Watch live: Biden announces budget for fiscal 2023

President Joe Biden speaks during a news conference after a NATO summit
AP/Evan Vucci

President Biden on Monday afternoon is slated to announce his budget for fiscal 2023, which the administration says will reduce deficits by more than $1 trillion over the next decade.

The event is slated to begin at 2:45 p.m. ET.

Watch the live video above.

Tags biden administration Joe Biden United States Washington D.C. Washington D.C.

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