The President’s budget for 2018 clearly shows the Administration is not working on behalf of everyday Americans. It presents a long list of broken promises to the American people, united by one theme: taking away hope and opportunity from millions of families while showering millionaires, billionaires, and wealthy corporations with unnecessary tax cuts.
One of the largest parts of the federal budget – the trillions of dollars the government puts toward tax expenditures – is rarely discussed, lacks transparency, and often benefits the wealthy and well-connected above everyone else.
Means-tested entitlement1 programs are the core of our nation’s social safety net. They deliver vital assistance that protects millions of Americans from entering poverty, while providing ongoing safety and stability for individuals and families facing poverty every single day.
After seven years railing against the Affordable Care Act (ACA), Congressional Republicans have finally produced a so-called “replacement” plan that is actually not a health care bill at all.
The President’s preliminary budget cannot really even be called a budget, as it leaves out more information than it contains. But it can be called cold-hearted and irresponsible, as it severely reduces services and programs that are vital to American families.
CBO recently reported that the economy is currently on solid ground. You would never know that if you listened to Republican Members at our recent hearing with CBO Director Keith Hall.
Non-defense discretionary spending – NDD in budget-speak – funds core government programs that invest in and safeguard people and resources. It provides the vital services and protections Americans value, need, and deserve. And it’s in jeopardy.
Non-defense discretionary funding provides resources for hundreds of programs that affect Americans every day – programs that range from producing innovative research to advance the quality of our lives, to making sure Americans drink clean water, breathe clean air, travel safely, and maintain our status as the world’s economic leader.
“Sequester” typically refers to the cancellation of budgetary resources after enactment. This is true for direct spending subject to the BCA’s deficit reduction sequester, but in the case of discretionary funding, the “sequester-level spending caps” constrain total appropriations, rather than reduce funding after enactment.
Eight years ago, the new Obama Administration faced the worst economic crisis since the Great Depression, with record deficits and massive job losses. Since then, successful efforts to create jobs and grow the economy have created a solid foundation to pass along to the next President.