Breaking Down President Biden's $6 Trillion 2022 Budget The president's budget attempts to incorporate plans on infrastructure, housing, and healthcare, and is likely to receive conservative backlash for raising the federal deficit. Biden's Child Care Tax Credit: What It Does and Who It Leaves Out The American Rescue Plan that President Joe Biden signed into law in March sought to remedy the lack of a strong child care infrastructure by expanding the child tax credit. The Tulsa Race Massacre, 100 Years Later On May 31, 1921, a violent white mob killed hundreds of residents in the thriving Black community of Greenwood in Tulsa, Oklahoma.