Analysis-Biden’s focus on deficit in budget is targeted at Republicans

By Trevor Hunnicutt WASHINGTON (Reuters) -When U.S. President Joe Biden rolls out his budget plans at a Philadelphia union hall on Thursday, he will highlight something that merited little mention during his last presidential campaign – a pledge to cut trillions from the government’s deficit. Biden ran in 2020 on putting money in people’s pockets and rebuilding the middle class, and the U.S. federal deficit wasn’t on a long list of campaign promises. But on Thursday, cutting nearly $3 trillion from the deficit over a decade, by raising taxes on companies and people earning over $400,000 a year…

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