Biden Unveils $6.9 Trillion Budget Proposal

The video discusses a newly released $6.9 trillion budget proposal, highlighting its alignment with the 'Build Back Better' plan. Key features include increased discretionary and defense spending, significant tax hikes on billionaires, capital gains, and corporations, and the elimination of certain tax breaks. The budget aims to reverse the 2017 Trump tax cuts and proposes cuts to fossil fuel incentives. However, it is projected to add $17 trillion to the deficit over a decade.

What is the significance of the proposed increase in non-defense spending?

What impact would the proposed budget have on the deficit over a decade?