Biden: budget of 1,500 billion plus social expenses

More social and environmental spending in the first budget proposed to Congress by US President Joe Biden: a clear change compared to his predecessor Donald Trump who invested mainly in defense. Biden asks for a budget of 1,500 billion dollars for 2022 (8% more than in 2020) of which 769 billion (105.7 billion more) of investments in non-defense related departments: + 40.8% for the '' Education, + 27.7% for Commerce, + 23.1% for Health and + 16% for Agriculture. Funds for the Envinromental Protection Agency (EPA) and 19.8% for the National Science Foundation would increase by 21.3%. Military spending is also on the rise: 753 billion (+ 1.7%) while funds are being cut for the wall on the border with Mexico. 8.7 billion are proposed for the Centers for Disease Control and Prevention (CDC) and 10.7 billion for the opioid crisis. "This year's budget maneuver coincides with one of the most complicated periods in American history," writes White House budget chief Shalanda Young in the accompanying note to the budget proposal. With the sending of Biden's budget to Congress, the legislative process begins. Chambers must both pass 12 spending bills to fund the government before the start of the new fiscal year on October 1. The budget hearings will begin next week in the House's "Appropriations" committee. The road is steep and slippery. Republicans have already sounded the alarm on the high level of spending that is added to the 1.9 trillion in aid for the coronavirus and the 2.3 trillion proposal for infrastructure. The increase in defense spending, which the administration intends to use for military wages, is not welcomed by the progressive wing of the Democrats. "This moment of crisis is also a moment of possibility - notes the White House in the note on the balance sheet - united, America has the opportunity not only to restore the situation to how it was before Covid-19 and the economic slowdown but also to rebuild a better, stronger, safer and more inclusive America ".

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April 09 2021 More social and environmental spending in the first budget proposed to Congress by US President Joe Biden: a clear change compared to his predecessor Donald Trump who invested mainly in defense.

Biden asks for a budget of 1,500 billion dollars for 2022 (8% more than in 2020) of which 769 billion (105.7 billion more) of investments in non-defense related departments: + 40.8% for the '' Education, + 27.7% for Commerce, + 23.1% for Health and + 16% for Agriculture.

Funds for the Envinromental Protection Agency (EPA) and 19.8% for the National Science Foundation would increase by 21.3%.

Military spending is also on the rise: 753 billion (+ 1.7%) while funds are being cut for the wall on the border with Mexico.

8.7 billion are proposed for the Centers for Disease Control and Prevention (CDC) and 10.7 billion for the opioid crisis.

"This year's budget maneuver coincides with one of the most complicated periods in American history," writes White House budget chief Shalanda Young in the accompanying note to the budget proposal.

With the sending of Biden's budget to Congress, the legislative process begins.

Chambers must both pass 12 spending bills to fund the government before the start of the new fiscal year on October 1.

The budget hearings will begin next week in the House's "Appropriations" committee.

The road is steep and slippery.

Republicans have already sounded the alarm on the high level of spending that is added to the 1.9 trillion in aid for the coronavirus and the 2.3 trillion proposal for infrastructure.

The increase in defense spending, which the administration intends to use for military wages, is not welcomed by the progressive wing of the Democrats. "This moment of crisis is also a moment of possibility - notes the White House in the note on the balance sheet - united, America has the opportunity not only to restore the situation to how it was before Covid-19 and the economic slowdown but also to rebuild a better, stronger, safer and more inclusive America ".

Biden: budget of 1,500 billion plus social expenses

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