Category: FY2023

Biden’s $5.8 Trillion Proposed Spending Plan Calls on Congress to Fill in the Blanks

March 29, 2022
biden administrationBiden administration's climate agendaBiden infrastructure packagebudget deficitBuild Back BetterDefense spendingdeficit spendingeconomyFY2023inflationinfrastructureNational SecurityPolicies & ImpactsPoliticsSocial IssuesUnited States federal budgetUSUS News
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President Joe Biden’s proposed United States’ federal $5.8 trillion Fiscal Year 2023 budget increases overall domestic spending by 7 percent, boosts military allocations by 10 percent and includes a raft of new tax levies for high-income earning individuals while raising the corporate income tax from 21 percent to 28 percent. The 149-page proposed budget introduced…

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Pentagon Plans to Retire Dozens of F-22 Fighter Jets: Report

March 29, 2022
Air ForceF-22F-22 jetsF-22 RaptorFY2023National SecurityPentagonUSUS News
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The Pentagon could retire 33 of the service’s oldest F-22 fighter jets in fiscal 2023 as part of a move to fund research for more advanced combat jet designs, according to reports. The service’s $773 billion budget for the upcoming fiscal year details that the Air Force would scrap more than 150 aircraft including 33…

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