Biden Boosts Deficit Reduction in Budget Proposal

“President Joe Biden’s upcoming budget proposal aims to cut deficits by nearly $3 trillion over the next decade,” the AP reports.

“That deficit reduction goal is significantly higher than the $2 trillion that Biden had promised in his State of the Union address last month. It also is a sharp contrast with House Republicans, who have called for a path to a balanced budget but have yet to offer a blueprint.”

Meanwhile, CNN reports Republicans aren’t likely to have their own proposal until mid-May.