President Biden: ‘I Want To Make It Clear I’m Going To Raise Some Taxes’

On Tuesday, President Biden promised Americans that he is going to “raise some taxes” in order to cut the federal deficit while supporting Social Security and Medicare. “When I introduce my budget, you’ll see that it’s going to invest in America, lower health costs, and protect and strengthen Social Security and Medicare while cutting the deficit more than $2 trillion over the next 10 years,” Biden claimed. “But, by the way, I want to make it clear I’m going raise some taxes. Many of you are billionaires out there. You’re going to stop paying at 3 percent. Not a joke.”


