Government, Business

Biden Pitches $5.8 Trillion Plan With Record Tax Hike

President Joe Biden’s budget release on March 28 is shaping up as a direct appeal to moderate Democrats, emphasizing deficit reduction and flexibility on social spending as the White House hopes to win support for new legislation before November’s midterm elections.

March 28, 2022
Government, Business

Domestic Discretionary Spending Slashed in Trump’s $4.7 Trillion Budget Proposal

President Donald Trump will propose a U.S. budget that wouldn’t balance for 15 years, even assuming stronger economic growth than private forecasters expect and with deep domestic spending cuts that have little chance of passing Congress.

March 11, 2019
Government

Trump Seeks $3.6 Trillion in Cuts to Reshape US Government

President Donald Trump would dramatically reduce the U.S. government’s role in society with $3.6 trillion in spending cuts over the next 10 years in a budget plan that shrinks the safety net for the poor, recent college graduates and farmers.

May 23, 2017