to follow up. at least i am, i hope i have your commitment to do so as well. [applause] >> the white house briefing today press secretary karine jean pierre will be joined by the director of management and budget, and the chair of council of enomic advisors. briefing reporters on president den's budget request for the next fiscal year. watch live at 2:30 p.m. eastern here on c-span. online at c-span.org. and on our mobilepp, c-span now. >> c-span is your unfiltered view of government. we are funded by these television companies and more. including buckeye broadband.

>> buckeye broadband supports c-span as a public service. along with these other television proed advisors, giving you front row seat to democracy. the president top lin9 trillion. it aims to reduce the deficit by $2.9 trillion over the next 10 years. here's the president yesterday on reducing the nation's debt. [video clip] pres. biden: my budget is going to give working people a fighting chance. we can pay by these jobs by reducing the deficit. cutting 160 billion dollars in medicare expenses is one. we also have to ask the wealthiest the -- to pay their fair share.

and cutting subsidies were special interest. in my first two years in office, i brought down the deficit record $1.7 trillion, more than any president in american history while doing the rest of the stuff. the budget i am introducing today is going to reduce the deficit by nearly $3 billion -- $3 trillion. host: president biden on reducing the deficit would do so if this plan is followed by congress. congress and the house controlled by republicans. if they follow the president request , he would reduce the deficit by increasing taxes. washington post this morning,

this is what they write, the plane ve these administration authority to negotiate what a price the federal government pays for more ugthan the limited numbers approved referring to medicare, will also increase in taxes on people earning more than $400,000 per year. the administration says is proposal would extend the solvency of this program for at least 25 years. the wall street journal this morning in their reporting they note, biden's budget shows the rising cost of leaving medicare and social security untouched, which is what the president does in a right, when it comes to medicare it is not enough money. unlike medicare costs, medicare x revenue does not rise with thpolation in health care inflation.

even mr. biden's proposal sees a large and growing gap, even wi the promise to cut the deficit by $3 trillion over the coming decade, primarily by raising taxes, the annual deficit remains stuck at around 5% gdp. as a result, federal debt continues to rise reaching 110% of gdp in 2033, up from 97% now. this morning, getting a reaction to the president budget request to congress and the numbers he lays out this morning. $6.9 trillion budget request. take a look at what the wall street journal put together in their paper today. the base discretionary funding request by department and agency by billions. the largest bubble there $842

billion for the defense department. hhs, health and human services, $145 billion. veteran affairs almost $138 billion dollars. state and international programs , $70 billion. homeland security, $60 billion. energy, $52 billion. justice department, nearly $40 billion. agriculture department, nearly $30 billion. transportation, 28 billion dollars. nasa, $27 billion. the treasury department, 16 billion dollars. the labor department would get $15 billion. once you get your reaction to the president's budget request here.

democrats, 202-748-8000. republicans, 202-748-8001. independents, 202-748-8002. here is what the president said about taxing wealthier americans and corporations. [video clip] pres. biden: maga republicans refuse to raise signal taxes on the wealthiest people. raise your hand, anybody who thinks our current federal tax system is fair, raise your hand. i'm not judging. -- i am not joking. we found in the year 2020. 55 major corporations in fortune 500 companies paid zero in federal income tax on $40 billion in profit.

i assisted on a horrible thing to burden on them. i just legislation making sure they had to pay a minimum 18% -- 15%. that is less than any of you pay. guess what? we did those things to grow the economy. to create jobs. just begin to to pay your fair share. when i was elected around 650 billionaires in america, now it is over 1000. you know the average tax they pay? 3%. no billionaire should be paying lower tax then somebody working

as a schoolteacher or a firefighter or any of you in this room. my plan is to make sure corporations get the pay their fair share. used to be 35%. we cut it down to 21%. i think we should be paying 20%. -- i think we should be paying 28%. i made this commitment when i ran and have not broken it yet and i never will. no one making less than $400,000 will see a penny in federal taxes go up. host: from the washington post a breakdown of what the president it was saying about raising taxes, this is what he will want to do. $1.3 billion raise over a decade by raising the corporate income tax rate. $549 million.

$393 million from tax herbaceous for multinational corporations. you can see how it breaks down by raising taxes on the wealthy to spend with the president wants to spend an he claims to reduce the nation's deficit. neil in florida, republican. what do you think? caller: i think this clown, i would not by an insurance policy from him. there is no reason this man is in power. host: what about the budget? caller: but budget? his proposed budget? host: yes.

caller: i think it is a three card monty. host: explain. caller: he is just mumbling. host: andy in peachtree city, georgia. independent. caller: good morning. i am very encouraged by the president comments and especially their approach is taking regarding the side of increasing revenues. i am always confused how people keep saying that identifying social security and medicare as entitlements. there are not entitlements. i paid into it for 46 years. that is a social contract and should be left as is and look for other ways to reduce the

deficit. do not try to dip into areas that do not really say that, money. host: how do you reduce the deficit without taking on the programs that are driving that? social security and medicare? caller: look to people and companies, organizations that pay their fair share. as simple as that. host: it does not do enough though. caller: you can find out easily they need to raise the limit. that will create a lot of income as well. host: race and come on what, social security? -- raise the income on what, social security? caller: yes. host: the tax cap? caller: yes. host: stay with us because i

want to show folks this new york times interactive graphs on their website. what you have to cut if you take off his off the table? if you say do not touch defense, medicare, or social security looking to where the money has to come from. you would have to make a 70% cut on medicaid, obamacare, and each chip program and food assistance, military retirement and antipoverty programs. all of the spending would take a 70% cut, veterans health, transportation, education, law enforcement, research, and foreign affairs. if you said no defense cuts, we

were formed social security and medicare and make cuts of programs. if you did that, you would have a 31% cut in social security. another 31% cut in medicare. medicaid and obamacare, 30%. mandatory spending, 30%. mandatory spending in veteran affairs, education, and transportation. if you make even because across-the-board, look at how the map changes. still about 30% in social security and medicare and all other programs in mandatory spending in our federal government. your reaction? caller: like i said earlier, there are certain things perhaps that can be looked at. my personal point of view is that i live off of social security. i would not be very happy if i

saw cuts in those areas. host: all right. harold in west virginia. hi. caller: hi. we pay quite a bit in medicare out of our wages. let let money go into the medicare rather than play it out -- put it out for every other little think some of these people can come up with. let's make medicaid put a work requirement on these people. i live here in west virginia and they have a terrific coke problem. food stamps most of it is traded off with 50 cents on the dollar to buy dope with. host: how do you know that?

you have to have evidence we make that sort of claim. caller: i do know people who are doing that. host: but that is anecdotal. caller: put a work requirement to it. i'm a veteran. i do not have much confidence in the v.a. system. it is more for the v.a. employees who are bottom of the barrel doctors, bottom of the barrel nurses. when we give money to other countries, they have to be able to show where it goes rather

than afghani president who took off who is now a rich man on our tax dollars. ukraine. same with all these other dictators. let's leave the taxes alone and let everybody go to work. host: alex in d.c., democratic caller. your reaction to the president budget requests. caller: i really appreciate c-span because y'all do cover all of these hearings like where the money is going in ukraine and all of that. i encourage everyone calling in making the claims to go back and do research. as far as the budget, i was very encouraged to see the things by didn't to compromise on last time in the budget, universal childcare, universal pre-k,

things that are going to get bottom line again because the trend is republicans particularly republicans in our congress are shortsighted about what saving money means. i do not think people understand that when you invest in children , and best the youth of the country, and set them up for success they do not end up on welfare, they do not end up on the street. they do not end up needing the government when they are set up for success. i am hoping, praying that these investments in our youth will make it through in the

the budget includes more than $2 trillion for programs such as childcare, prekindergarten, community college, medicaid, and more. the caller also mentioned what republicans would do. they control the house, as we talked about.

and they will set their own budget. "usa today" notes some of the cuts that republicans would like to make from their budget chair, congressman arrington, pulling back nearly $100 billion in uncommitted covid money. reinstating work requirements for temporary assistance for needy families, and the supplemental nutrition assistance program. reducing fraud in the child tax credit, and the snap, the food stamp program. capping obamacare subsidies at 400% of the poverty level. recovering overpayments. cutting nearly $90 billion in funding for the e.p.a. included in the inflation reduction act. ending the president's student debt cancellation. cut 13*d billion in green spending for electric vehicles for the postal service and buses with low emissions. eliminating $1.2 million for lgbtqia+ pride centers. $3.6 million for michelle obama

trail in georgia. and $750,000 for transgender care in los angeles and more. additionally, some conservatives think tanks in d.c. have proposed billions worth of cuts each to defense, housing and urban development, the centers for disease control and prevention, and health and human services. bill, columbia, maryland, independent. hi, bill. caller: good morning. first i want to commend you, greta, for holding the one person's feet to the fire when you said, what about the entitlement programs? social security, medicare. that's where -- that's what's driving the debt. we are borrowing more than the trillion dollars as far as the eye can see. there is no end to it. and neither party is going -- it's i am possible for these politicians -- it's impossible for these politicians to maintain power if this they

address t the only way it can be addressed is in a bipartisan manner. it's sad to think where we are headed. we are headed for its bankruptcy. she's -- i have heard figures like 10 years out. they are going to have to cut social security by 20%. if something's not done. all this business of, well, we got to make the rich pay their fair share and all of this. it's just--nobody's dealing with the reality of the situation. we are in trouble. as far as cutting defense, i don't see how you can even do that, think about doing that, in light of the way the world is these days with china and everything else. i really am concerned about where we are headed as a country. my children and grandchildren are going to have a standard of living that's way lower than what i have experienced during my lifetime.

i don't know where the solution is. the solution is systemic change in congress. i'm a big supporter, amending the constitution to put restraints on on the birth of all term limits because it's the way they stay in power they offer you all this stuff, but don't pay for t we have a socialist system but we are not paying for it. in europe -- in order to get out of debt, we have to raise everybody's taxes to about 50% and have the european model. the solution, i think, is to amend the constitution -- host: you pheupbgsed the solution has to be bipartisan. how do you get a group of senators and house members, as you said, to touch this -- these programs when none of them want to do so politically. what do you do? have a commission?

caller: all of that sounds good. we have had commissions in the past as far as restructuring social security and all that. i think, unfortunately, what's going to end up happening is we are going to get 10 years out, it's going to be a crisis, and at that point, unfortunately, benefits are going to be cut and they are going to do what they should have done 20 years ago, which is adjust the cap, raise the age, and everything that should have been done. the time limit is over. this thing -- i have been watching this thing since the 80's. all along they are like if we get past this point, it's going tonight point of no return. and that was 10, 15, 20 years ago. we are at the point of no return now. host: we are 12 years out according to the c.b.o. look at this from the committee for responsible federal budget. c.b.o. projects -- karine: good afternoon