Biden to propose higher taxes for the wealthy in budget plan

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Biden to suggest increased taxes for the rich in price range plan - CBS Information Watch CBS News President Biden is expected on Thursday to release his new budget plan, which is expected to include new taxes for the wealthy to help fund Medicare for another 25 years. Mr. Biden's goal is to reduce the …

Biden to suggest increased taxes for the rich in price range plan – CBS Information

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President Biden is expected on Thursday to release his new budget plan, which is expected to include new taxes for the wealthy to help fund Medicare for another 25 years. Mr. Biden’s goal is to reduce the federal deficit by $2 trillion over a decade. CBS News senior White House and political correspondent Ed O’Keefe joined Nikki Battiste and Elaine Quijano to discuss.