President Joe Biden's budget proposal on Thursday will aim to cut U.S. deficits by nearly $3 trillion over 10 years, far more than the $2 trillion the administration previously targeted.
Analysts said it was unlikely that the proposals would win quick support on Capitol Hill, where control of Congress is divided between Democrats and Republicans.
"This week, I'll show Americans my full budget vision to invest in America, lower costs for families, and grow the economy without raising taxes on anyone making under $400,000," Biden said on Twitter Wednesday. "I urge my Republican friends in Congress to do the same. Show the American people what you value."
Reporting by Trevor Hunnicutt; Additional reporting by Katharine Jackson; Editing by Rami Ayyub, Heather Timmons and Lisa Shumaker
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