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speaker kevin mccarthy has yet to issue a budget for the next fiscal year. but did manage to cobble together one frankenstein monster of a debt ceilin proposal this week mccarthy presented a sweeping 320-page bill tha would pair 4.5 trillion dollar in spending cuts with a 1. trillion-dollar increase in th federal dilemma that would kee the bill collectors at bay until march 24th, just in time for the campaign season to hea up the white house says thi spending cuts wish list tied t the ...

>> george, you not fooling anyone >> yeah, except i did. now im in congress. >> i am jonathan capehart, thi is the sunday show president biden unveiled his new budget proposal this week, a seven trillion dollar plan that in vested billions into affordable childcare, whol care for older or disabled americans, and lowering housin costs. the plan proposes to pay for i by the corporate tax rate to 28% and imposing in 25% tax on billionaires a proposal snl had a little fu with last night. >...

Is just not the right step forward to have all of thi economic progress that i jus talked about >> correct me if i am wrong, the last time you were here wa just after the administratio released its budget. for fy 2024, fiscal year 2024, that was february, right >> we released it march 9th, and you and i talked about it, i think, yeah, a little before that >> so it has been a month and half have you even seen a smoke signal from the house abou when it might reveal its own budget for the next fisc...

I applaud them for putting tha out there. i do question whether th majority of republican support this is it the majority o republican plan oranges th freedom caucus we are waiting to see wh stands behind that plan that would entail catastrophic cuts to the middle class. a >> republican say that thi plan is dead on arrival. particularly the higher taxe on the ultra wealthy is there any place in that where the president woul compromise right now he wants to raise th talks tap rate from 21 to 28%....

>> george, you not fooling anyone >> yeah, except i did. now im in congress. >> i am jonathan capehart, thi is the sunday show president biden unveiled his new budget proposal this week, a seven trillion dollar plan that in vested billions into affordable childcare, whol care for older or disabled americans, and lowering housin costs. the plan proposes to pay for i by the corporate tax rate to 28% and imposing in 25% tax on billionaires a proposal snl had a little fu with last night. >> presiden...

Doing it since he got into office i plan in his budget that woul reduce the deficit even more by three trillion dollars. all while still investing in the american people. childcare proposals, paid leav proposals. you know how you do that you ask the wealthiest in this country to begin to pay thei fair share is it right, the president doesnt think it is, tha billionaires and hundreds of millionaires pay less in tax rate than teachers and firefighters do in thi country. >> one of those billionaire...

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Very much for coming back to the sunday show lets pick u where onb director shalom dion left off in terms of the freedom caucus that is the only budget plan that is out there. where is the overall republica budget >> the freedom caucus demand they read like a ransom no there is no way that anyone of the ten demands is going t pass the full house of representatives. frankly, i dont think the republican congress has 21 votes for any budget we have now seen the president released his plan. i strong...

Deficit by a whopping thre trillion dollars over the next decade while still allowing th government to provide for thos who need a little extra help house republicans say the plan is dear way. citing theneed to curb spending due to the debt ceiling. reminder, that is money wev already spent. at the state of the union, the enthusiastically agreed not to cut medicare and socia security they havent presented a plan. where are there cuts comin from as the kids say, the math is not math thing earlier...