Biden's budget sets up economic battle lines with Trump, highlighting diverging directions on retirement programs, taxes, trade, and energy policy. Biden focuses on green energy, infrastructure, and domestic supply chain, while Trump favors tax cuts and trade barriers. The economy faces uncertainty as the election nears, with differences in social safety net, tax policies, trade, and clean energy. Biden aims to protect entitlement programs and increase taxes on the wealthy, while Trump suggests openness to entitlement cuts and additional tax cuts. Trade policy remains polarized, with Biden continuing Trump's trade agenda and Trump gearing up for new trade wars. The trajectory of U.S. climate policy depends on the election outcome, with Biden pushing for clean energy investments and Trump showing skepticism towards electric vehicles and clean energy.