White House Releases Proposed Budget for FY 2023, 4.6% Pay Raise for Federal Employees
President Biden has announced a $5.8 trillion budget proposal for fiscal year (FY) 2023 that aims to give every Cabinet department a budget increase.
President’s Budget Calls for Pay Raise, Workforce Investment
The White House released President Joe Biden’s full fiscal year 2022 budget on Friday. The budget proposal includes a pay raise for federal employees and pledges to focus on strengthening the workforce.
An Overview of President Biden’s Budget Proposal
President Joe Biden recently released a $6 trillion budget proposal for fiscal year 2022. The budget proposal would raise total spending to $8.2 trillion by 2031. Non-defense discretionary spending would be increased by 16 percent, while defense spending would increase by 1.7 percent.