On Friday, May 28, the Biden administration released its fiscal year (FY) 2022 budget request (“Budget”) and the following accompanying documents.

- Fact Sheet. Six-page summary of various proposals in the Budget.

- Analytical Perspectives. Contains a detailed analysis of specific subject areas within the Budget. It includes information on federal receipts and collections; analyses of federal spending; and information on federal borrowing and debt.

- Appendix. Provides details on appropriations and legislative proposals for each agency.

- General Explanations of the Administration’s Fiscal Year 2022 Revenue Proposals (“Green Book”). For the first time since 2016, the Budget also includes a Green Book, which provides cost estimates and descriptions for the revenue proposals in the Budget.