Medicare

Responses to President's FY 2004 Budget Proposal

The President issued his FY 2004 budget proposal February 3, which was received with accolades by some and with great criticism by others worried that several key education, housing and environmental programs would suffer under his proposed funding levels. Included in this article are links to OMB Watch analyses, as well as the responses of other organizations and Members of Congress.

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Too Much Spending? Or Not Enough?

Only 9 billion dollars separates the House and the Senate Budget Committee FY 2003 discretionary spending totals, but this small divide has been widened by continuing efforts to limit spending on domestic programs. Each of the budget proposals that has been put forth calls for reductions in this year’s real per capita spending from last year’s levels. Yet a recent analysis from the Center on Budget and Policy Priorities (CBPP) argues that we are nowhere near a discretionary “spending explosion,” in either domestic or military spending.

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Playing Chicken Over Social Security's Future

By now it should be obvious to everyone, including Congress, that it is not possible to adhere to the budget limits (caps) on discretionary spending and pass realistic spending bills for FY 2000, at least not without resorting to accounting gimmicks and trickery. Sticking to the caps means drastic and politically unfeasible cuts. This should be good news for advocates who have been arguing all along that staying within the budget caps would severely slash important spending needs, including education, health, environmental protection, housing, and a score of other beneficial programs, especially those upon which low to mid-income Americans depend.

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House Budget Committee "Balanced" Budget Resolution for FY 2003

The budget resolution that the House Budget Committee marked up and passed by a party line vote (23-18) on March 13, is expected to head to the Floor for debate this week. The budget resolution is not a law, but is a broad outline for spending and tax cuts for FY 2003, which begins on October 1, 2002 and runs through September 31, 2003.

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Invest In America

Contents

Statement of Priorities

Statement of Principles & Vision Statements

April 2000 Two-Day Event

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The Bush Budget: Reagan Redux

OMB Watch will continue to analyze the President's FY 2003 Budget. Please see the OMB Watch website over the next week for further analyses of homeland security spending, cuts to human needs spending, and spending increases on future tax cuts. The President's Budget is now online. The Washington Post has provided an agency-by-agency overview of the President's proposed spending increases and cuts.

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