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This week’s R&D from Prepd covers President Biden’s latest budget proposal. Earlier this week the Biden administration released its yearly budget request, a package totaling $5.8 trillion. The package proposes increases in domestic spending by 7% and defense spending by 10%. It was met with anger by more progressive Democrats, upset by the growth in defense spending, police spending, and the lack of funding for school lunch programs for all students. Analysts argue that the budget proposal shows a pivot to the center by the President, who has seen more ambitious proposals such as Build Back Better fall apart in Congress.
The Biden administration’s defense budget request reveals a flawed strategy, @KoriSchake writes:https://t.co/HMJDpCW91C
— The Atlantic (@TheAtlantic) March 29, 2022
Opinion by E.J. Dionne Jr.: Biden’s budget reflects the challenges Democrats face https://t.co/mHLnEC5mh8
— The Washington Post (@washingtonpost) March 31, 2022
Biden’s huge new defense budget has almost nothing to do with countering the threat from Russia. https://t.co/kzM9AM6cON
— Slate (@Slate) March 31, 2022
President Biden leaned toward the political center with a budget that addressed the main attack lines that Republicans are using against him in the run-up to the midterm congressional elections. https://t.co/VYDc3AOXMd
— NYT Politics (@nytpolitics) March 30, 2022
President Biden’s 2023 budget proposal would alter how companies are taxed across borders—plus make changes to carried interest, executive compensation and trusts https://t.co/0kNUvmAcHD
— The Wall Street Journal (@WSJ) March 29, 2022
President Biden’s proposed budget would give a big boost to the global climate fight by injecting more than $11 billion into efforts to help other countries address global warming. https://t.co/kPu4w2EYxx
— Scientific American (@sciam) March 31, 2022
“[T]he Biden team may be trying to woo West Virginia Sen. Joe Manchin (D) with more moderate budget proposals in the hope that he can be persuaded to support other administration priorities …” @DamonLinker says, “but there’s no guarantee” it’ll work. https://t.co/LPP19hXTma
— The Week (@TheWeek) March 30, 2022
Even before the House Budget Committee opened hearings on it, the Senate’s top GOP appropriator was throwing cold water on Biden’s proposed 4 percent increase for Pentagon and other defense-related accounts. https://t.co/U7VLdKITVy
— Roll Call (@rollcall) March 30, 2022
Administrations normally detail their biggest policy dreams in their annual budgets. But the Biden administration declined to include key provisions of the bill known as Build Back in its annual budget proposal that was released on Monday. https://t.co/ZlcutgPOUD
— NYT Politics (@nytpolitics) March 29, 2022
5 Big Problems With Biden’s Big-Government Budget https://t.co/5FpDosx0FD pic.twitter.com/DRnjJ2HOG4
— Heritage Foundation (@Heritage) March 31, 2022