Article 5JCR8 Biden proposes $6tn budget to boost infrastructure, education and climate

Biden proposes $6tn budget to boost infrastructure, education and climate

by
Dominic Rushe in New York
from on (#5JCR8)

President lays out plans to drive government spending to its highest sustained levels since the second world war

Joe Biden set out a $6tn budget proposal on Friday that, if passed, would fund a sweeping overhaul of US infrastructure and pour money into education and climate action, while driving government spending to its highest sustained levels since the second world war.

The president's first budget is largely a political document, and faces months of difficult negotiations in Congress where Republicans are already balking at the scale of his spending plans. But it clearly sets out Biden's ambition to remake the US after the coronavirus pandemic.

Related: Joe Biden orders US intelligence to intensify efforts to study Covid's origins

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/business/economics/rss
Feed Title
Feed Link http://feeds.theguardian.com/
Reply 0 comments