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26:38Now PlayingBiden budget calls for income tax on wealthiest Americans, more police spending | USA TODAY
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26:38Now PlayingThe president's proposal calls for income tax on wealthiest Americans and more police spending in 2023. Biden’s plan will become the starting point for negotiations between lawmakers and the White House.
RELATEDBiden budget calls for income tax on wealthiest Americans, more police spending in 2023
President Joe Biden called Monday for a new tax on billionaires and more funding for police and the military as part of a $5.8 trillion spending plan he sent to Congress for the upcoming fiscal year.
The proposal outlines the administration’s spending priorities as inflation has soared to its highest level in four decades.
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