Biden Budget Proposes $6 Trillion Annual Spending as Inflation Soars to 29-Year High
President Joe Biden released his budget Friday, proposing $6.01 trillion in annual spending even as the economy is going through record inflation.

President Joe Biden released his budget Friday, proposing $6.01 trillion in annual spending even as the economy is going through record inflation.

President Biden’s blockbuster $6 trillion budget assumes that his proposed capital-gains tax hike took effect in April, according to the Wall Street Journal.

The $8.2 trillion number dwarfs Trump’s proposed $4.094 trillion budget for 2018.

SF Mayor London Breed announced on Wednesday that $3.75 million will be diverted from law enforcement budgets to black organizations.

In a joint statement, several Republican Senators blasted President Joe Biden’s defense budget, calling it “disappointing,” and saying, “talk is cheap, but defending our country is not.”

Biden’s budget requests a 16 percent increase in domestic spending from 2021, including a 41 percent increase for the Department of Education, a 28 percent increase for the Department of Commerce, and a 23.5 percent increase for the Department of Health and Human Services.

Previous administrations have released some sort of budget, or at least a blueprint or outline of one, by the end of February.

The city of San Francisco will use a $125 million budget surplus to fund “cultural equity” in the arts and help “undocumented families.”

Reform UK leader Richard Tice has criticised the ruling Conservatives for becoming the party of “high tax, high regulation, and low growth”, dubbing them the “Con-Socialists”.

Britain has suffered its biggest economic collapse in over three hundred years — since the Great Frost of 1709 when the Thames froze over.

Despite election promises, the UK Conservative party has increased taxes more often than it cut them in its near-11 years of rule.

Opposition to Biden’s nomination of Neera Tanden to head the OMB is growing because of her record of supporting far left-wing policies.

In its latest forecast, the Congressional Budget Office increased the projected 2021 budget deficit to nearly $2.3 trillion.

House Republicans are pressing President Joe Biden to identify funds Congress has designated for coronavirus relief over the last year that have not yet been spent, and use those before piling on with additional government spending.

During an interview aired on Thursday’s broadcast of CBS’ “Late Show,” incoming Senate Budget Committee Chairman Bernie Sanders (I-VT) stated that Congress will likely have to tackle long-term issues like climate change and guaranteeing health care for all in the

The State of California has so much cash, thanks to a revenue surplus, that it may be required to return some to taxpayers, according to a new budget proposal from Gov. Gavin Newsom for 2021.

The Minneapolis City Council acted early Thursday morning to cut millions from the city’s police budget, redirecting the funds to mental health and anti-violence programs.

The new Swedish 2021 budget has been revealed, with the government looking to spend more on foreign aid than on the country’s police force despite violent gang crime remaining a problem.

Fact check -CLAIM: Joe Biden claims that it’s President Donald Trump who wants to “defund the police.” VERDICT: FALSE.

Michigan Gov. Gretchen Whitmer issued Executive Order 2020-155 on Wednesday, which cut $115.07 million from the Michigan State Police budget.

The Berkely City Council voted for radical changes in policing, including a 50 percent budget cut and ending police traffic stops.

Former Vice President Joe Biden is proposing that the federal government spend $7 trillion in new outlays — three times what former Secretary of State Hillary Clinton proposed in new spending in her unsuccessful bid for president in 2016.

Democrat New York Gov. Andrew Cuomo said Monday that New York had spent decades “bailing out” other states without getting anything in return, as he pleaded for more federal government relief to state and local governments during the coronavirus pandemic.

The Green New Tories have revealed that they will tax “pollution” which will result in an increase in the levy paid on gas, the introduction of a plastic packaging tax, and a multi-billion pound spending spree on projects to make

To the surprise of absolutely no one, Boris has unleashed a budget so profligate it would make a drunken sailor on shore leave blush.

Chancellor of the Exchequer Rishi Sunak has presented his budget which he says delivers on the Tories’ pledge to cut taxes for working Britons by increasing the income tax threshold, abolishing the Tampon Tax and Reading Tax, and freezing duty on fuel and alcohol.

The UK govt will attempt to mitigate the economic, social, and business impacts of the coronavirus outbreak with tax cuts and new spending.

Dozens of MPs warned the Chancellor of the Exchequer that ending the freeze on petrol duty because of the country’s environmental commitments will hurt the working-class voters who put the Conservatives into government.

During Friday’s Democratic Weekly Address, House Budget Committee Chairman John Yarmuth (D-KY) stated that President Trump’s budget makes it clear that “Trump and his Republican allies in Congress don’t care about you and your family.” Transcript as Follows: “Hi, I’m
A second day of negotiating over the post-Brexit EU budget is looking to end again in deadlock with member-states split between the “Frugals”, who want less spending; the poorer, mostly former Soviet satellite states who want more money; and the European Parliament which wants the budget period increased to a massive €1.32 trillion to help turn the EU carbon neutral.

During Friday’s Democratic Weekly Address, Sen. Debbie Stabenow (D-MI) criticized President Trump’s budget proposal and stated that it “betrays American families and our seniors.” Transcript as Follows: “Hi, I’m Senator Debbie Stabenow, and I am proud to represent the great
Sen. Joni Ernst (R-IA) unveiled her new legislation to make government more transparent and slash wasteful spending exclusively on Breitbart News Daily.

President Donald Trump’s 2021 budget request shifts science funding towards his pro-growth priorities and cuts funding for the projects favored by the science establishment.

The Trump administration’s 2021 defense budget request proposes a 3% military pay raise, just slightly below the 3.1 percent in 2020.

The Trump administration’s budget would cut government agency spending and curb access to welfare programs.

As Americans usher in 2020, millions say they are making a New Year’s resolution to improve their finances.

A love for international travel by members of the British Royal Family has placed huge pressure on taxpayer-funded police budgets.

Sen. Steve Daines (R-MT) told Breitbart News in an exclusive statement Thursday that he will introduce “common sense” legislation to better project the cost of federal budgeting by including the interest cost of government spending.

The House passed a two-year budget agreement that would raise spending by roughly $320 billion and suspend the debt ceiling until 2021.

The House Freedom Caucus announced Tuesday night that they oppose the budget agreement to lift the spending caps, chiding the agreement as “unsustainable.”
