How should we understand Biden’s $6-trillion budget for fiscal year 2022?

CGTN published this video item, entitled “How should we understand Biden’s $6-trillion budget for fiscal year 2022?” – below is their description.

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U.S. President Joe Biden has announced his first annual budget, a $6-trillion spending plan for fiscal year 2022, which will bring the U.S. federal expenditure to the highest level since World War II. It’s estimated the deficit could exceed $1.3 trillion in the next decade. But will Biden’s proposal be implemented smoothly? Who will pay for the deficit? And what impact will his plans have on the China-U.S. relationship?

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In This Story: Joe Biden

Joe Biden is an American politician serving as the 46th and current president of the United States. A member of the Democratic Party, he served as the 47th vice president from 2009 to 2017 under Barack Obama and represented Delaware in the United States Senate from 1973 to 2009.

He is married to Dr Jill Biden.

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