The American Rescue Plan Act (ARP) expanded financial assistance for individuals and families to improve the affordability of health insurance coverage in the Affordable Care Act (ACA) Marketplace. Along with significantly increasing the premium tax credits for people already eligible for assistance under the ACA, the expansion, for the first time, reached people with incomes…
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FACT SHEET: The President’s Budget Cuts Taxes for Working Families and Makes Big Corporations and the Wealthy Pay Their Fair Share
Since taking office, President Biden has fought to build a fairer tax system that rewards work, not wealth; asks the wealthiest Americans and largest corporations to pay their fair share; and requires all Americans to play by the same rules and pay the taxes they owe. He has already secured historic legislation to make our…
FACT SHEET: The President’s Budget Cuts Taxes for Working Families and Makes Big Corporations and the Wealthy Pay Their Fair Share
Since taking office, President Biden has fought to build a fairer tax system that rewards work, not wealth; asks the wealthiest Americans and largest corporations to pay their fair share; and requires all Americans to play by the same rules and pay the taxes they owe. He has already secured historic legislation to make our…
Press Call by Senior Advisor to the President Anita Dunn and a Senior Administration Official on Historic Action to Make Healthcare More Affordable and Accessible
Via Teleconference 5:04 P.M. EDT MODERATOR: Hi, everyone. Thanks for joining today’s call. This is Kelly Scully from the White House Press team. Thanks for joining today’s call with Assistant to the President and Senior Advisor to the President Anita Dunn to discuss the adminis- — (Cross-talk.) — to discuss the administration’s work to make…
FACT SHEET: President Biden Takes Action to Protect American Workers and Businesses from China’s Unfair Trade Practices
President Biden’s economic plan is supporting investments and creating good jobs in key sectors that are vital for America’s economic future and national security. China’s unfair trade practices concerning technology transfer, intellectual property, and innovation are threatening American businesses and workers. China is also flooding global markets with artificially low-priced exports. In response to China’s…
The American Rescue Plan (ARP): Top Highlights from 3 Years of Recovery
The American Rescue Plan has led to a historic recovery across the country, with 15 million jobs created and the longest streak of sub-4% unemployment in more than 50 years. It’s led to a recovery where more Americans are working than ever before and more Americans are taking the act of faith of starting a…
FACT SHEET: The President’s Budget Cuts Wasteful Spending on Big Pharma, Big Oil, and Other Special Interests, Cracks Down on Systemic Fraud, and Makes Programs More Cost Effective
The President’s FY 2025 Budget lays out President Biden’s plan to lower costs for families, invest in America and the American people, uphold the President’s commitment to protecting and strengthening Medicare and Social Security, and reduce the deficit. Alongside major reforms to the individual and corporate tax codes to ensure that the wealthy and big…
FACT SHEET: The President’s Budget Cuts Wasteful Spending on Big Pharma, Big Oil, and Other Special Interests, Cracks Down on Systemic Fraud, and Makes Programs More Cost Effective
The President’s FY 2025 Budget lays out President Biden’s plan to lower costs for families, invest in America and the American people, uphold the President’s commitment to protecting and strengthening Medicare and Social Security, and reduce the deficit. Alongside major reforms to the individual and corporate tax codes to ensure that the wealthy and big…
President Biden’s FY 2025 Budget Advances Gender Equity and Equality
The President’s FY 2025 Budget includes critical policies for women and families across the country and around the world. It will give families more breathing room; support workers and strengthen the care economy; expand access to high-quality health care and improve health outcomes; prevent and address gender-based violence; and advance gender equality around the world.…
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 2024
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) 2024. Under the leadership of President Biden and Vice President Harris, our economy has created over 16 million jobs, unemployment remains the lowest on…
