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  2. Inflation Reduction Act - Wikipedia

    en.wikipedia.org/wiki/Inflation_Reduction_Act

    Former Biden administration staffers Natasha Sarin and Mark Mazur found that the Act's investment in IRS tax collection would have increased revenues by $560 billion over 10 years before the Fiscal Responsibility Act's changes, and would increase revenues by $280 billion after them instead, though both findings were still much more than the CBO ...

  3. Fact checking President Joe Biden’s State of the Union - AOL

    www.aol.com/fact-checking-biden-state-union...

    The deficit then fell under Trump and Biden in fiscal 2021 (to about $2.8 trillion) and again under Biden in fiscal 2022 (to about $1.4 trillion). But it then rose in fiscal 2023 (to about $1.7 ...

  4. Opinion - At $1 trillion, Biden-Harris the most wasteful ...

    www.aol.com/opinion-1-trillion-biden-harris...

    The Biden-Harris four-year deficit total was $7.65 trillion — roughly 50 percent more than Donald Trump’s four-year deficit total of $5.56 trillion, and that figure included $3.13 trillion ...

  5. Here’s what’s in and out of the government funding agreement

    www.aol.com/news/government-funding-agreement...

    The funding is in line with the roughly $100 billion topline request from the Biden administration in ... budget deficit. ... as the Take it Down Act, would have created the first federal ...

  6. US budget gap soars to $1.7 trillion, largest outside COVID era

    www.aol.com/news/u-budget-deficit-jumps-23...

    The deficit comes as Biden is asking Congress for $100 billion in new foreign aid and security spending, including $60 billion for Ukraine and $14 billion for Israel, along with funding for U.S ...

  7. Economic policy of the Joe Biden administration - Wikipedia

    en.wikipedia.org/wiki/Economic_policy_of_the_Joe...

    In March 2024, the Biden administration announced that it would forgive $5.8 billion in student loan debt to 78,000 borrowers under the PSLF program, [136] and then an additional $7.4 billion in student loan debt for 277,000 borrowers from additional changes to the PSLF program the next month, which brought the total dollar amount of student ...

  8. Biden Touts Falling Deficit in Fight Against Inflation - AOL

    www.aol.com/news/biden-touts-falling-deficit...

    President Joe Biden on Wednesday touted new projections showing that the federal budget deficit is on track to fall by $1.5 trillion this year, the largest year-over-year drop ever, and that the ...

  9. 2023 United States debt-ceiling crisis - Wikipedia

    en.wikipedia.org/wiki/2023_United_States_debt...

    On May 27, Biden and then-House speaker Kevin McCarthy struck a deal to increase the debt-ceiling but cap federal spending; [14] the resulting bill, the Fiscal Responsibility Act of 2023, passed the House on May 31 and the Senate on June 1. [15] Biden signed it into law on June 3, bringing the crisis to an end. [16]

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