[Congressional Record Volume 170, Number 44 (Tuesday, March 12, 2024)]
[Senate]
[Page S2352]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]



                        President Biden's Budget

  Mr. President, on the Biden budget, yesterday, President Biden 
released a budget proposal laying out a bold, optimistic, responsible 
path for America. The President's budget shows the stark contrast 
between the Democrats' positive, proactive vision and the Republican's 
negative, regressive vision for our Country.
  Democrats want to lower costs for working families. President Biden's 
budget includes actions to reduce the price of prescription drug costs, 
to cut taxes for middle- and low-income Americans, and to restore the 
child tax credit.
  Republicans have made it clear they have no interest in lowering 
costs for working families and would rather help the wealthy get even 
wealthier.
  Democrats want to protect programs like Social Security and Medicare. 
President Biden's budget protects and strengthens these vital programs, 
which tens of millions of Americans rely on every single day.
  Republicans have fought relentlessly to slash funding for Social 
Security and Medicare, which would have devastating consequences for 
the American people.
  Democrats want to make the Tax Code fairer, while cutting the 
deficit. President Biden's budget ends the reckless Trump-era tax scam 
that overwhelmingly cut taxes for the wealthiest few and large 
corporations. It left working families out to dry.
  And President Biden's budget proposes measures to cut the deficit by 
nearly $3 trillion--$3 trillion--over the next decade.
  This is the President's budget in a nutshell: lower costs, stronger 
Social Security, stronger Medicare, more investments in America and the 
American people, all while reducing the deficit. That is something we 
can all get behind.