New US budget stands at 6 trillion

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World Affairs

5/27/2021


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While the markets and the fed are Talking about taper, consider the budget increase to $6T pushing federal spending to its highest levels in the US since World War II Treasury Secretary Janet Yellen is asking lawmakers for an increase over 10% for discretionary budget to run her agency and improve tax collection after Trump-era cuts while over 1 trillion is sent in aid to the state and local governments .

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