CGTN published this video item, entitled “How should we understand Biden’s $6-trillion budget for fiscal year 2022?” – below is their description.
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?CGTN YouTube Channel
Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.