Biden: Budget talks hit ‘stalemate,’ $3.5T may take a while

Biden’s big vision over his “Build Back Better” campaign promise proposes expanding health, education and federal programs, with more services for Americans of all ages, while investing heavily in efforts to tackle climate change. All this would be paid for largely by hiking tax rates on corporations and wealthy individuals, those earning beyond $400,000 a year, or $450,000 for married couples.