President Biden's upcoming budget proposal aims to cut deficits by nearly $3 trillion over the next decade, an administration official tells the AP. The goal is far higher than the $2 trillion that Biden had promised in his State of the Union address.
FILE - President Joe Biden delivers the State of the Union address to a joint session of Congress at the U.S. Capitol, Feb. 7, 2023, in Washington, as Vice President Kamala Harris and House Speaker Kevin McCarthy of Calif., listen. Biden's upcoming budget proposal aims to trim deficits by nearly $3 trillion over the next decade. That's according to an administration official who insisted on anonymity to discuss the figures being released Thursday.
FILE - President Joe Biden delivers the State of the Union address to a joint session of Congress at the U.S. Capitol, Feb. 7, 2023, in Washington, as Vice President Kamala Harris and House Speaker Kevin McCarthy of Calif., listen. Biden's upcoming budget proposal aims to trim deficits by nearly $3 trillion over the next decade. That's according to an administration official who insisted on anonymity to discuss the figures being released Thursday.
That deficit reduction goal is significantly higher than the $2 trillion that Biden had promised in his
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