President Joe Biden administration’s newly proposed $5.8 trillion federal budget includes massive spending increases for the Department of Education to promote “racial” diversity.
The new education allocations for fiscal year 2023 include “$100 million for a new Fostering Diverse Schools program” which will use grants to help communities “develop and implement strategies that will build more racially and socioeconomically diverse schools and classrooms, ” according to the Department of Education’s (DOE) budget summary.
House Majority Leader Steny Hoyer told reporters on Tuesday that House leadership plans to hold a vote on final passage of President Biden’s $2 trillion Build Back Better Act by Friday at the latest.
Biden’s social spending bill contains new federal benefit programs and about $550 billion for climate change initiatives.
“I expect to consider most of the debate, perhaps not all, but most of the debate on Build Back Better on Tuesday, excuse me, on Wednesday, today’s Tuesday, on Wednesday, tomorrow,” Hoyer said during a news conference.
The federal budget deficit grew a whopping 400% in one year as the pandemic caused spending to skyrocket, the Congressional Budget Office said in a report Tuesday.
The estimated January federal budget deficit was $165 billion, $132 billion more than the deficit in January 2020, according to a Congressional Budget Office (CBO) report released Tuesday. The federal budget in the first four months of fiscal year 2021, which started in October, was $738 billion, an 89% jump compared to the same period last year.
Sixth District Congresswoman Diane Black (R-TN), who was recently elevated to the position of House Budget Chair and who is widely rumored to be preparing for a Gubernatorial bid in 2018, is on the receiving end of criticism for her role in the Continuing Resolution that will keep the…