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FILE - President Joe Biden delivers the State of the Union address to a joint session of Congress at the U.S. Capitol, Feb. 7, 2023, in Washington, as Vice President Kamala Harris and House Speaker Kevin McCarthy of Calif., listen. Biden's upcoming budget proposal aims to trim deficits by nearly $3 trillion over the next decade. That's according to an administration official who insisted on anonymity to discuss the figures being released Thursday. The level of deficit reduction is significantly higher than the $2 trillion worth of deficit reduction that Biden had promised in his State of the Union address last month. (Jacquelyn Martin, Pool, File)

FILE - President Joe Biden delivers the State of the Union address to a joint session of Congress at the U.S. Capitol, Feb. 7, 2023, in Washington, as Vice President Kamala Harris and House Speaker Kevin McCarthy of Calif., listen. Biden's upcoming budget proposal aims to trim deficits by nearly $3 trillion over the next decade. That's according to an administration official who insisted on anonymity to discuss the figures being released Thursday. The level of deficit reduction is significantly higher than the $2 trillion worth of deficit reduction that Biden had promised in his State of the Union address last month. (Jacquelyn Martin, Pool, File)

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