Republicans immediately rejected Biden's plan, but have yet to release their own budget. They have made it clear, however, that they want to apply deep spending cuts to everything from health insurance to food assistance benefits.
The Republican proposal would have eliminated taxes on apartments and rental homes taxes for landlords without requiring them to pass those savings to their tenants.
Biden’s blueprint includes several recently passed laws which are expected to create millions of good-paying jobs in construction, manufacturing, and other sectors.Â
Republicans have said they want to extend the Trump tax cuts, which mostly benefited billionaires and corporations; cut spending on Social Security and Medicare; and repeal the Inflation Reduction Act, which lowered the cost of prescription drugs and raised taxes on corporations.
The commission regulates electricity, water, and gas providers, and approves the rates that consumers pay. More than 300 small and large water companies are under the commission’s jurisdiction.