The document will tee up new spending battles with Congress as the administration seeks a range of policy changes.

This isn’t an economic anomaly; it’s a screaming red warning light that international confidence in America’s economic stewardship is eroding.

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The chart in some ways understates the potential harms for families ... Far from shared sacrifice, this fiscal policy agenda hurts the people, families, and communities the President pledged to serve ...

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End of carousel “This is an unprecedented step,” said Devin O’Connor, a senior fellow on the federal fiscal policy team for the Center on Budget and Policy Priorities, a progressive think tank.