Market Updates
Proposed U.S. Budget Seeks Lower Federal Deficit
Brian Turner
28 Mar, 2022
New York City
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The largest military budget in the world is likely to get even larger according to the latest budget proposal from the U.S. president. Of the $5.8 trillion budget proposed by President Biden, $795 billion is for military spending, higher than $770 billion in 2022, and $915 billion for domestic programs with the remainder for mandatory spending.
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