Four takeaways from Biden’s $7.3 trillion budget request that highlight his 2024 priorities

Published March 12, 2024 6:23am ET



President Joe Biden submitted his budget request for fiscal 2025 on Monday, positioning it as a clear foil to proposals outlined by former President Donald Trump and his Republican allies.

Biden’s budget totals $7.3 trillion, up 4.7% compared to the current budget, and would boost defense funding and discretionary spending by 1% and 2.4%, respectively. White House officials were quick to point out that their requested funding levels comply with the Fiscal Responsibility Act, the budget cap reached by the president and former House Speaker Kevin McCarthy last summer.

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