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Biden unveils proposed $769 billion domestic budget On Friday the Biden administration revealed the outlines of a proposed $1.52 trillion discretionary federal spending budget for the fiscal year 2022. The budget is separate from previously misnamed coronavirus “relief” bills, as well as Biden’s proposed $2.3 trillion infrastructure plan and is considered a starting point for negotiations with the Republicans. The proposed budget will likely be modified dramatically before it is actually approved and implemented by October 1, when the new fiscal year starts. On Friday, White House Press Secretary Jen Psaki said that the proposals represented the “beginning of what we know is a long journey.”

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