View all Articles
Commentary By Brian Riedl

Biden’s $5 Trillion Tax Blowout Still Leaves Soaring Red Ink

Economics Tax & Budget

President Biden’s budget request is meant to drive headlines showcasing a claimed $3 trillion in deficit reduction over the next decade.

In reality, his budget proposes the largest tax increase in modern history, plows much of the new savings into more new spending and leaves Social Security on its path to insolvency.

Start with taxes.

Continue reading the entire piece here at the New York Post


Brian M. Riedl is a senior fellow at the Manhattan Institute. Follow him on Twitter here

Photo by Chip Somodevilla/Getty Images