FY '25 Budget Request

Budget Watchdog All Federal

Budget Watchdog AF considers President Biden’s $7.3 Trillion Fiscal Year 2025 Budget Request. A budget that proposes a 4.5% cut in discretionary spending from the previous fiscal year and a reduction in budget deficits by nearly $3 trillion over the next decade. But how rosy are the economic growth projections upon which this budget request is built? And what gimmicks are baked in there to create illusions in the out years? TCS President Steve Ellis is joined by TCS Director of Policy and Research Josh Sewell and Policy Analyst Gabe Murphy.