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Biden unveils highest-spending U.S. budget for 2022 since WWII

Source : 112 Ukraine

$ 2.3 trillion of budget funds are planned to be invested in the implementation of employment plan
21:30, 29 May 2021

U.S. President Joe Biden
Reuters

US President Joe Biden has proposed to Congress a budget for 2022 with a record spending of $ 6 trillion. The document was made public on the White House website.

“A severe economic crisis destroyed 22 million jobs in just 2 months in the spring of 2020 and changed the lives of millions more ... Thanks to the American rescue plan, we responded to the emergency ... In fact, this is the largest investment in childcare in the United States since World War II. It delivers food and nutrition to millions of Americans suffering from hunger. It provides rental assistance to keep people from being evicted from their homes. It helps small businesses and restaurants to stay open or reopen. It makes health care more affordable. It supports the restoration of state and local governments. And this is helping us to halve child poverty this year," reads the foreword to the document.

As follows from the draft federal budget for the 2022 fiscal year, $ 1.8 trillion should be allocated to support American families. It is planned to invest $ 2.3 trillion of budget funds in the implementation of the American employment plan. $ 1.5 trillion could be used on discretionary spending.

Related: Belarus suspended of European Broadcasting Union membership

If Congress approves this country's financial plan, it will be the highest level of government spending in the United States since World War II, notes The New York Times.

On January 1, 2021, the US Senate overcame the veto of President Donald Trump on the draft defense budget for 2021 in the amount of $ 740 billion.

In addition, in April, a US Senate committee supported a bill on a security partnership with Ukraine. The bill, in particular, provides for an increase in the annual US military aid to Ukraine.

Related: Meeting of Belarus and Russia presidents: Lukashenko complains on pressure from the West

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