federal deficits

FILE - This May 4, 2021, file photo shows the Treasury Building in Washington. The U.S. budget deficit hit $2.54 trillion for the first 10 months of this budget year, fed by spending to support the country after the pandemic-induced recession. The figures keep the deficit on track to be second largest annual shortfall in U.S. history, behind only the most recent fiscal year that ended Sept. 30. (AP Photo/Patrick Semansky, File)

An old hand at federal budgeting analyzes what the 2023 proposal really says

Nearly every agency would see more money in 2023 under the Biden administration’s top line request, but it also shows the increasing pressure of the so-called…

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