The White House is requesting $886.4 billion in discretionary funding for national security in fiscal 2024, with $842 billion from that pot bound for Department of Defense coffers — a 3.2 percent increase over the FY23 enacted level.
The administration unveiled its budgetary roadmap today just hours before President Joe Biden was scheduled to touchdown in Philadelphia, Pa., to discuss plans to cut the deficit and fund the federal government next year.…
Breaking Defense
also at Breaking Defense
Meanwhile the White House budget proposal for FY 2024 includes tax increases to “reduce the deficit” and “shore up Medicare.”
ReplyDeleteThe US government creates its spending money out of thin air, and therefore has no need for tax revenue. However Biden's tax increases are a matter of diversity, equity, and inclusion or…something.
The USA is a joke.
USA's Modern Monetary Military is also a joke.
ReplyDelete