Biden has proposed increasing spending of taxpayer money by 20%.

Rather than find a path to a sustainable debt, the plan would increase the country’s debt burden to 117 percent of gross domestic product by the end of the decade, exceeding its World War II record in 2024.

Source: Biden to propose $6T budget, increasing federal spending to highest sustained level since WWII: report | TheHill

The goal is to use the pandemic policies to convert the U.S. to Scandinavian style social benefits programs with Scandinavian level high taxes.

By EdwardM