President Joe Biden has released a $6 trillion budget request that stitches his most ambitious spending plans into one massive proposal, pitching historic investments in highways, child care and climate change.
Assuming a federal budget gap of more than $1 trillion for the next decade, the long-delayed document focuses on lifting the middle class, expanding the social safety net and boosting American competitiveness across the globe. It combines Biden’s $2.3 trillion infrastructure plan, his $1.8 trillion families proposal and $1.5 trillion in discretionary spending to fund federal agencies for the upcoming fiscal year.
“Put together, this budget is an agenda for robust, durable economic growth and broadly shared prosperity,” said Shalanda Young, Biden’s acting White House budget director. “It will deliver a strong economy now and for decades into the future.”