“The fact that the Governor continues to overspend creating structural deficits in future years is fiscally irresponsible," Republican Assemblymember Vince Fong said.
President Joe Biden released his $5.8 trillion budget for fiscal year 2023 on Monday, including significant funding for the police, in an effort to set himself apart from progressives in his party who have advocated for defunding the police. Biden also called for more defense spending and a new minimum tax targeting the rich.
The president’s plans to invest in infrastructure, education, health care and more would push federal spending to its highest sustained levels since World War II.
President Joe Biden has repeatedly promised not to raise taxes on people making less than $400,000. It was a staple of his presidential campaign, and he continued to say it after being sworn in.
