| Proposed
FY07 federal budget |
 |
March
2006
How will we cut the pie?
More guns, less butter.
And housing. And aid to states and localities...
Here are some links to some of the best
analyses out there. |
The
federal budget is more than a lot of numbers:
it determines a whole lot about what happens
in our country.
Janaury
2006: Yep, after months of political
wrangling, Congress finally came close to passing
the budget for FY06 just before the Christmas/Holiday
recess. (The fiscal year ends in October, so
the government was funded by a continuing resolution
for the last couple months there). Read
more about the budget.
February
2006: President Bush
just released his proposed federal budget
for FY07, and it reveals a lot about
his priorities. There's less
money for programs that serve most marginal
people in our country: poor, elderly,
ill; and more money for programs like
new nuclear weapons and missile defense.
And the tax cuts continue to favor the
wealthiest among us.
Many
individuals and organizations are asking
if this is what we are all about as
a country; and are offering detailed
critiques of the budget proposal. We
hope you'll take the time to find out
more.
This
is our budget; shouldn't it reflect
our priorities?
- True
Majority illustrates the budget in Oreos
(yes, the cookie)
Once again, our federal budget spends
too much on the wrong things and not
enough on the right ones. But it doesn't
have to be that way!
See
the video here.
The
federal budget process: In a nutshell
Each
year, defense bills go through a five-or-six
stage process:
-
Budget
Resolution: establishes overall ceiling
for spending for the Pentagon and other agencies
(Senate and House Budget Committees).
-
Defense
Authorization Bill: establishes program-by-program
ceilings (Senate and House Armed Services Committee)
-
Defense
Appropriations Bill: provides funding to
pay for programs (Senate and House Defense Appropriations
Subcommittees).
-
Energy
and Water Appropriations Bill: provides
funding for nuclear weapons programs (Senate and
House Energy and Water Appropriations Subcommittees).
-
Supplemental
Appropriations Bill: funding requested
outside the normal authorization and appropriations
process (Senate and House Defense Appropriations
Subcommittees).
-
Continuing
Resolution: A bill to provide temporary
funding early in a fiscal year when Congress has
not completed funding on appropriations bills.
Definitions
Authorization: telling your child that
he/she can have $1,000 to spend at college.
Appropriation: sending a $1,000 check
to the student
Outlays: the student spending the money.
January
2006
The FY06 budget: just what you'd
expect.
In
the early morning hours of December 19, the House of
Representatives passed the budget reconciliation bill
by a vote of 212-206. The Coalition on Human Needs reports
that the budget deal includes the following cuts:
-
Medicaid:
Low-income families will have to pay more
than they can afford for medical care under
Medicaid and face shrinking benefits.
-
SSI:
People with disabilities will have to wait
as long as a year to receive the back SSI
benefits they are owed because the government
has taken so long to approve their application.
-
Child
Support: Children will be deprived
of $2.9 billion over 5 years/$8.4 billion
over 10 years in child support not collected
because of cuts in enforcement.
-
Foster
Care: Grandparents or other relatives
in certain states will lose foster care assistance.
-
Temporary
Assistance for Needy Families: The
agreement assumes that work requirements will
be made more harsh and expects states to fail
– and so estimates that states will
pay penalties to the federal government. The
Congressional Budget Office expects that states
will in turn create harsher penalties for
poor families, causing more to lose benefits.
-
Child
Care: CBO estimates that it will
cost $12.5 billion in new funding to pay for
the harsher work requirements and to keep
up with the costs of providing existing child
care. The budget deal only provides $1 billion
– a gap of $11.5 billion.
-
Student
Loans: Cut $12.7 billion over 5 years.
Center
for American Progress
Budget Slashes State and Local Grants
"Under the president’s budget, grants
to state and local governments for programs other
than Medicaid would decline 4.5 percent from last
year (after adjusting for inflation). Grants for
these programs would be lower in 2006 as a percentage
of the economy than they were in 2001
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