Page 2 - Us Budget
US increase White House proposes $26 billion budget for NASA in 2023
The White House has requested a $26 billion budget for NASA in 2023, which is about $2 billion more than the space agency received for the current fiscal year.
 "US increase White House proposes $26 billion budget for NASA in 2023")
US President Biden budget has Manchin priorities: Tax rich, cut deficit
US President Joe Biden's $5.8 trillion budget for next year would trim federal deficits and boost taxes on the wealthiest Americans.
 "US President Biden budget has Manchin priorities: Tax rich, cut deficit")
Biden proposes 20% minimum tax on wealthiest so they 'pay their fair share'
The White House estimates that the proposed tax, which focuses on taxing unrealised capital gains, would raise around $360 billion in revenue over the next decade.
 "Biden proposes 20% minimum tax on wealthiest so they 'pay their fair share'")
Biden unveils $5.8-trillion Budget plan with record increase in tax
The White House included measures that would add up to the biggest tax increase in history in dollar terms, helping stabilise deficits relative to the size of the economy.
Biden's budget plan: Higher taxes on rich, lower federal deficits
The higher taxes outlined on Monday would raise $361 billion in revenue over 10 years and apply to the top 0.01% of households
 "Biden's budget plan: Higher taxes on rich, lower federal deficits")
Joe Biden aides to US Congress: Fund Covid aid, don't cut budget
Congress should provide the $22.5 billion President Joe Biden wants for continuing the battle against Covid without cutting other programs to pay for it, senior administration officials said
 "Joe Biden aides to US Congress: Fund Covid aid, don't cut budget")
NASA to get over $24 bn for space missions in new US budget bill for 2022
NASA will get over $24 billion for space missions for fiscal year 2022, if the US Congress is able to pass a newly-devised omnibus spending bill
US projects $3.12 trn budget deficit for this year, down $555 bn
US is forecasting that this year's budget deficit will be $555 billion lower than it estimated back in May, helped by an economy that is rebounding more quickly than had been expected
 "US projects $3.12 trn budget deficit for this year, down $555 bn")
US budget deficit soars to $2 tn during first 8 months FY21: Treasury Dept
The US budget deficit soared to $2.1 trillion during the first eight months of fiscal year 2021, which ends on September 30, the Treasury Department reported
 "US budget deficit soars to $2 tn during first 8 months FY21: Treasury Dept")
Outright economic boom is missing from the Joe Biden revival budget
Economic growth is strong in 2021 and 2022 - but strong enough only to return the economy to its pre-pandemic trend line, not to surge above the trajectory it was on throughout the 2010s
 "Outright economic boom is missing from the Joe Biden revival budget")
Joe Biden's $6 trillion budget: Social spending, taxes on business
Biden has already described, in general terms, major plans on infrastructure and he won a major victory on Covid-19 relief earlier this year
 "Joe Biden's $6 trillion budget: Social spending, taxes on business")
Joe Biden's administration to outline 2022 budget priorities next week
The Biden administration will next week release its proposed discretionary budget for fiscal 2022, providing insight into the president's top priorities and laying down a marker for Congress
 "Joe Biden's administration to outline 2022 budget priorities next week")
Key senators oppose Biden budget pick, Neera Tanden's confirmation at risk
On Friday, Senator Joe Manchin of West Virginia became the first Democratic lawmaker to oppose the confirmation of Tanden, who would be the first woman of color to lead the agency
 "Key senators oppose Biden budget pick, Neera Tanden's confirmation at risk")
Explained: The $4 trillion US government relies on individual taxpayers
Corporations pay just a fraction of what individuals do into the federal spending pool, which funds the military, transportation safety, veterans benefits, regulatory agencies and programs like NASA
 "Explained: The $4 trillion US government relies on individual taxpayers")
US budget deficit soars over $3 trn for first time ever due to Covid relief
The budget deficit for August was $200 billion, matching the deficit in August 2019 but lower than the $245 billion forecast by analysts in a Reuters poll
 "US budget deficit soars over $3 trn for first time ever due to Covid relief")
Trump's election-year budget cuts social expenditure, projects lofty growth
The proposal again abandons the stated goal of closing the budget deficit in 10 years, instead pushing the target date back to 2035
Trump's $4.8 trn budget plan to face scepticism, overwhelming politics
House Speaker Nancy Pelosi said that once again the president is showing just how little he values the good health, financial security and well-being of hard-working American families
 "Trump's $4.8 trn budget plan to face scepticism, overwhelming politics")
US govt deficit widens to $120 bn due to healthcare, military spending hike
The US government's fiscal position has deteriorated since 2016, hit by an aging of the population that has led to more people drawing on Medicare, a federal health insurance program for the elderly
 "US govt deficit widens to $120 bn due to healthcare, military spending hike")
US Federal Budget would increase spending by $320 billion
If passed by Congress and signed by President Trump, the deal would stop a potential debt default this fall and avoid automatic spending cuts next year
 "US Federal Budget would increase spending by $320 billion")
White House proposes $4.7 trillion Budget for fiscal 2020
Trump's outline would sharply cut spending on safety-net programs
 "White House proposes $4.7 trillion Budget for fiscal 2020")
