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It is ambitious and historic in its price tag of $6 trillion.
President Biden's first budget proposal looks to transform the economy, from transportation to education, all the while confronting climate change.
Our Yamiche Alcindor joins me now with more on this blueprint of priorities.
So, hello, Yamiche. Tell us what, more do we know about this proposed budget document that the president is expected to unveil tomorrow?
That's right. Well, President Biden is expected to unveil a $6 trillion budget.
And if passed in its form currently, it would be the highest federal sustained spending since World War II.
Now, the White House says it's a big budget because we have big problems and big challenges ahead.
I want to walk you through what is in this budget, based on what we have been talking -- what White House sources have been telling us all day.
There's $8 trillion in total spending by 2031. There's $6 trillion in spending for fiscal year 2022. There's $1.52 trillion in discretionary spending.
Now, that's things like education, housing, public health and climate change.
And then there's $1 trillion in deficits for at least the next decade. Now, White House Press Secretary Jen Psaki was out today.
She said the budget that we will see more details on tomorrow, it reflects the priorities of President Biden,
and that is about creating jobs and doing the types of things that he's been talking about, which include having generational investments in Americans.
And, Yamiche, what is the White House saying about why so much money is needed at this point? And what's the expectation in terms of Republicans' willingness to support even a part of this?
耗资6万亿美元真的是雄心勃勃,具有历史性意义。
拜登总统的第一份预算提案着眼于从交通运输到教育等方方面面的经济转型,同时还要应对气候变化。
下面由亚米什・阿森多和我们一起讨论这一优先级蓝图。
你好,亚米什,关于总统明天将要公布的预算提案,我们还知道什么?
是的。嗯,拜登总统预计将公布一项6万亿美元的预算。
如果以目前的形式通过的话,那么这将是二战以来联邦的最高持续支出。
现在,白宫表示这是一个巨大的预算,因为我们前方面临的是大的问题和大的挑战。
我来给大家说明一下这个预算是什么,基于我们一直在讨论的――白宫今天一天所透露出来的消息:
到2031年总开支将达到8万亿美元,2022财政年度的支出为6万亿美元,可支配支出有1.52万亿美元。
目前主要针对教育、住房、公共卫生和气候变化。
未来十年至少会有1万亿美元的赤字。白宫新闻秘书珍・帕莎其今天外出了。
她说明天会出来更多关于预算的细节,这项预算反映出了拜登总统的优先事项,
即创造就业机会,做他一直在说的事情,其中包括对美国人的世代投资。
那么,亚米什,关于“为什么需要这么多资金”白宫是怎么说的呢?共和党人是否愿意支持其中的一部分呢?
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