Editorial Roundup: United States
Excerpts from recent editorials in the United States and abroad:
March 11
The Washington Post on Biden, taxes and the middle class
Like most presidential budgets before it, President Biden’s fiscal 2025 tax and spending blueprint is more of a political statement than an actual legislative proposal. Basically, it’s a reelection pitch straight from the “Middle Class Joe” playbook he ran on in 2020: raise taxes on the rich and businesses and spend much of the proceeds on federal support for child care, health care and housing. These traditional Democratic priorities failed to become law even when Mr. Biden’s party narrowly controlled Congress, so there is zero chance of enactment now.
Considered differently, however — as a reminder of how another four years of Mr. Biden in the White House would be unlike a second term for likely GOP nominee Donald Trump — the document has somewhat more meaning. That is especially true for what might be the first major policy area to feel the impact…