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Joint Statement by Secretary of the Treasury Janet L. Yellen and Acting Director of the Office of Management and Budget Shalanda D. Young on Budget Results for Fiscal Year 2021

Joint Statement by Secretary of the Treasury Janet L. Yellen and Acting Director of the Office of Management and Budget Shalanda D. Young on Budget Results for Fiscal Year 2021
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Joint Statement By Secretary Of The US Treasury Janet L. Yellen And Acting Director Of The Office Of Management And Budget Shalanda D. Young On Budget Results For Fiscal Year 2021

<p><span>U.S. Secretary of the Treasury Janet L. Yellen and White House Office of Management and Budget (OMB) Acting Director Shalanda D. Young today released the final budget results for fiscal year (FY) 2021. The deficit in FY 2021 was $360 billion less than in the prior fiscal year, reflecting an improved economy due in part to the American Rescue Plan Act of 2021 (ARP) and COVID-19 vaccination rollout. The 2021 deficit was $897 billion less than forecast in the President’s 2022 Budget and $342 billion less than estimated in the 2022 Mid-Session Review. </span><span> As a percentage of gross domestic product (GDP), the deficit was 2.6 percentage points lower than in the previous year. </span><span> The FY 2021 deficit was $2.8 trillion.</span></p> ....

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Biden has only filled 112 of 779 Senate-approved government positions

Biden has only filled 112 of 779 Senate-approved government positions
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Congressman Horsford Promotes Community Violence Intervention and Workforce Development in House Budget Committee Hearing

June 9, 2021
Press Release
WASHINGTON, D.C. Today, Congressman Steven Horsford (D-NV-04) joined his colleagues in the House Budget Committee to host a hearing with Office of Management and Budget (OMB) Acting Director Shalanda Young. The hearing focused on President Biden’s fiscal year 2022 budget, with particular emphasis on the American Jobs Plan.
“During today’s hearing, Acting Director Young demonstrated an unparalleled understanding of the budget process and a deep commitment to America’s working families,”
said Congressman Steven Horsford. “I was glad to have the opportunity to speak with her about key priorities for Nevada’s Fourth District, including community violence intervention and workforce development, and I look forward to our continued work to build back better for Nevada families.” ....

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