The Biden administration Friday released its budget for fiscal year 2022 calling for increases in spending on education, healthcare and renewable energy.
The president is proposing a $6 trillion budget for the year beginning Oct. 1, including $1.52 trillion in discretionary spending for the military and domestic programs. Excluding emergency measures last year tied to the coronavirus pandemic, the request would boost base discretionary spending by 8.4%, or $118 billion, from the $1.4 trillion authorized in fiscal 2021.
The document is a statement of the administration’s priorities, with much haggling and input from Congress to come. The budget lays out how the president’s plans for spending over the next decade on infrastructure and social programs, such as paid family leave and universal preschool, will affect federal debt and deficits.
Here is what is in the Biden administration’s budget:
Taxes