China News Service, March 29 (Xinhua) According to a comprehensive report, US President Biden submitted a budget plan for fiscal year 2023 of about 5.8 trillion US dollars to Congress on the 28th, including further aid to Ukraine, increasing taxes on billionaires and companies, and lowering the government. deficit, etc.
Biden also called for increased defense spending to strengthen the U.S. military.
Data map: US President Biden.
According to reports, Biden told reporters at the White House: "The budget plan released today sends a clear message to the American people that we value, first, fiscal responsibility; second, safety and security; third, building a better required investment in the United States.”
Biden also said he called for increased defense spending to strengthen the U.S. military and a strong response to Russia's military operations in Ukraine, where the U.S. will provide additional support for Ukraine's economic, humanitarian and security needs.
The Wall Street Journal noted that the Biden administration is seeking about $813 billion in defense-related spending for fiscal 2023, an increase of about 4 percent from $782 billion in the current fiscal year.
The proposal also calls for $682 million in funding to Ukraine to counter Russia and safeguard Ukraine's security and economic interests.