President Joe Biden will propose new tax increases with his fiscal 2024 budget this week, while the Republican-controlled House will force a vote on killing the administration’s new rule that expands the jurisdiction of the Clean Water Act.
 
Biden is jockeying for political position in a clash with House Republicans over the debt ceiling by offering tax increases as the way to reduce the deficit. The FY24 budget, which will be released Thursday, will be dead on arrival in the GOP-controlled House, but the proposal will give congressional Democrats a message to rally around in the budget fight with Republicans.
 
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