Jerry Ashworth
March 25, 2024 at 08:15:55 ET
President Biden recently submitted to Congress his proposed budget recommendation for federal fiscal year (FY) 2025, which totals about $7.3 trillion, the largest in U.S. history.
This amount includes $1.67 trillion in discretionary spending (down from $1.9 trillion in Biden’s FY 2024 proposal), and defense spending would rise about $10 billion compared to Biden’s FY 2024 proposal ...
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