Biden pitches $6 trillion budget to ‘reimagine’ US economy

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Washington (AFP) – President Joe Biden on Friday proposed a $6 trillion budget to “reimagine” the US economy and stave off Chinese competition, though driving the United States into record debt — and with Congress first needing to give approval. Announcing the proposed spending, Biden said a post-pandemic United States “cannot afford to simply return to the way things were before.” “We must seize the moment to reimagine and rebuild a new American economy,” he said. The president’s annual budget is more a wish list or a message on his priorities than anything else. Congress ultimately decides …

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