The Biden administration is committed to raising taxes for wealthy Americans as President Joe Biden is slated to propose his budget this week, said White House press secretary Karine Jean-Pierre.

Speaking to reporters Wednesday, Jean-Pierre said that Biden’s budget is aimed at cutting the federal deficit by $3 trillion over the next decade and added it would propose “tax reforms to ensure the wealthy and large corporations pay their fair share while cutting wasteful spending on special interests like Big Oil and Big Pharma.”

She also criticized the Trump administration’s focus on tax cuts by putting forward “a really irresponsible piece of legislation that gave tax breaks to the wealthy, especially millionaires and billionaires,” adding, “That is something that we have had to deal with, and we really have to call out.”

The press secretary was likely referring to the 2017 Tax Cut and Jobs Act that slashed taxes for individuals and businesses, increased the standard deduction as well as family tax credits, reduced the Affordable Care Act’s individual mandate penalty to zero, and cut corporate rates to 21 percent. Some congressional Republicans have said they want to keep those cuts.

During the press briefing, Jean-Pierre did not go into specifics about Biden’s proposed budget. However, she said that the budget is designed to “[make] the wealthy and big corporations pay their fair share.”

Her comments came in response to questions about Biden’s proposal that he unveiled on Tuesday that would increase the Medicare tax rate from 3.8 percent to 5 percent for households that earn $400,000 or more each year. That tax increase would apply to both “earned and unearned income” that reaches above $400,000.

“Since Medicare was passed, income and wealth inequality in the United States have increased dramatically. By asking those with the highest incomes to contribute modestly more, we can keep the Medicare program strong for decades to come,” the White House said in a statement this week.

It added that “high-income” Americans are required “to pay a 3.8 percent Medicare tax on all of their income, but some high-paid professionals and other wealthy business owners have managed to shield some of their income from tax by claiming it is neither earned income nor investment income,” according to the statement.

The White House has said Biden will release his full budget during a trip to Philadelphia on Thursday.

Earlier this week, Jean-Pierre told reporters that Biden won’t raise taxes on people making less than $400,000 per year and won’t cut Medicare or Social Security benefits for seniors. “The president … is proposing to do the following: increase the Medicare tax rate on income above $400,000; close loopholes in existing Medicare taxes; and give Medicare the power to negotiate lower prices for more prescription drugs,” she remarked.

In his State of the Union speech last month, Biden indicated he would also propose a quadrupling of the stock buyback tax included in the Democrat-backed Inflation Reduction Act of 2022. The legislation implemented a 1 percent excise tax on corporations’ stock buybacks.

After the White House’s latest promises to raise taxes on what it described as wealthy households, some Republicans said such policies would impact all Americans. Biden’s budget would have to clear the House of Representatives, which is narrowly controlled by Republicans.

“You know the president’s budget is replete with what they would do if they could—thank goodness the House is Republican—massive tax increases, more spending,” Senate Republican Leader Mitch McConnell (Ky.) told reporters.

Suggesting the budget bill is dead on arrival, McConnell added that “the American people can thank the Republican House” that the proposed tax increases “will not see the light of day.”

“Americans are going to feel the pinch of higher taxes. Republicans passed the Tax Cuts and Jobs Act to lower income taxes for everyday Americans,” said Sen. John Kennedy (R-La.) “Pres. Biden wants to get rid of those tax cuts because he thinks you’re not paying your fair share.”

Previously, House Republicans have said they want to demand sharp cuts on spending on Biden’s initiatives and extend tax breaks passed under Trump. House of Representatives Budget Committee Chairman Jodey Arrington told Reuters that Republicans are assembling a budget along the lines of a budget proposal developed by Russell Vought, who served as Trump’s budget chief.

“It is consistent with what’s in his budget,” Arrington said in an interview with the newswire service. The congressman, whose party controls the House, did not provide specifics of what cuts he would suggest to his fellow Republicans.

House Speaker Kevin McCarthy (R-Calif.) has vowed not to allow an increase in the $31.4 trillion legal limit on federal borrowing without an agreement from Democrats in Congress to rein in federal spending.

Reuters contributed to this report.