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What to know about Biden's first budget

What to know about Biden's first budget

CBSN
Friday, May 28, 2021 02:52:18 AM UTC

President Biden on Friday will propose to Congress the budget for the fiscal year 2022, as he tries to make the case that it's time for America to spend big. Mr. Biden's budget includes trillions for his infrastructure and families plans, and it is expected to top former President Trump's $4.8 trillion proposal last year. 

Mr. Biden's budget proposal is just that — a proposal. Congress has the final say. Mr. Biden didn't explicitly confirm the reported topline $6 trillion figure in a Thursday gaggle with reporters in Ohio, but he didn't deny it either. The budget proposal comes as the White House continues to negotiate with Republicans and Democrats on a potential infrastructure bill, what the Biden administration calls the American Jobs Plan. Republicans proposed spending less than $1 trillion on infrastructure, far less than what Mr. Biden had wanted but more than Republicans had offered initially.
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