Biden Administration
Latest
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Tax Extensions Wipe Away the President’s Budget Savings
The President’s Fiscal Year (FY) 2025 budget proposal calls for $3.3 trillion of net deficit reduction through 2034. However, these savings could...
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An Overview of the President's FY 2025 Budget
The Biden Administration just released its Fiscal Year (FY) 2025 budget proposal, outlining some of the President's tax and spending priorities for...
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Analysis of the President's FY 2025 Budget
The White House released its Fiscal Year (FY) 2025 budget proposal today, outlining President Biden’s tax and spending priorities for the next decade...
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Fact-Checking the 2024 State of the Union
In last night's State of the Union Address, President Biden made a number of claims related to the budget deficit. We've fact-checked three of those...
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CRFB Reacts to $106 Billion of Supplemental Funding
Today, the White House requested $106 billion of supplemental appropriations to address the conflicts in Ukraine, Israel, and Gaza as well as border...
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White House Calls for $40 Billion Supplemental
The White House recently proposed a supplemental appropriations package to boost Fiscal Year (FY) 2024 ordinary appropriations by $40 billion above...
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Breaking Down the Proposals in the President's FY 2024 Budget
The FY 2024 President’s budget includes policy changes that it estimates would reduce budget deficits by $3 trillion over a decade, the net effect of...
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Extensions Would Wipe Away President's Deficit Reduction
We were very encouraged by the President’s call for $3 trillion of ten-year deficit reduction in his Fiscal Year (FY) 2024 budget proposal. However...
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An Overview of the President's FY 2024 Budget
Moments ago, the Biden Administration released its Fiscal Year (FY) 2024 budget proposal, outlining some of the President's tax and spending...
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Is Biden's Student Debt Cancellation Plan Still Regressive?
The Biden Administration’s new $420 billion student debt cancellation and repayment pause plan will deliver the majority of the benefits to those in...
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Maya MacGuineas: The White House is wrong, Biden is no steward of fiscal responsibility
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
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The Biden Administration Has Approved $4.8 Trillion of New Borrowing
Note: We published a more comprehensive, up-to-date comparison analysis of the amount of new ten-year borrowing approved by both Presidents Trump and...