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Friday, May 28, 2021

President Biden's Full FY 2022 Budget | Committee for a Responsible Federal Budget

President Biden's Full FY 2022 Budget | Committee for a Responsible Federal Budget: The Biden Administration today released its first full budget, laying out its proposals for Fiscal Year (FY) 2022 and the subsequent decade. The budget proposes significant increases in spending, revenue, and borrowing over the next ten years. Under the plan, the Administration estimates debt would grow to 117 percent of Gross Domestic Product (GDP) by the end of FY 2031,

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