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President Biden Releases $5.8 Trillion Budget Proposal

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The $5.8 trillion proposal, a wish list of administration priorities, aims to reduce America’s growing deficit over the next ten years while raising military spending and aiding domestic programs. By Stacy M. Brown NNPA Newswire Senior National Correspondent @StacyBrownMedia On Monday, March 28, President Joe Biden released his 2023 budget proposal that includes significant tax hikes on the wealthy. The $5.8 trillion proposal, a wish list of administration priorities, aims to reduce America’s growing deficit over the next ten years while raising military spending and aiding domestic programs. The President believes the plan would reduce by $1 trillion America’s fiscal

Source: DW – Culture. Current.

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