I'm Deerreboza, and you're listening to CNBC's Tech Check.

Our show is live weekdays at 11 a.m. Eastern to Tech Check. I'm John Fort with Carl Kintanilla and Deirdreboza. Today, Tesla's tear higher with shares back above 1,000 a share in reports of a potential stock split. We've got Morgan Stanley's Adam Jonas to break down the space.

Plus, the slap felt round the world.

What Apple's best picture win could mean for streamers and the stock and social media's growing role.

And finally, cybersecurity companies and risks in focus with the conflict in Ukraine.

We will talk Outlook for the sector with the CEO of

Cloudware this hour, Dee. First, breaking news from Washington. Crossing right now, President

Biden unveiling his budget proposal for 2023, and Elon Moy's got those details for us,

Elon. Good morning, Deirdred. President Biden's budget includes $2.5 trillion in new taxes over the decade, targeted at corporations and the wealthy.

His plan would raise the corporate tax rate to 28%.

Tighten international tax rules, repealed key tax breaks for the oil and gas industry, increase the top individual

rate to 39.6%, close the carried interest loophole, and end the benefit for like-kind

exchanges. There's also, of course, a new 20% minimum tax on those worth $100 million or more

that covers both regular income and unrealized gains.

Now, that revenue will help pay for investments in K-12 education and college affordability,

public health, housing, and combating crime.

It also allows the administration to reduce the deficit by more than a trillion dollars over the next decade.

But the White House is also setting money aside for

another go at a Democrat's only tax and spending bill that would focus on cutting costs for

households and expanding the productive capacity of the economy. Now, that could be funded with

separate proposals like taxing stock buybacks or a millionaire surtax that passed the House last year.

Now, if the White House budget were to pass, the administration estimates GDP would grow 7.6% this

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