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Dueling Budgets

Thursday, March 14, 2013   (1 Comments)
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Dueling Budgets

If you haven't heard the on-going battle over the FY 2013 budget, you must be living under a rock! While there has been progress in both houses, as you might guess, the budget proposals look very different. Read on…

On the Senate side, a negotiated  Consolidated and Further Continuing Appropriations Act of 2013 is ready for action. In addition, Senate Labor/HHS/Education Appropriations Subcommittee Chair Tom Harkin introduced a FY 2013 Labor/HHS/Education amendment which would provide additional funding for a number of programs, and in general, reflects the details of a negotiated FY2013 measure from late last year (minus a .127 percent across the board cut). The  amendment and supporting information, with charts and details on individual programs, is now posted. And of course, subsequent sequestration cuts will also be factored in. Important to note that specific allocations to the Prevention and Public Health Fund ($1 billion) are not made under the proposal.

On the House side, Budget Chair Paul Ryan released a FY 2014 budget proposal:  The Path to Prosperity -- A Responsible, Balanced Budget. The plan then cuts overall discretionary spending by an additional $249 billion over the next ten years. It also includes a $500 billion "increase” for defense spending over the next decade—which is basically just cancelling defense sequestration. So you get one guess where the cuts come from...Non-Defense Discretionary (NDD)! Preliminary analysis suggests that the cuts to NDD are $1 trillion LESS than the Budget Control Act(over ten years) – basically shifting responsibility for sequestration entirely on NDD. As with recent House budgets, no funds are made available for implementation of the Affordable Care Act, including the Prevention and Public Health Fund.

More to come…  Share your thoughts and comments below.

Comments...

Doreleena Sammons-Hackett (aka Posey) S.M. says...
Posted Thursday, March 14, 2013
Its such a sad state of affairs and once again the people suffer!

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