Press Views on Budget Resolution Off-Base on Offsets?

The Center on Budget's Statement on the Senate Budget Committee Plan today scolds commentators for scolding Committee chair Kent Conrad (D-ND) for failing to specify the offsets for program expansions and tax-cut extensions assumed in his budget resolution mark. This reflects the press'

read in full

Latest Data on Income Inequality

Via Brad DeLong, this from income trend expert and Berkeley professor Emmanuel Saez The IRS has released yesterday the preliminary stats for year 2005 which I have used to extend my [and Thomas Piketty's] series [on the top income share by tax return unit] to 2005, posted at: http://elsa.berkeley.edu/~saez/TabFig2005prel.xls

read in full

Preview of Sen. Conrad's Budget Resolution Mark

Senate Budget Committee chair Kent Conrad (D-ND) provided reporters with some details yesterday about the budget resolution draft that his committee will mark up today and tomorrow. Some features are good news:
  • priorities -- Conrad's draft provides a $16-18 billion increase in domestic appropriations over Bush's proposal for FY 2008, with substantial increases in education, veterans, and community policing programs, and, on the mandatory spending side, $50 billion for SCHIP over the next five years

read in full

OMB Earmark Site Fails to Meet its Own Standards

We were quick to praise OMB for setting guidelines and a deadline -- per a January 25 memo from Director Rob Portman -- for a website to provide details on all earmarks funded in 2005. The deadline was yesterday. The website was launched on time. But it contains no references to specific earmarks, only aggregate agency and account funding data.

read in full

Call-In For The Right Federal Budget

Your voice is needed now to support a budget with the right priorities for all Americans. The ECAP coalition (read this Watcher article for more on ECAP) is mobilizing to promote a FY08 budget resolution that doesn't allow tax cuts for the wealthy and that makes enough room to fund programs for children, workers, education, and nutrition and housing issues. Let your representative know what you think about these programs and policies. They need to hear that their constituents will support them if they make the right decisions on the budget.

read in full

Citizenship Requirements- Backdoor Budget Cuts?

Quick comment on Robert Pear's article yesterday on Medicaid- a must-read, by the way- that demonstrated that falling caseloads may be in part due to new "proof of citizenship" requirements. Medicaid costs, too, have been going down. Supposing these two trends are related, and it would seem they are, citizenship documentation seems nothing more than a high-handed way to cut budgets and deny people (the vast majority of whom are citizens) health care. Let's remember this if the President ever decides to boast of the cost-containment his policies have achieved.

read in full

War Supplemental Bill Becoming a Budget Bomb

Congress and President Bush have been taking turns adding to what what started out a $99.6 billion supplemental appropriations package. This weekend, Bush formally requested an additional $6.3 billion in spending (mostly for 4,400 new troops to be deployed in the "surge"). This amount, C-Span reports, Bush wants "offset by cuts ... from domestic appropriations made in the fiscal 2007 continuing resolution."

read in full

6 Degrees of Privatization

The contractor at Walter Reed who's taken much blame for the wretched conditions there is tangled up in IRS privatization, too. Unbossed has the story.

read in full

Why the Bush Health Care Plan Won't Work

Nathan Newman at TPM Cafe has a good post on health care costs. His most topical point is that the Bush health care tax package, which is ostensibly intended to reduce health care costs through financial incentives for health care consumers, is hopelessly misguided and beyond repair. Most health care spending occurs among a small minority of spenders who receive very expensive, intensive care that they likely see as not being optional. Incentives one way or the other probably won't make much of a difference.

read in full

White House Blocks OMB Earmark Website Launch

In an embarrassing reversal of its promise (reported here) to have a full searchable database of all FY 2005 earmarks on line by today, the Office of Management and Budget (OMB) has announced that it will release information today only on the aggregate number and cost of earmarks from that year.

read in full

Pages

Subscribe to The Fine Print: blog posts from Center for Effective Government