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)
https://www.cato.org/commentary/bidens-unserious-budget-plan-dodges-our-most-pressing-concerns