President's Budget
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President's 2007 Budget Renews Same Number of Housing Vouchers Funded in 2006
Revised April 25, 2006
Executive Summary The President’s budget requests $15.9 billion in fiscal year 2007 for tenant-based rental assistance under the Housing Choice Voucher Program, the nation’s largest low-income housing program. The request would renew approximately 2,070,000 vouchers in 2007, about equal to the total number of … -
Five-Year Discretionary Caps Would Be Unwise at This Time
March 27, 2006
The President has again proposed enactment of binding caps for each of the next five years on overall levels of funding and expenditures for discretionary programs (i.e., programs that are non-entitlements). Under the proposal, the cap for each fiscal year through 2011 would be set at the overall levels for discretionary … -
Program Cuts in the President's Budget
February 23, 2006
The President’s budget proposes substantial cuts in funding for domestic discretionary programs over the next five years. The budget specifies the funding level for each program in 2007, but the levels for specific programs for years after 2007 — the years in which the overall level of reductions in domestic … -
Interested Parties Memo on the Initial Assessment of the President’s 2007 Budget: Impacts on Housing Voucher Program and Hurricane Recovery
Revised February 17, 2006
On February 6, the President released a budget request for fiscal year 2007 that proposes to cut $622 million (1.8 percent) from the HUD budget, in comparison to FY 2006 funding levels, not counting losses due to inflation. The request recommends major cutbacks in community development, … -
The Cost and Coverage Impact of the President’s Health Insurance Budget Proposals
February 15, 2006
In this analysis I report the results of my efforts to assess the impact that the President’s health insurance budget proposals on government costs and insurance coverage in the U.S. The results reported here are from the microsimulation model that I developed with the generous assistance of the Kaiser Family Foundation. I … -
The Administration’s Medicaid Proposals Would Shift Federal Costs To States
February 14, 2006
In its new budget, the Administration proposes net federal Medicaid funding cuts equal to $14 billion over the next five years and $35.5 billion over ten years through a combination of legislative changes and regulatory action. [1] These reductions follow on the heels of significant federal Medicaid cuts ($4.9 billion over five … -
Administration Proposals To Hide Tax-Cut Costs
February 14, 2006
The President’s 2007 budget includes two proposals that risk corrupting federal budget rules in order to facilitate passage of Administration tax cuts. One proposal calls on Congress to adopt a new scoring convention that would make the cost of extending the 2001 and 2003 tax cuts disappear; under this proposal, legislation to … -
President's Budget Would Cut Food for Over 420,000 Low-Income Seniors
Revised February 14, 2006
President Bush’s fiscal year 2007 budget would eliminate funding for the Commodity Supplemental Food Program (CSFP), terminating food assistance to 420,000 low-income seniors in an average month. CSFP provides monthly nutritious food packages primarily to low-income seniors aged 60 and older in parts of 32 states, the District of Columbia, and two Indian reservations. [1] The typical … -
The President's Budget: A Preliminary Analysis
Revised February 10, 2006
An administration’s budget is a statement of its priorities. This budget’s priorities are clear: it features cuts in numerous domestic programs that serve low- and middle-income families alongside continued — and substantially expanded — tax cuts of very large size that concentrate their benefits on … -
The Hidden Cuts in Domestic Appropriations
February 9, 2006
Under the Administration’s budget, funding for domestic discretionary programs would be cut by $183 billion over the next five years, relative to OMB’s own budget baseline (i.e., relative to the 2006 funding levels adjusted for inflation). By 2011, the last year covered by the budget, funding for … -
Federal Grants to States and Localities Cut Deeply in Fiscal Year 2007 Federal Budget
February 7, 2006
Grants to state and local governments have long been an important way in which the federal government supports and administers programs efficiently. The new budget, however, continues to significantly erode those grants. This leaves states and localities the option of either curtailing services or increasing their own taxes to … -
President's Health Care Tax Cut Proposals Are Likely To Weaken Employer-Based Health Insurance, Primarily Benefit High-Income People, and Worsen Deficits
January 31, 2006
In tonight’s State of the Union address and as part of the upcoming fiscal year 2007 budget, President Bush is expected to propose major new tax cuts related to health care.[1] Chief among them could be major expansions of Health Savings Accounts (HSAs) and a new income tax deduction for out-of-pocket medical costs. These …
