"Biden's $7.3 Trillion Budget Proposal: Key Takeaways and Controversies"

President Biden's proposed federal budget for the 2025 fiscal year aims to cut the deficit by $3 trillion over the next decade through tax hikes on corporations and the wealthiest Americans, while introducing new social programs for housing, health care, and child care. The budget also includes measures to protect Medicare and Social Security, allocate billions for border security, and offer cost-cutting measures for struggling families. However, the budget faces opposition from House Republicans and is expected to undergo significant changes during negotiations in Congress.