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US President Joe Biden looks to cut budget deficit and tax stock windfalls

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US President Joe Biden. Photo: Susan Walsh/AP

US President Joe Biden. Photo: Susan Walsh/AP

US President Joe Biden. Photo: Susan Walsh/AP

US President Joe Biden’s budget for the fiscal year 2024 will be released on Thursday.

While the document is always a bit of a wish list, and especially so given the current divided Congress, the Democratic president’s spending and revenue priorities will be key factors in upcoming negotiations with Republicans over raising the debt ceiling.


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