Biden to Propose $6 Trillion Budget to Make U.S. More Competitive
The president’s plans to invest in infrastructure, education, health care and more would push federal spending to its highest sustained levels since World War II.
WASHINGTON — President Biden will propose a $6 trillion budget on Friday that would take the United States to its highest sustained levels of federal spending since World War II, while running deficits above $1.3 trillion throughout the next decade.
Documents obtained by The New York Times show that Mr. Biden’s first budget request as president calls for the federal government to spend $6 trillion...