Nation: Biden releases budget plan.

WASHINGTON >> President Joe Biden on Friday unveiled a $6 trillion budget for next year that’s piled high with new safety net programs for the poor and middle class, but his generosity depends on taxing corporations and the wealthy to keep the nation’s spiking debt from spiraling totally out of control.

Biden has already described, in general terms, major plans on infrastructure and he won a major victory on COVID-19 relief earlier this year. But Friday’s rollout tallies up the costs and incorporates them into the government’s existing budget framework, including Social Security and Medicare, to provide a fuller view of the administration’s fiscal posture.

The whopping deficit projections reflect a government with steadily accumulating debt that has topped $28 trillion after well over $5 trillion in already approved COVID-19 relief, which would require the government to borrow roughly 50 cents of every dollar it spends this year and next. With the government’s structural deficit remaining unchecked, Biden would use proposed tax hikes on businesses and high-earning people to power huge new social programs like universal prekindergarten, large subsidies for child care and guaranteed paid leave.

“The best way to grow our economy is not from the top down, but from the bottom up and the middle out,” Biden said in his written budget message. “Our prosperity comes from the people who get up every day, work hard, raise their family, pay their taxes, serve their Nation, and volunteer in their communities.”

The budget incorporates the administration’s eight-year, $2.3 trillion infrastructure proposal and its $1.8 trillion American Families Plan and adds details on his $1.5 trillion request for annual operating expenditures for the Pentagon and domestic agencies.

“Together, these ... will be transformational: Strengthening our economy, boosting American competitiveness, and delivering shared prosperity and economic security,” said acting White House budget chief Shalanda Young. She called the Biden plan a “budget that puts these pieces together and does exactly what the president told the country he would do. Grow the economy, create jobs and do so responsibly by requiring the wealthiest Americans and big corporations to pay their fair share.”

Biden’s budget is sure to give Republicans fresh ammunition for their criticisms of the new Democratic administration as bent on a “tax and spend” agenda.

Like all presidential budgets, Biden’s plan is simply a proposal. It’s up to Congress to implement it through tax and spending legislation and annual agency budget bills. With Democrats in control of Capitol Hill, the president has the ability to implement many of his tax and spending plans, though his hopes for awarding greater increases to domestic agencies than to the Pentagon are sure to hit a roadblock with Republicans.