Category: budget

NTD Evening News (March 10): House Freedom Caucus Unveils Budget to ‘Shrink DC’; COVID-19 Origins Bill Heads to Biden’s Desk

Democrats on Capitol Hill welcomed President Joe Biden’s $6.8 trillion budget, while the House Freedom Caucus unveiled a plan on March 10 meant to cut money from government agencies. Treasury Secretary Janet Yellen also faced questions from lawmakers over Biden’s budget proposal. In a rare bipartisan moment, the House unanimously passed a bill to declassify…


LIVE NOW: White House Holds Briefing With Press Secretary and Budget Director (March 10)

White House press secretary Karine Jean-Pierre holds a daily briefing at 2:30 p.m. ET on March 10, joined by Office of Management and Budget Director Shalanda Young, and Council of Economic Advisers Chair Cecilia Rouse. …


White House Holds Briefing With Press Secretary and Budget Director (March 10)

White House press secretary Karine Jean-Pierre holds a daily briefing at 2:30 p.m. ET on March 10, joined by Office of Management and Budget Director Shalanda Young, and Council of Economic Advisers Chair Cecilia Rouse. …


LIVE NOW: Secretary of Treasury Yellen Testifies on Biden’s Budget to House Committee

U.S. Secretary of the Treasury Janet Yellen testifies to the House Ways and Means Committee at 9:00 a.m. ET on March 10 on President Joe Biden’s FY’24 Budget Request. …


Secretary of Treasury Yellen Testifies on Biden’s Budget to House Committee

U.S. Secretary of the Treasury Janet Yellen testifies to the House Ways and Means Committee at 9:00 a.m. ET on March 10 on President Joe Biden’s FY’24 Budget Request. …


Biden Budget Would Lead to Record National Debt: Watchdog

The Committee for a Responsible Federal Budget (CRFB) has warned that President Joe Biden’s proposed budget for the 2024 fiscal year would send the national debt to a record high within four years. “Debt under the President’s budget would grow to a new record as a share of the economy over the next decade,” the…


Biden’s Budget Proposes Trillions in Tax Hikes, Partly Repeals Trump’s Tax Cuts

President Joe Biden unveiled the third budget of his presidency, vowing to increase spending, raise taxes, and reduce the federal deficit. Over the next decade, the $6.8 trillion budget (pdf) proposes approximately $5.5 trillion in tax increases on high-income earners and corporations. The White House includes a 25 percent minimum tax on the wealthiest Americans…


Biden Releases Budget Request for Fiscal Year 2024

U.S. President Joe Biden travels to Philadelphia to release his proposed budget for Fiscal Year 2024 at 2:30 p.m. ET on March 9. …


LIVE 5 PM ET: House Speaker McCarthy and GOP Leaders Hold Media Availability on Budget

U.S. House Speaker Kevin McCarthy (R-Calif.), Majority Leader Steve Scalise (R-La.), joined by Majority Whip Tom Emmer (R-Minn.), Chairwoman Elise Stefanik (R-N.Y.), and Budget Committee Chairman Jodey Arrington (R-Texas) hold a media availability at 5:00 p.m. ET on March 8 to talk about the budget. …


House Speaker McCarthy and GOP Leaders Hold Media Availability on Budget

U.S. House Speaker Kevin McCarthy (R-Calif.), Majority Leader Steve Scalise (R-La.), joined by Majority Whip Tom Emmer (R-Minn.), Chairwoman Elise Stefanik (R-N.Y.), and Budget Committee Chairman Jodey Arrington (R-Texas) hold a media availability at 5:00 p.m. ET on March 8 to talk about the budget. …