Mr. Biden inherited record pandemic-stoked spending and won a major victory on COVID-19 relief earlier this year. Acting White House budget chief Shalanda Young said the Biden plan “does exactly what the president told the country he would do. Like all presidential budgets, Mr. Biden’s plan is simply a proposal. Some Democrats are already balking at Mr. Biden’s full menu of tax increases, imperiling his ability to pay for his ambitious social spending. The Biden plan comes as the White House is seeking an agreement with Senate Republicans over infrastructure spending.

Source: The Hindu May 28, 2021 22:40 UTC