President's Budget
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GOP Tax Proposal Risks a Substantial Tax Shift From High-Income Households to Low- and Middle-Income Households
November 18, 2011
The Toomey plan from Republican negotiators on the deficit-reduction "supercommittee" would produce only a modest increase in revenues — about $300 billion over ten years, relative to a baseline that assumes Congress extends all of the Bush tax cuts. But it would accomplish this through what appears to be … -
Media Briefing: Examining the New 2010 Census Data on Poverty, Health Insurance Coverage, and Income
September 13, 2011
The Center on Budget and Policy Priorities held a conference call briefing for journalists Tuesday, September 13, at 1:30 p.m. (ET) to examine the new Census Bureau data for 2010 on poverty, health insurance coverage, and income trends that will be released that morning.
Duration: 21:12
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Greenstein Statement on the “Cut, Cap, and Balance Act” That the House Will Consider on July 19
Updated July 16, 2011
The “Cut, Cap, and Balance Act” that the House of Representatives will vote on next week stands out as one of the most ideologically extreme pieces of major budget legislation to come before Congress in years, if not decades. It would go a substantial way toward enshrining Grover … -
National Organizations Opposing the Balanced Budget Amendment
Updated July 14, 2011
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Reforming Tax Expenditures Can Reduce Deficits While Making the Tax Code More Efficient and Equitable
April 15, 2011
With the federal budget on an unsustainable path, our country’s fiscal problems need to be addressed in a way that is both effective and equitable. Scaling back and reforming “tax expenditures” — spending that is delivered through the tax code rather than government programs — should be an important part … -
Ryan Plan’s “Path to Prosperity” Is Just for the Wealthy
April 6, 2011
House Budget Committee Chairman Paul Ryan’s name for his budget — “The Path to Prosperity” — is a cruel joke. One of this nation’s core beliefs is that if you work hard and act responsibly, you can get ahead, raise a family, and have a decent life. That was never more true than in the three decades after World War II, when the path to … -
Republican Study Committee Bill Would Require Deepest Cuts in Programs for the Poor in U.S. History
April 5, 2011
Legislation unveiled last month by the Republican Study Committee, the powerful caucus that includes 176 House Republican members, would require the most severe cuts in programs for the poor in the nation’s history. Introduced by RSC Chair Jim Jordan (R-OH), Tim Scott (R-SC), and RSC Budget and Spending Task Force Chair … -
Ryan’s Cowardly Budget
April 5, 2011
The Center has just issued a statement on House Budget Committee Chairman Paul Ryan’s budget plan and a brief analysis showing that the plan would get about two-thirds of its more than $4 trillion in budget cuts over 10 years from programs that serve people of limited means. . -
Off the Charts Blog Post: Ryan’s Rx for Medicaid Means Millions More Uninsured or Underinsured Seniors, People with Disabilities, and Children
April 4, 2011
House Budget Committee Chairman Paul Ryan (R-WI) will unveil a budget tomorrow that would cut Medicaid by as much as $1 trillion over the next 10 years and convert it into a block grant. He and others will likely claim that these changes would merely rein in “out-of-control” Medicaid costs while letting states stretch their reduced federal … -
In Battle Over 2011 Appropriations, Both Sides Calling for Substantial Cuts
Updated March 11, 2011
Public discussions about congressional efforts to agree on a measure to fund the government for the rest of fiscal year 2011 have focused on the difference between the size of the cuts in non-security appropriations recently passed by the House and an alternative proposed by Senate Democrats and voted on yesterday. This … -
Administration’s Rationale for Severe Cut in Low-Income Home Energy Assistance Is Weak
February 18, 2011
The President’s 2012 budget proposes cutting funding for the Low Income Home Energy Assistance Program (LIHEAP) from the $5.1 billion enacted for 2010 to just $2.57 billion, a 50 percent reduction. The Administration’s rationale is that Congress sharply increased LIHEAP funding for fiscal year 2009 in response … -
Podcast: Examining the President’s Budget Proposal for Fiscal Year 2012
February 16, 2011
James Horney, the Center’s Vice President for Federal Fiscal Policy, discusses the President’s budget proposal for fiscal year 2012.
Duration: 4:29
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Statement: Robert Greenstein, Executive Director, on the President's Budget Proposal
February 14, 2011
The President’s budget would take an important step toward addressing the nation’s long-term fiscal challenge, cutting the deficit enough to stabilize the debt as a share of the economy for most of this decade. The debt would represent the same share of the economy in 2019 as in 2013, and be only 0.7 percent of … -
Media Briefing: Examining the President's Budget Proposal
February 14, 2011
Robert Greenstein, Executive Director, discusses the President's Budget Proposal for FY2012.
Duration: 14:13
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Policy Basics: Introduction to the Federal Budget Process
Updated January 3, 2011
The way Congress develops tax and spending legislation is guided by a set of specific procedures laid out in the Congressional Budget Act of 1974. The centerpiece of the Budget Act is the requirement that Congress each year develop a "budget resolution" setting aggregate limits on spending and targets for …
