"Biden's 2025 Budget Proposal: Social Programs, Tax Hikes, and Populist Themes"

President Biden unveils a $7.3 trillion budget proposal for fiscal year 2025, featuring major new spending initiatives for health care, child care, and housing, alongside higher taxes on corporations and the wealthy to offset the costs and reduce the national debt. The budget includes universal prekindergarten education, paid family and medical leave, anti-poverty tax credits, and a new tax break for first-time home buyers. While facing opposition from Republicans, Biden's administration aims to build the economy from the middle out and bottom up, with a focus on addressing inflation through investments in affordable child care and eldercare.