PHILADELPHIA — President Joe Biden is heading to Philadelphia Thursday to unveil his latest budget proposal and plans to protect Medicare, according to the White House.
He’ll visit a union hall where workers are benefiting from his economic plans, the White House said late Sunday, and plans to deliver a speech that outlines his proposals “to invest in America, continue to lower costs for families, protect and strengthen Social Security and Medicare, reduce the deficit, and more.”
The budget proposal would cut the federal deficit by more than $2 trillion over 10 years and extend the life of Medicare, the health plan for Americans over age 65, by at least two decades, without cutting benefits, the White House told the Philadelphia Inquirer, though it did not provide details of how Biden would accomplish that difficult combination.