The initiative can greatly promote education, medical research and combat climate change
Washington— President Biden described a sharp increase in federal spending on Friday, calling for domestic plans to increase by 16% as he tried to use the power granted to him by the government to reverse what officials described as the most pressing issue of sub-investment in a decade. country.
The $1.52 trillion discretionary proposal can significantly promote education, medical research, and the fight against climate change. This will be in addition to Biden’s $1.9 trillion stimulus plan and an additional plan to spend $2.3 trillion on the country’s infrastructure.
Biden’s first spending proposal to Congress shows that he believes that expanding rather than shrinking the federal government is essential to economic growth and prosperity.
It can allocate billions of dollars to reduce inequalities in housing and education, and ensure that every government agency puts climate change first.
This does not include tax proposals, economic forecasts or so-called mandatory plans, such as social security, which will be included in the official budget document that the White House will release this spring.
Although this does not reflect the cost of Biden’s infrastructure plans and other efforts he will propose for workers and their families.