WASHINGTON—President Biden’s $6 trillion budget proposal unveiled Friday charts his vision of an expansive federal government role in the economy and the lives of Americans, with big increases in spending on, public health and education along with tax increases on corporations and the wealthy.
The Biden administration is seeking $1.52 trillion for spending on the military and domestic programs in fiscal year 2022, which begins Oct. 1, an 8.6% increase from the $1.4 trillion enacted last year, excludingThe proposal would shift more federal resources from the military, which would see a 1.6% rise in spending next year, to domestic programs such as scientific research and renewable energy, which would receive 16.5% more funding under the president’s plan in 2022.
The White House also detailed costs for its proposals to spend $4.5 trillion over the next decade on infrastructure and social programs,this summer. The plan would provide $17 billion next year for infrastructure improvements, including repairs to roads, bridges and airports, $4.5 billion to replace lead water pipes across the country, and $13 billion to expand high-speed broadband.
Plans to provide universal preschool and ensure teachers at those schools earn $15 an hour would cost $3.5 billion in 2022. The budget would also provide $8.8 billion next year on direct spending on families, including $6.7 billion for affordable child care, and $750 million for paid leave, the costs of which would rise substantially in 2023 and beyond.
Here we go....Joe doesn't care, his family is taken care of for the future.
JoeBiden campaigned for President as a moderate, and while I would have voted for him over Trump any day, he rush to the left is alarming and will turn off many independents and moderates like myself in 2022 and 2024. Does he not realize he is playing into Trump’s hands?
There shouldn't be any student loan forgiveness. People need to be accountable for their actions and decisions. You spent $100k on an education - pursuing a degree that has no demand or marketability - and can only find a minimum wage job? Whose fault is that...
And it's beautiful
Where was the wsj when the Rs passed a useless tax cut in a strong economy and exploded the deficits with minimal benefit?
Hi president Biden I wait long time for oppiontment interview nvc
Because of Reagonomics we've spent 40 years underinvesting and the deferred costs have continued to rise. If we don't invest now the costs to our economy in lost competitiveness and climate destruction will be overwhelming.
Sick Dictators,like GLUE,STUCK to Our Life! Let the EU Prove to Us that the Words 'Human Rights' are not Advertising! It is don't turns out Slandered and Poisoned Us.Because of Politics, they can STOLEN us! EU is Waiting for Montonegro to Pack and Send Us home to DEATH!
Got to try a different approach.. under Trump only big business and the rich made out well while the tax cut emptied the Fed coffers and the majority struggled. Time for a new roadmap
United States Budget Resolution Proposal 1. Hold out both hands 2. Take one hand & begin collecting wishes for a responsible leader 3. Take your other hand & begin collecting stimulus checks & all the crap the government is handing out Which hand will fill up 1st?
Stop expanding SS to people never contributed to it! It’s not tax money . It’s earmarked savings . And stop making the age to get it older . Our life expectancy is only 75 . Give the people who are every day worried a bigger slice of their own money snd sooner not later . sstous
Thank God I sold my house before this idiot tanks the housing market. And everything else for that matter. Enjoy your $6/gallon gas that’s coming.
This is good?
He has to do this people to keep it all going. He needs actually more money and Ultimate Managing for all the money. Mvg✅
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TerroristIsraeli police arrest child in occupied Jerusalem ThisIsIsrael IsraeliCrimes BDS
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