The president will present his plan from a union hall on Thursday. He accepted an invite from Rep. Brendan Boyle, who is the highest ranking Democrat on the House Budget Committee.
The White House says the speech will focus on lowering costs for families, protecting and strengthening Social Security and Medicare, reducing the deficit, and more.
President Biden will need to win a bipartisan consensus. It will be his first budget proposal since Republicans took the majority in the House.
The GOP is already threatening to refuse to raise the U.S. debt ceiling unless the president agrees to sharp spending cuts.