President Biden believes that investing in America, growing the economy from the bottom up and middle out, lowering costs for families, and reforming our tax code to reward work and not wealth are economic and fiscal imperatives. Strong and shared growth that benefits all Americans isn’t just good for the economy; it will also lead…
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FACT SHEET: The President’s Budget Cuts the Deficit by Nearly $3 Trillion Over 10 Years
President Biden believes that investing in America, growing the economy from the bottom up and middle out, lowering costs for families, and reforming our tax code to reward work and not wealth are economic and fiscal imperatives. Strong and shared growth that benefits all Americans isn’t just good for the economy; it will also lead…
Congressional Republicans’ Legislation: 22% Cuts That Would Harm American Families, Seniors and Veterans
By Shalanda Young, Director of the Office of Management and Budget Yesterday, Speaker McCarthy and Congressional Republicans doubled down on threatening default in order to extract a wish list of extreme, unrelated policies that will hurt hard-working families. The legislation Congressional Republicans have drafted is designed to avoid leveling with the American people about how…
STATE FACT SHEETS: MAGA House Republicans’ Default on America Act Would Have Devastating Impacts Across America
Extreme bill would cut veterans’ health care, jeopardize public safety, and raise costs for families—even as House Republicans separately push for trillions in tax cuts skewed to the wealthy and big corporations Congressional Republicans are holding the nation’s full faith and credit hostage in an effort to impose devastating cuts that would hurt veterans, raise…
Remarks by President Biden on Actions to Help Families Access Care and Support Care Workers and Family Caregivers
Rose Garden 2:21 P.M. EDT THE PRESIDENT: Well, thank you, Kezia, and thank you for that introduction. And former Speaker Pelosi, members of the Congress, members of union labor that are here today that make a lot of this possible — so many of you — thank you for — for being here. The Vice…
Remarks by President Biden on Meeting with Congressional Leaders
Roosevelt Room 6:38 P.M. EDT THE PRESIDENT: I have a brief statement, and then I’ll be happy to take your questions. First, I just finished, I thought, a productive meeting with the congressional leadership about the path forward to make sure America does not default — I emphasize does not default on its debt for the first…
Press Briefing by Press Secretary Karine Jean-Pierre
James S. Brady Press Briefing Room 2:31 P.M. EDT MS. JEAN-PIERRE: Good afternoon, everybody. Q Good afternoon. MS. JEAN-PIERRE: Okay, a couple of things for you at the top. So, a few things that I want to say about the current state of play on budget negotiations and averting default. So, for starters, this is…
On-the-Record Press Call by OMB Director Shalanda Young and CEA Chair Cecilia Rouse on the President’s FY24 Budget
Via Teleconference (March 9, 2023) 10:08 A.M. EST MODERATOR: Hi there, everybody. Thanks for hopping on. This will be an on-the-record press call about the President’s fiscal year 2024 budget. We are joined today by OMB Director Shalanda Young and Chair of the Council of Economic Advisers Cecilia Rouse. They will each make some brief…
Remarks by President Biden in Meeting with His Investing in America Cabinet
Roosevelt Room 12:12 P.M. EDT THE PRESIDENT: I got a brief statement. I’ve called the members of Invest in America Cabinet. We — remember, last month, we had the first meeting, we broke out the Cabinet. But those Cabinet members have most responsibility for getting the major legislation we’ve passed up and running, and get…
Press Gaggle by Principal Deputy Press Secretary Olivia Dalton and OMB Director Shalanda Young
Aboard Air Force One En Route Philadelphia, Pennsylvania 12:36 P.M. EST MS. DALTON: Okay. Good afternoon, everyone. As you all know, we’re on our way to Philadelphia, where the President will lay out his budget for the American people. This year’s budget comes at a critical moment for our country and a time when the…
