A Look at What's Inside Biden's $6 Trillion Budget Request
President Biden’s first budget request maps out a vision of an expansive federal government in the years to come, with increased spending in areas like infrastructure, education and climate change.
The $6 trillion plan for the 2022 fiscal year, released on Friday, provides a detailed accounting of Mr. Biden’s economic agenda. It includes two marquee proposals that he has put before Congress: the American Jobs Plan, which calls for new spending on the nation’s infrastructure, and the American Families Plan, which addresses issues like child care, universal prekindergarten and paid family and medical leave.
As part of those plans, President Biden is seeking to increase taxes on corporations and high earners. The president’s tax proposals are detailed in the budget request as well.
The budget expands on a proposal that President Biden released in April covering discretionary spending, which sketched out his desire to inject funds across domestic agencies, a sharp reversal from President Donald J. Trump’s spending policies.
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