Showing posts with label US budget. Show all posts
Showing posts with label US budget. Show all posts

Thursday, March 5, 2020

Trump Budget Seeks Deep Non-Defense Appropriations Cuts, in Break With Bipartisan Agreement — David Reich & Jennifer Beltrán

The Trump Administration’s 2021 budget calls for major new cuts in programs funded through non-defense appropriations. This budget category, often called non-defense discretionary (NDD), supports veterans’ medical care, aid to education, environmental protection, low-income housing, scientific research, infrastructure, public health, national parks, justice and law enforcement, job training, and many other important services and investments.[1]

"THE BUDGET ABANDONS THE BIPARTISAN AGREEMENT REACHED LAST YEAR THAT PROVIDED A MODEST $5 BILLION INCREASE FOR THIS CATEGORY IN 2021, AND INSTEAD CALLS FOR CUTTING NDD FUNDING $46 BILLION."The budget abandons the bipartisan agreement reached last year that provided a modest $5 billion (0.8 percent) increase for this category in 2021, and instead calls for cutting NDD funding $46 billion below its 2020 level[2] — a 7 percent overall reduction (9 percent after adjusting for inflation). This reduction is spread throughout most non-defense agencies, with proposed inflation-adjusted cuts of 28 percent for the Environmental Protection Agency, 17 percent for the Department of Housing and Urban Development, 15 percent for the Department of Transportation, 11 percent for the Department of Health and Human Services, and 10 percent for the Department of Education, to give just a few examples.

The budget also envisions ever-deeper NDD cuts in years after 2021, reaching 38 percent in inflation-adjusted terms by 2030. Cuts of this magnitude would necessarily mean a major scaling back in most activities funded through NDD appropriations....
President Trump breaks bipartisan agreement by transferring funding from general welfare expenditure to military expansion and to offset his previous tax cuts and planned tax cuts. The absolute amount of spending may remain about the same as projected, although the president is also trying to reduce the deficit. The difference is in the distributional effects, making defense contractors and the wealthy better off while increasing distributional asymmetry.

Center on Budget and Policy Priorities
Trump Budget Seeks Deep Non-Defense Appropriations Cuts, in Break With Bipartisan Agreement
David Reich & Jennifer Beltrán

Thursday, March 16, 2017

Justin Sink and Erik Wasson — Trump Plans Historic Cuts Across Government to Fund Defense

[Office of Management and Budget Director Mick] Mulvaney on MSNBC said the litmus test his team used was, “Can we really continue to ask a coal miner in West Virginia or a single mom in Detroit to pay for these programs and the answer is, ‘No.’ We can ask them to continue to pay for defense, and we will, but we can’t continue to ask them to pay for the Corporation for Public Broadcasting.”

The OMB head is a moron that thinks that a currency issuer is the same as a currency user. Who appointed this guy anyway?

Bloomberg
Trump Plans Historic Cuts Across Government to Fund Defense
Justin Sink and Erik Wasson

Saturday, October 31, 2015

Chuck Spinney — Obama Keeps Pentagon Spigot Open


The left has been focusing on the cuts to social programs in the budget deal. Chuck Spinney zeroes in on the military spending increases. A one-two punch to the jaw of the public.
So, once again, Mr. Obama had a shot at leading from the moral high ground, and once again, he blew it. He had the Republicans on the ropes, with all their warts on full display, but then he squandered an opportunity to effect even a pretense of challenging a thoroughly corrupt system.
Obama’s most recent performance is yet more proof that he is no change agent. A better characterization would be that he is merely another Manchurian Candidate, whose role is to protect the interests of the factions making up the shadow government that is now running the show — what former Republican congressional staffer Mike Lofgren calls the U.S. “deep state.”
Consortiums News
Obama Keeps Pentagon Spigot Open
Chuck Spinney, former military analyst for the Pentagon who was famous for the “Spinney Report,” which criticized the Pentagon’s wasteful pursuit of costly and complex weapons systems.