May 28, 2021

U.S. President Joe Biden is set to release a $6 trillion spending proposal for the 2022 fiscal year on Friday, as he seeks to push his priorities of investing in infrastructure, childcare and other public works in a national rebuilding effort. 

The spending proposal, which is the first full budget since Biden took office in January, is composed mostly of plans he has already announced, including his $1.9 trillion American Rescue Plan, $2.3 trillion American Jobs Plan and $1.8 trillion American Families Plan. 

The proposal will put the nation on track for its highest sustained level of spending since World War Two. It will rise to $8.2 trillion by 2031. 

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