Budget — Federal

Congressional Budget Plans Get Two-Thirds of Cuts From Programs for People With Low or Moderate Incomes

The House and Senate budget plans each cut more than $3 trillion over ten years from programs that serve people of limited means. These deep reductions amount to 69 percent of the cuts to non-defense spending in both the House and Senate plans.

 

View additional analyses of the congressional budget proposals:

Overview

  • Greenstein: Congressional Budget Plans Would Increase Poverty, Decrease Key Investments, and Rely on Enormous “Magic Asterisks” House | Senate

Food Assistance

Health

Education

Sequestration

Reconciliation

Background

 

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.

By the Numbers

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