Biden’s Budget Sets Up Battle With GOP, Would Cut Deficits by $3 Trillion Over 10 Years
PoliticsPresident’s proposal would raise taxes on businesses and wealthy people Source link
Budget Figures
Biden Seeks Extension of Trump Tax Cuts for Most Households
The extension would target households making under $400,000 a year. The tax cuts are scheduled to lapse after 2025 unless...
Joe Biden’s Budget Proposal for 2024: What to Know
PoliticsPresident’s budget blueprint Thursday will lay out his priorities for government spending, set stage for talks with Republicans Source link
U.S. Deficit Shrank Last Fiscal Year, but Is Poised to Widen as Economy Slows
The U.S. budget deficit narrowed last year, but a cooling economy and rising interest rates put it on track to...
Biden’s Budget Calls for Increase in Defense Spending, Including Funds for Ukraine
WASHINGTON—President Biden on Monday released a $5.8 trillion budget that envisions a substantial increase in U.S. defense spending, a sign...
Biden Emphasizes Deficit Reduction in Bid to Pass Economic Agenda
WASHINGTON—The Biden administration and top Democrats are embracing efforts to reduce the federal deficit as they seek to gain support...
House Passes $3.5 Trillion Budget Blueprint, Sets Deadline for Infrastructure Bill
WASHINGTON—The House narrowly passed a measure approving a $3.5 trillion budget blueprint and locking in a late September vote on...
