Budget — Federal

Sequestration Would Not Be Tougher on
Defense Than Non-Defense Programs in 2014

"[P]olicymakers should resist calls to provide relief from sequestration only to defense programs; any relief should also include increased funding for non-defense discretionary programs, adhering to the BCA’s core principle of maintaining parity in sequestration cuts between defense and non-defense." Read more

 

 

 

 

 

Averting a Budget Crisis Is Not Enough

Beyond avoiding default and a government shutdown, four criteria should be used to evaluate proposals to resolve the pending budget issues:

  • Do they strengthen the economic recovery?
  • Do they protect low-income Americans and avoid increasing poverty and hardship?
  • Do they permit adequate investment in core public services?
  • Do they reflect a balanced approach, both between budget cuts and revenue increases and between defense and non-defense funding?

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Basics

The federal budget outlines the U.S. government’s spending plans for the coming fiscal year and how it plans to pay for that spending. The three biggest areas of federal spending in 2010 were defense and security, Social Security, and public health insurance programs, each of which made up roughly one-fifth of the budget. Roughly four-fifths of the revenue that the federal government collected to pay for these programs came from individuals, through income and payroll taxes.

Policy Basics:
- Where Do Our Tax Dollars Go?
- Introduction to the Federal Budget Process
- Deficits, Debt, and Interest
- Non-Defense Discretionary Programs

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The Center informs the debate over federal budget priorities by analyzing the President’s budget and major congressional proposals throughout the annual budget process. We pay particular attention to the adequacy of funding for programs that assist low- and moderate-income families. We also analyze long-term budget challenges and measures to address them. In addition, we promote measures to improve fiscal responsibility.

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