Biden’s Unserious Budget Plan Dodges our Most Pressing Concerns

Source: Cato Institute
by Romina Boccia & Adam N Michel

“President Joe Biden’s budget hit Washington with the sound of a burlap sack full of wet potatoes dropping on concrete. In substance, this executive budget proposal is more an electoral signaling document than a governance plan. It’s filled with tax increases on the so‐​called wealthy and corporations and otherwise lacks serious deficit reduction proposals to address the unsustainable growth in spending. Delivering its budget a month past deadline, the Biden administration demonstrated a lack of commitment to taking the budget process seriously from the get‐​go.” (03/14/23)