Biden’s $6 Trillion Budget Plan is Even More Expensive Than it Looks

The White House chose not to include cost estimates for a number of big-ticket health care policies—while still expressing support for them.

by Peter Suderman
Reason.com

There is little debate about what President Joe Biden’s recent budget proposal represents. The headline figures speak for themselves: $6 trillion in federal spending this year, rising to more than $8 trillion in a decade, with deficits totaling at least $1.3 trillion every year in the process. It’s a budget plan that The New York Times—in a news article, not an opinion piece—recently described as a call for “a permanent increase in the size of the federal footprint on the U.S. economy” and “an attempt to expand the size and scope of federal engagement in Americans’ daily lives.”

Biden’s budget plan is a proposal, not a law, and it has not been passed by Congress. But it is a vision of America’s fiscal future in which a substantially expanded federal government is at the center of much of everyday life. And if anything, its vision is actually more expansive than the headline figures represent.

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