House G.O.P. Eyes Rescinding Unspent Covid Money as Part of Its Fiscal Plan
Posted inCongressional Budget Office Coronavirus Aid, Relief, and Economic Security Act (2020) Federal Budget (US) House of Representatives Republican Party Stimulus (Economic) United States Politics and Government

House G.O.P. Eyes Rescinding Unspent Covid Money as Part of Its Fiscal Plan

Estimates put the amount of leftover money between $50 billion and $70 billion. But even if Republicans could claw it back, it would not make much of a dent in the deficit.
Biden Will Release Dead-on-Arrival Budget, Picking Fight With GOP
Posted inBiden, Joseph R Jr Congressional Budget Office Federal Budget (US) Federal Reserve System House of Representatives McCarthy, Kevin (1965- ) McConnell, Mitch National Debt (US) Powell, Jerome H Republican Party United States Economy United States Politics and Government

Biden Will Release Dead-on-Arrival Budget, Picking Fight With GOP

The president’s plans have little in common with the budget Republicans are set to release this spring, as the nation hurtles toward a possible default on its debt.
Biden Is Set to Detail at Least $2 Trillion in Measures to Reduce Deficits
Posted inBiden, Joseph R Jr Committee for a Responsible Federal Budget Congressional Budget Office Federal Budget (US) Health Insurance and Managed Care Inflation Reduction Act of 2022 National Debt (US) United States Economy United States Politics and Government

Biden Is Set to Detail at Least $2 Trillion in Measures to Reduce Deficits

The president’s proposals, included in the budget he will release on Thursday, are expected to heavily feature tax increases on corporations and high earners.
Biden Is Set to Detail at Least $2 Trillion in Measures to Reduce Deficits
Posted inBiden, Joseph R Jr Committee for a Responsible Federal Budget Congressional Budget Office Federal Budget (US) Health Insurance and Managed Care Inflation Reduction Act of 2022 National Debt (US) United States Economy United States Politics and Government

Biden Is Set to Detail at Least $2 Trillion in Measures to Reduce Deficits

The president’s proposals, included in the budget he will release on Thursday, are expected to heavily feature tax increases on corporations and high earners.