White House to release budget proposal on March 9

The White House will release its budget proposal for next fiscal year on March 9, officials said Tuesday, as they pressure Speaker Kevin McCarthy (R-Calif.) to release a detailed budget of his own outlining House Republicans’ spending plans.

The White House on Tuesday circulated a memo from National Economic Council Director Brian Deese and Office of Management and Budget Director Shalanda Young ahead of President Biden’s meeting with McCarthy on the debt ceiling. The two offi...