Biden to present draft 2024 budget Thursday

Joe Biden, US President

© APA | Joe Biden, US President

# 06 March 2023 08:05 (UTC +04:00)

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, APA reports citing Sputnik.

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.