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Biden White House

Biden Expected to Propose $6 Trillion Budget

President’s first fiscal plan would boost spending on infrastructure, education, healthcare and social services

By Kate Davidson and Kristina Peterson

Wall Street Journal

WASHINGTON—President Biden is expected to propose a $6 trillion budget on Friday that would lay the foundation for his plans to modernize the nation’s infrastructure and expand the government’s role in providing healthcare, education and other social services, according to people familiar with the plans.

The Biden administration’s first budget, for the fiscal year beginning Oct. 1, would put the nation on a path to spend $8.2 trillion annually by the end of 2031, the people said. Under the plan, debt would exceed the record level seen at the end of…

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