Monday, April 4, 2022

Biden’s Big Government Centrism

President Biden’s 5.8 trillion dollars fiscal year 2023 budget increases “discretionary” spending to 1.6 trillion dollars. The remaining 4.2 trillion dollars of spending consists of “mandatory” spending, including on Social Security, Medicare, and interest on the national debt. The discretionary spending is divided between 813 billion dollars for “defense” and 769 billion dollars for the rest. Since Biden’s budget increases military spending and does not call for major new government programs,...

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from Biden’s Big Government Centrism