The Congressional Budget Debate
Toomey Budget Similar to House-Passed Ryan Budget
Like the Ryan budget, the budget proposal from Senator Patrick J. Toomey would protect and extend tax cuts that disproportionately benefit higher-income Americans, while reducing deficits through steep cuts in programs that benefit average citizens and people on the bottom rungs of the economic ladder — from low-income programs like Medicaid, to Medicare, to the entire array of non-defense discretionary programs, such as Head Start and food safety inspections. Read more
House Budget Bills Would Target Programs for Lower-Income Families While Breaking Last Summer’s Bipartisan Deal
The House Budget Committee has approved a package of two bills that would alter the bipartisan deal between President Obama and congressional leaders that was reflected in last summer’s Budget Control Act (BCA).
It would eliminate the “sequestration” (automatic cuts) in discretionary programs scheduled for 2013 as a result of the failure of the “supercommittee” to achieve $1.2 trillion in deficit reduction, and replace it with a package that is strikingly unbalanced in how it affects different parts of the budget and, in particular, programs for low- and moderate-income people. Read more
Related:
- A Closer Look at Chairman Ryan's "Sequestration" Proposal
- Eliminating Social Services Block Grant Would Weaken Services for Vulnerable Children, Adults, and Disabled
- House Agriculture Committee Proposal Would Cut 2 Million Off Food Stamps & Reduce Benefits for More Than 44 Million Others
- Provision in House Reconciliation Bill Would Cause 350,000 People to Forgo Health Coverage
- The False Choice of National Defense Versus Helping the Poor
- Greenstein Statement: Ryan Budget is Robin Hood in Reverse — On Steroids
- Ryan's Claim to Finance Tax Cuts For the Wealthy by Curbing Their Tax Breaks Does Not Withstand Scrutiny
- Ryan Plan Would Lead to End of Most of Government Other Than Social Security, Health, Defense By 2050
More: Federal Budget Analyses
Understanding the Safety Net
Are Low-Income Programs Enlarging the Nation’s Long-Term Fiscal Problem?
Virtually all of the recent growth in spending for means-tested programs is due to two factors: the economic downturn and rising costs throughout the U.S. health care system, which affect costs for private-sector care as much as for Medicaid and other government health care programs.
Moreover, Congressional Budget Office projections show that federal spending on means-tested programs other than health care programs will fall substantially as a percent of gross domestic product (GDP) as the economy recovers — and fall below its average level as a percent of GDP over the prior 40 years, from 1972 to 2011. Since these programs are not rising as a percent of GDP, they do not contribute to our long-term fiscal problems. Read more
Related:
- More:
- Federal Budget Analyses
New From the Center
-
North Dakota's Measure 2: High Risk For Little Reward
May 15, 2012
-
Lower-Than-Expected Medicare Drug Costs Mostly Reflect Lower Enrollment and Slowing of Overall Drug Spending, Not Reliance on Private Plans
May 14, 2012
-
What the 2012 Trustees' Report Shows About Social Security
May 10, 2012
-
Testimony of Stacy Dean, Vice President for Food Assistance Policy, Before the House Committee on Agriculture’s Subcommittee on Nutrition and Horticulture
May 8, 2012
-
President's Budget Would Reduce Pell Grant Shortfall; Ryan Budget Would Nearly Triple It
April 26, 2012
- More:
- View All
Center in the News
Who Really Caused The Deficit? (CHART)
Talking Points Memo
May 15, 2012
The Chart to Accompany All 'Jobs, Jobs, Jobs' Discussions
The Atlantic
May 13, 2012
The Human Cost of Ideology
New York Times
May 11, 2012
Today's Biggest Economic Fights: Stimulus, Austerity, and the Fed
US News and World Report
May 10, 2012
Tax Cut Solution Will Have Lasting Effect in Kansas
LJ World (Lawrence Kansas Journal)
May 6, 2012
Spending on the poor isn’t breaking the nation’s bank
The Washington Post
May 4, 2012
‘A Flood of Misinformation’
The Afro-American Newspapers
May 2, 2012
Presenting the first-annual Wonky awards
Washington Post's Wonkblog
December 30, 2011








