Biden Proposes $7.3 Trillion Budget With Progressive Tax Hikes for Corporations, Billionaires

The president’s budget for fiscal year 2025 increases taxes on corporations and the rich by $2.8 trillion over 10 years. WASHINGTON—President Joe Biden on March 11 released his $7.3 trillion budget for fiscal year 2025 that calls for significant tax increases for the wealthy and corporations. It features cost-cutting measures for families, building affordable housing,

Biden Proposes $7.3 Trillion Budget for 2025 With Massive Tax Hikes for Corporations and Billionaires

The president’s plan increases taxes on corporations and the rich by $2.8 trillion over 10 years. President Joe Biden on March 11 released his $7.3 trillion budget for fiscal year 2025 that calls for significant tax increases for the wealthy and corporations. It features cost-cutting measures for families, building affordable housing, and investing in American

Bob Menendez Pleads Not Guilty to Obstruction of Justice Charges

U.S. senator Bob Menendez (D., N.J.) pleaded not guilty on Monday to a new indictment charging him with obstruction of justice, as the embattled Democratic lawmaker’s corruption trial draws near. Menendez entered the plea at a hearing before U.S. District Judge Sidney Stein in Manhattan. Menendez was charged last year with taking bribes from New Jersey businessmen to impede law enforcement probes they