Biden Aims to Boost Military and Social Spending in 2023 Budget
WASHINGTON — President Biden’s fiscal 2023 budget will call for additional military spending in the face of Russian aggression toward Ukraine, domestic funding for child care and police departments along with new taxes on the wealthiest Americans.
The proposal, which will be released on Monday, could be the last salvo of Mr. Biden’s legislative agenda, as Democrats face the prospect of losing control of Congress in what are expected to be bruising midterm elections.
Mr. Biden plans to ask Congress to help his administration tackle some of the biggest concerns facing voters, including soaring inflation that has dented consumer confidence and is contributing to an overall sense of economic malaise. A senior administration official said that the president’s budget would propose policies “that will reduce energy, health care, child care and other costs for families,” though it is unclear exactly what the White House will propose.
The budget will also seek additional funding to help combat the international crisis created by Russia’s invasion of Ukraine, which threatens to slow the global economy.
https://www.msn.com/en-us/news/politics/biden-aims-to-boost-military-and-social-spending-in-2023-budget/ar-AAVzXZ6
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