President Joe Biden has spent more than any other president in US history during his first 20 months in office, Marshall said.
Under the Biden administration, energy prices have risen more than 37%, home heating fuel more than 52%, electricity prices more than 23%, gasoline more than 45%, and groceries more than 19%, Marshall said.
At the same time, real wages in the United States are not keeping with inflation, Marshall added.
On March 9, Biden released his fiscal year 2024 budget proposal. The proposal projects $6.883 trillion in spending and $5.036 trillion in revenues, resulting in a deficit of $1.846.
Biden’s budget comes as the US approaches its debt ceiling, risking a default on the country’s financial obligations if Congress does not raise its borrowing limit. Biden’s budget seeks to reduce the deficit by nearly $3 trillion in the next decade.
Sputnik was the first international news agency to interview the Syrian president right after talks with Russian President Vladimir Putin in the Kremlin on Wednesday.
There are also a number of countries that can contribute to the creation of a multipolar world, including the BRICS countries — Brazil, Russia, India, China, and South Africa, the Syrian leader said.
