Statement from White House Communications Director Ben LaBolt on a Reasonable Bipartisan Budget Agreement

President Biden has made clear for weeks that Congress must act to prevent default. Earlier this week, the President met with the four Congressional leaders at the White House, where they agreed to move forward on a bipartisan budget framework. Following that meeting, the President assigned an experienced negotiating team and directed them to act…

JOINT STATEMENT OF JANET L. YELLEN, SECRETARY OF THE TREASURY, AND SHALANDA D. YOUNG, DIRECTOR OF THE OFFICE OF MANAGEMENT AND BUDGET, ON BUDGET RESULTS FOR FISCAL YEAR 2023

WASHINGTON — U.S. Secretary of the Treasury Janet L. Yellen and Office of Management and Budget (OMB) Director Shalanda D. Young today released the final budget results for fiscal year (FY) 2023. The Biden-Harris Administration’s record of building the economy from the middle out and bottom up helped sustain a significant economic recovery and laid…

Remarks by President Biden Announcing His Intent to Nominate the Next Chairman of the Joint Chiefs of Staff

Rose Garden 1:52 P.M. EDT THE PRESIDENT:  Good afternoon.  Please, everybody, be seated.  Thank you. Before I begin, I want to address a — ongoing budget negotiations with congressional leaders.  I’ll be very brief. Speaker McCarthy and I have had several productive conversations, and our staffs continue to meet as we speak, as a matter of fact,…

STATE FACT SHEETS: House Republicans’ Funding Bills Would Have Devastating Impacts for Hard-Working Families Across America

House Republicans’ bills would raise a host of costs for families, hurt students, seniors, and rural communities, slash support for law enforcement, and undermine our economy— while Congressional Republicans fight separately for multi-millionaires and big corporations to get massive tax cuts Earlier this year, the President and Congressional leaders reached a bipartisan budget agreement that…

Bidenomics Is Working: The President’s Plan Grows the Economy from the Middle Out and Bottom Up—Not the Top Down

President Biden and Vice President Harris came into office determined to rebuild our economy from the middle out and the bottom up, not the top down—and that strategy is working. Even as they faced an immediate economic and public health crisis—with a raging pandemic, elevated unemployment, snarled supply chains, and hundreds of thousands of small…

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