President revealed Tuesday that he will pitch raising taxes when he releases a proposed budget on March 9, but insists he will stick to his campaign promise not to hike taxes on Americans making less than $400,000 a year. Biden made the remarks during his trip Tuesday to Beach, Virginia, in a speech that was mainly dedicated to defending the Affordable Care Act and Medicaid against cuts. 'I want to make it clear, I'm gonna raise some taxes,' Biden said in the speech. 'Many of you are billionaires out there. You're going to stop paying at 3 percent.'
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