The largest since World War II in terms of spending... United States President Joe Biden is due to submit the country's draft budget for the next fiscal year 2022,

According to US media, the budget is estimated at $6 trillion, and includes significant spending items for infrastructure development, education, health care and combating climate change.

Documents showed that the budget request called for overall expenditure to increase to $8.2 trillion by 2031, amidst expectations that the deficit would exceed the $1.3 trillion level in the next decade.

Spending increases are driven by Biden's agenda, which includes modernizing U.S. infrastructure, significantly expanding the social security network, creating millions of jobs and a plan to help American families.

According to the budget proposal, the U.S. President seeks to support more middle - class Americans and raise American industry to better compete globally.

Biden plans to partially finance increased spending through higher corporate and income taxes, and according to U.S. administration officials, job and household plans will be fully offset by 15-year tax increases.

Although Biden's plan includes additional tax revenues, the United States will face a large deficit, with a budget deficit of $1.8 trillion in 2022, even after the U.S. economy recovered from the recession from the Corona pandemic.