Connect with us

Hi, what are you looking for?

Fiscal OpulenceFiscal Opulence

Business

House GOP exposes ‘woke’ items in Biden’s $7.3 trillion budget

House Republicans are furious over ‘woke’ programs President Biden wants to fund in his $7.3 trillion budget request.

Biden released his 188-page proposal to fund the federal government on Monday. It lays out roughly $5 trillion in tax increases overall, which the White House said would be split evenly between corporations and the top 2% of earners.

A new memo by House Budget Committee Chairman Jodey Arrington, R-Texas, highlighted billions aimed at green energy initiatives and equity programs.

Meanwhile, the U.S. national debt is currently just under $34.5 trillion and the federal budget deficit is $531 billion, according to the latest data.

The document pointed to $3 billion for the State Department to ‘advance gender equity and equality worldwide,’ as well as $1.5 billion for the Transportation Security Administration’s ‘pay equity initiative.’

It also mentioned $11 billion that Biden wants for the Department of Interior to ‘preserve the stories of the cultures and history across America.’

On climate change, Biden is seeking $8 billion for his American Climate Corps, aimed at hiring 50,000 new staffers by 2031 to ‘mobilize a new, diverse generation of… climate resilience workers,’ according to Arrington’s memo.

The Texas Republican also flagged $10.6 billion that Biden wants for the Department of Energy to bolster ‘climate and clean energy research, development, demonstration and deployment programs’ – a 12% increase from the previous year.

Biden is also seeking $1.5 billion for the Environmental Protection Agency’s Office of Environmental Justice and External Civil Rights’ ‘environmental justice efforts,’ as well as $500 million for the Green Climate Fund to ‘expand climate adaptation and mitigation projects in developing countries,’ the memo said.

The president also requested $90 billion to expand access to free community college, even after pushback from both the House and Senate on his efforts to broadly forgive student debt.

‘Budgets are more than just numbers on a spreadsheet – they are a set of values and principles – and based on his FY25 budget, it is clear President Biden values a bigger, more radical, and more powerful federal government over the freedom, safety and economic security of his fellow Americans,’ Arrington told Fox News Digital.

The budget is largely symbolic and has virtually no chance of passing the Republican-controlled House. 

However, it is a significant part of the president’s pitch to voters as he seeks to win another term in November.

Fox News Digital reached out to the White House for comment on Arrington’s memo.

This post appeared first on FOX NEWS
Enter Your Information Below To Receive Trading Ideas and Latest News






    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Stock

    SPX Monitoring Purposes: Long SPX 6/21/23 at 4365.69. Long SPX on 2/6/23 at 4110.98: Sold 6/16/23 at 4409.59 = gain of 7.26%. Monitoring Purposes...

    Business

    Fitch downgraded its credit rating for the U.S. government, from AAA to AA+, two months after the debt-ceiling crisis was resolved. “In Fitch’s view,...

    World News

    The 2012 Republican presidential nominating contest was a race unlike any other. For a time it seemed as if virtually everyone got a stint...

    Business

    YouTube star Jimmy Donaldson, known to his 172 million subscribers as MrBeast, filed a lawsuit on Monday against his food delivery service partner, Virtual...