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Biden Reveals $6.8T Budget Proposal for 2024

  • #COVID-19
  • #Money
  • #Medicare
  • #Guinea
  • #Finance
  • #Taxation
story
MAR 2023
Image copyright: cnn
story last updated MAR 2023

The Spin

Democratic narrative

While undeniably ambitious, Biden’s plan is a credible spending package that would reduce the deficit and protect vital social insurance programs. Meanwhile, the GOP is holding the American economy hostage by refusing Democrats' proposals without presenting any of their own as an impending catastrophic default inches ever closer.

MSNBC

Republican narrative

Biden’s plan is not based in reality and is just a mechanism to raise taxes and grow the government. While the proposal would allegedly reduce the deficit by $3T over the next decade, it doesn't meaningfully cut spending to tackle the national debt, which the Congressional Budget Office projected will grow by more than $20T over the next 10 years.

FOX News

Public Figures

Joe Biden


Political split

LEFT

RIGHT

Biden’s One-Sided Attack on Republican Budgeting
FactcheckJUL 2023
Biden Is Set to Detail $3 Trillion in Measures to Reduce Deficits
New York TimesJUL 2023
Biden Is Set to Detail at Least $2 Trillion in Measures to Reduce Deficits
New York TimesJUL 2023
House G.O.P. Prepares to Slash Federal Programs in Coming Budget Showdown
New York TimesJUL 2023
Embattled Eric Garcetti to have Senate committee vote this week, 600-plus days after nomination
FOX NewsJUL 2023
Seven-figure ad campaign exposes billions in Biden's Medicare cuts after accusations GOP wants to slash
FOX NewsJUL 2023
House GOP to take early step on bill preparing for federal default
Washington PostJUL 2023
GOP leaders find themselves in a budget bind of their own making
MSNBCJUL 2023
Opinion | Republicans need a counteroffer to Biden’s Medicare fix
Washington PostJUL 2023
House GOP flails around for budget plan, seems to settle on burning everything down
Daily KosJUL 2023
President Joe Biden vows to 'make the Medicare trust fund solvent beyond 2050' in NYT editorial
AlterNetJUL 2023
Biden budget aims to cut deficits by nearly $3 trillion over 10 years, source says
IndependentJUL 2023
Biden to raise taxes on wealthy, boost military and federal workers in budget
Daily MailJUL 2023
Where's Former L.A. Mayor Eric Garcetti? Reduced to Flying Economy and Begging for an Indian Ambassadorship
Red StateJUL 2023
Biden to call for at least $2 trillion in deficit reduction when he unveils his budget
CNNJUL 2023

More neutral political stance articles

Why Biden budget's proposal is about getting Republicans to show theirs
USA TodayJUL 2023
House Republicans are reportedly getting ready for the US to default as the debt ceiling draws closer
Business InsiderJUL 2023
Biden Would Make Big Changes In How Medicare Hospital Insurance Is Funded
ForbesJUL 2023
Joe Biden’s Budget Proposal for 2024: What to Know
Wall Street JournalJUL 2023