Biden Govt. to propose $6 trillion budget for FY2021-22

• On Thursday, the New York Times reported that the US government led by Joe Biden will be unveiling the budget worth $6 trillion for the Financial Year 2021-22.

• On Friday, the Biden government is likely to unveil its first budget.

• As per the statistics, the budget is going to rise to $8.2 trillion by 2030.