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Biden proposes spike in federal spending in $1.5T budget proposal

Biden proposes spike in federal spending in $1.5T budget proposal

NY Post
Friday, April 09, 2021 05:53:38 PM UTC

WASHINGTON — President Biden’s first annual budget proposal calls for a surge in federal spending on climate change, civil rights, IRS tax collections and the worsening border crisis on top of his massive, just-passed stimulus package and pending $2.3 trillion infrastructure bill.

The budget proposal calls for a 16 percent increase in domestic spending and a 1.7 percent increase in Pentagon spending in fiscal 2022, according to a letter to Congress from acting White House budget director Shalanda Young. The combined price tag tops $1.5 trillion for discretionary spending, which doesn’t include obligatory spending on entitlements like Social Security or interest on the national debt.
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