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Biden to Present Draft 2024 Budget Thursday

Sputnik International

US President Joe Biden will present the draft budget for next year on Thursday, the White House informs.

2023-03-06T03:36+0000

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Biden will unveil his budget proposal for fiscal year 2024 during a visit to Philadelphia, Pennsylvania, on March 9, the White House said on Sunday. The US president will deliver a speech revealing plans to "invest in America, continue to lower costs for families, protect and strengthen Social Security and Medicare, reduce the deficit, and more," the White House said. According to US media reports, the draft budget proposal to the US Congress is unlikely to be enacted as is, since the Republicans control the US House of Representatives.

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Biden to Present Draft 2024 Budget Thursday

03:36 GMT 06.03.2023

© AFP 2023 / ANDREW CABALLERO-REYNOLDSUS President Joe Biden, with Secretary of State Antony Blinken (L) and Defense Secretary Lloyd Austin, speaks about the continued support of Ukraine in its fight against Russia, January 25, 2023.

US President Joe Biden, with Secretary of State Antony Blinken (L) and Defense Secretary Lloyd Austin, speaks about the continued support of Ukraine in its fight against Russia, January 25, 2023. - Sputnik International, 1920, 06.03.2023

WASHINGTON (Sputnik) - US President Joe Biden will present the draft budget for next year on Thursday, the White House informs.

Biden will unveil his budget proposal for fiscal year 2024 during a visit to Philadelphia, Pennsylvania, on March 9, the White House said on Sunday.

The US president will deliver a speech revealing plans to "invest in America, continue to lower costs for families, protect and strengthen Social Security and Medicare, reduce the deficit, and more," the White House said.

According to US media reports, the draft budget proposal to the US Congress is unlikely to be enacted as is, since the Republicans control the US House of Representatives.