Staff Contact: Andrew Wheeler
President Biden released a proposed budget for FY 2025. Although the President’s Budget is likely dead on arrival, it includes notable information that may guide regulating agency actions in 2025. The budget includes total receipts of $5.485 trillion and total outlays of $6.135 trillion for a deficit of $1.694 trillion. HHS’ requested budget includes a request of $1.6 trillion in discretionary and mandatory funding for CMS during FY 2025. MHA published an issue brief with additional information.