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Congress · 117th Congress

Top takeaways from Biden’s fiscal 2023 budget request

President Joe Biden submitted his budget proposal for the fiscal year that begins Oct. 1 on Monday morning, which will set the tone for the legislative scramble ahead of midterm elections in November.

Policy · 117th Congress

Budget reconciliation instructions likely to assume deficits

The net effect could be somewhere in the ballpark of $500 billion to $1 trillion in paper deficits, which would mean a still-hefty $2.5 trillion to $3 trillion worth of necessary offsets for the