The Roosevelt Group reports: “On Monday, March 28, President Biden released his Budget Request for fiscal year 2023. The request reflects an administration juggling multiple far-reaching challenges: the ongoing COVID pandemic, the Russian invasion of Ukraine, and the failure to pass the Build Back Better Act in addition to domestic debates surrounding government spending. As a result, the initiatives highlighted are a combination of established Biden Administration priorities and new spending meant to address today’s global dynamic. The increase in defense spending is paired with requests to increase funding of domestic programs consistent with President Biden’s established agenda.”
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