Biden Plans to Release Initial 2022 U.S. Budget Outline Friday
- Plans are for discretionary, defense spending for fiscal year
- The 2022 budget will be first in decade without spending caps
This article is for subscribers only.
President Joe Biden will release his preliminary spending requests for 2022 on Friday, the White House said, the first step before Congress negotiates the government’s budget for the fiscal year starting in October.
The document is expected to outline Biden’s requests for discretionary spending levels across government departments and agencies. His first full budget proposal, including tax, entitlements and debt figures, is expected later in the year.