📈了。Joe Biden will propose a $6 trillion budget for the 2022 fiscal year on Friday that would take federal spending to its highest sustained levels since World War II, while running deficits above $1.3 trillion for a decade, the NYT reported. The president's first budget request calls for total outlays to rise to $8.2 trillion by 2031 as part of his agenda to upgrade U.S. infrastructure, while the federal debt would rise to 117% of GDP. The plan is largely aspirational, given narrow Democratic majorities in the House and Senate and wholesale opposition among Republicans.