Biden's fiscal year 2023 budget proposal includes increased funding for security — both domestically and internationally — and reduces the deficit, the White House says, but officials admit inflation could continue to cause problems for the overall economy
As Russia's invasion of Ukraine continues, the proposed budget includes $6.9 billion for the European Deterrence Initiative and the North Atlantic Treaty Organization and"countering Russian aggression to support Ukraine." Young said the proposal makes"one of the largest investments in national security in US history, strengthening our military and leveraging our renewed strength at home to meet pressing global challenges."The proposal calls for $3.
" He also touted the deficit reduction as a"the direct result of my Administration's strategy to get the pandemic under control and grow the economy from the bottom up and the middle out.""At the same time, my budget will make investments in securing our nation and building a better America," Biden wrote.
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