President’s new budget mentions ‘equity’ 63 times, ‘transgender’ eight times and ‘queer’ seven times

Joe Biden’s new budget plan, released Thursday, is light on initiatives to tackle the drug crisis sweeping the country but heavy on gender politics, according to a new analysis.

Biden mentioned “equity” 63 times in the document, Fox News found — more than double the number of references to the word “border.”

The word ‘fentanyl’ was only mentioned twice.

The word “transgender” came up eight times, and “queer” seven times – but the word “opioids” was mentioned four times.

‘Equality’, a key focus, was mentioned in the context of racial equality, equal access to health care and equality for veterans.

It has largely replaced the word “equality” in progressive circles. Equality means giving everyone the same opportunity, while fairness means everyone getting the same result.

Proponents say fairness helps remove unfair barriers that make it more difficult for some to reach their full potential. Critics say it is often associated with unfair biases against certain groups perceived as successful, and that equal outcomes are often achieved artificially by lowering general standards.

“On his first day in office, the president signed a sweeping executive order directing the entire federal government to advance an ambitious equality and racial justice agenda — not as a year-long project, but as part of a sustained commitment to deliver on the pledge. come from America really for every American,” the document reads.

Since then, the administration has made significant progress in advancing equality within the federal government, including by issuing a second executive order that strengthens its ability to create opportunity for communities and populations historically underserved, and continues to build an America in which all can participate, thrive and reach their full potential.

Biden’s plan for 2024 is considered unlikely.

Analysts describe the proposal as a blueprint for the issues he will face in 2024 if he decides to seek re-election.

Biden also threw down the gauntlet at his Republican rivals, demanding that they too reveal their spending plans.

“I have now prepared my budget,” he said.

“Republicans in Congress should do the same.”

Biden’s plan would reduce deficits by $2.9 trillion over the next decade proposal that Republicans are already planning to reject.

On Thursday, the president spoke at a union training center in Philadelphia, where he discussed his public finance plan and how his values ​​contrasted with Republican priorities.

“I just put down most of my budget,” Biden said.

Republicans in Congress should do the same. Then we can sit down and see what we disagree with.’

Still, the president doubted that Republican members of Congress could match their numbers as their call for a balanced budget, and suggested any efforts to do so could come at the expense of middle-class families.

“How are they going to pass the math?” said Biden. “What are they going to cut?”

House Speaker Kevin McCarthy said the deficit reduction proposed by the president was insufficient.

“It looks like it’s going to create the greatest government in history.

“I don’t think that’s what we need right now,” he said.

In addition to reducing the deficit, Biden’s ten-year budget largely revolves around the idea of ​​taxing the wealthy to help fund programs for the middle class, the elderly and families.

It would bring in $4.7 trillion from higher taxes, with an additional $800 billion in savings from program changes.

The tax increases include a rollback of President Donald Trump’s 2017 tax cuts for people earning more than $400,000 a year.

Biden has introduced a new minimum tax of 25 percent for households worth $100 million or more.

Also, the tax companies pay on share buybacks would quadruple and those earning more than $400,000 would pay an additional Medicare tax that would help keep the program solvent beyond the year 2050.

Medicare could negotiate the prices of more prescription drugs, saving the government money.

That would be accompanied by $2.6 trillion in new spending, including the reinstatement of the expanded child tax credit that would bring families as much as $3,600 per child, compared to the current level of $2,000.

That credit would be “fully refundable,” meaning households could receive that entire amount even if they owe no taxes.

The budget proposal would impose a $35 per month cap on insulin prices, matching a change Biden has already made for Medicare recipients.

At a time of rising tensions with Russia and China, the budget shows a decline in military spending as a share of the US economy over the next decade.

But federal spending would equal about a quarter of economic output as Social Security and Medicare spending rise, keeping the government essentially the same size it is today.

The budget would try to close the carried interest loophole that allows wealthy hedge fund managers and others to pay their taxes at a lower rate, and prevent billionaires from setting aside large amounts of their assets in tax-advantaged retirement accounts.

The plan also envisages savings of $24 billion over 10 years by removing a tax subsidy for cryptocurrency transactions.