President Biden's budget proposal includes tax increases on corporations and the wealthiest Americans to decrease the federal deficit by $3tn.
Biden has pledged to defend popular federal programs while relying on taxing, rather than cutting spending or freezing programs.
The proposal drew both anger and disappointment from Progressive Democrats, particularly for the increase in defense spending and immigration policy.
The Republican-controlled House is unlikely to approve the budget, but analysis is key in understanding the administration's priorities.
President Joe Biden's budget proposal offers a different approach to that of his predecessor, Barack Obama, in its reliance on tax increases instead of spending cuts.
While a decrease in the deficit through taxing of corporations and the wealthiest Americans is generally welcomed, Progressive Democrats have concerns in areas such as defense spending and immigration.
The president's commitment to popular federal programs and diverse priorities is clear.
"My budget is going to give working people a fighting chance", Biden stated in Philadelphia.
The proposed budget has little chance of passing given the Republican majority in the House, but such proposals are important reflections of an administration's priorities.