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Biden’s budget plan: Higher taxes on rich, lower deficits

Office of Management and Budget director Shalanda Young speaks before President Joe Biden about his proposed budget for fiscal year 2023 in the State Dining Room of the White House, Monday, March 28, 2022, in Washington. (AP Photo/Patrick Semansky) President Joe Biden speaks about his proposed budget for fiscal year 2023 in the State Dining Room of the White House, Monday, March 28, 2022, in Washington, as Office of Management and Budget director Shalanda Young listens. (AP Photo/Patrick Semansky) President Joe Biden speaks about his proposed budget for fiscal year 2023 in the State Dining Room of the White House, Monday, March 28, 2022, in Washington. (AP Photo/Patrick Semansky)