Updated On: 10 March, 2023 10:07 AM IST | Washington | Agencies
That deficit reduction goal is significantly higher than the $2 trillion that Biden had promised in his State of the Union address last month

President Joe Biden at the US Capitol. Pic/AP
President Joe Biden’s upcoming budget proposal aims to cut deficits by nearly $3 trillion over the next decade, the White House said on Thursday. That deficit reduction goal is significantly higher than the $2 trillion that Biden had promised in his State of the Union address last month.
It also is a sharp contrast with House Republicans, who have called for a path to a balanced budget but have yet to offer a blueprint. The White House has consistently called into question Republicans’ commitment to what it considers a sustainable federal budget.