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Budget 2005

Urge Congress to Say NO to the Dreadful GOP Budget
31-Mar-04
Budget 2005

"Tell your members of Congress to oppose any final budget resolution if it: 1) Includes tax cuts that are not paid for! The House budget proposes $138 billion in unpaid-for tax cuts over the next five years. Over the next ten years, extending these same tax cuts would cost $1.2 trillion. 2) Includes cuts to Medicaid and other entitlement programs! The House directs lawmakers to cut $2.2 billion from entitlement programs such as Medicaid over the next 5 years. 3) Removes the even-handed Senate 'pay-as-you-go' provision that applies to new spending and tax cuts! The budget adopted by the House includes massive, unpaid-for tax cuts without any 'fiscal discipline' requirement. 4) Includes deep cuts in other important programs! The House budget would impose $120 billion in cuts over five years to programs important to the American people, including law enforcement, medical and scientific research, veterans' medical care, housing, environmental protection, and others." Call 202-224-3121.

Bush Cuts Low-Income Housing Program Funding by 40% as Rents Soar Nationwide
11-Feb-04
Budget 2005

Once again, Bush proves he's a man of the people - the richest people, that is. The Center on Budget and Policy Priorities reports that "In Bush's proposed budget, the single deepest cut in a major domestic program is in the housing voucher program, the nation's principal low-income housing assistance program." CBPP says that the cuts "would shrink the voucher program 40 percent by 2009 and represent one of the deepest cuts made in any major program to help low-income families and elderly and disabled people in recent decades." While interest rates make housing more affordable for Americans with good jobs and credit, housing costs for poor Americans and anyone forced to rent are soaring. Now their one source of help is being pulled.

Budget Cuts to Domestic Programs Far Greater than Has Been Reported by the Media
06-Feb-04
Budget 2005

Progress Report: "The President's budget is like a cheap suit -- the closer you get, the worse it looks. The Center for Budget and Policy Priorities reports that 'The President's budget proposes much larger cuts in domestic discretionary programs than has been generally understood or been reported to date in the media.' In fact, after adjusting for inflation, by 2009 'funding for domestic discretionary programs would be cut $50b below the 2004 level' -- an 11.5% decrease. Cuts would affect many 'popular programs that the Administration claims it is increasing based on its funding request for 2005.' The reason why these cuts have been overlooked in initial reporting by the media is simple: 'the budget tables that would normally show these cuts are missing from the budget books that OMB issued on February 2.' It is a similar tactic employed last year, when, instead of being honest about massive cuts to state aid, the White House simply stopped publishing the budget report to states."

New Budget Shafts the Unemployed
03-Feb-04
Budget 2005

Progress Report: "Despite millions of Americans either out of work or coping with stagnant wages, the budget unveiled by the White House yesterday doesn't contain much good news for the unemployed. According to the WP, 'Even as the economy fails to generate significant job growth, Bush would slice federal vocational and adult education funding by 35%, from $2.1 billion to $1.4 billion.' The AFL-CIO reports that despite the President's pledge to seriously fund job training 'under the budget proposal, a portfolio of programs designed to provide job training and skills development-dislocated worker funding, adult programs, youth formula grants, youth opportunity grants and the employment service-have seen cuts of $1.3 billion in real dollars since Mr. Bush became president.'"

Defense Budget Doesn't Include Funds for Iraq, Afghanistan, Will Reach Half A Trillion in 5 Years
03-Feb-04
Budget 2005

"Bush is asking Congress for $401.7 billion in military spending for 2005...The Bush administration plans for military spending to grow $20 billion a year over the next five years...Noticeably absent from next year's request is money for military operations in Iraq and Afghanistan. ... The White House expects to cover the war costs with supplemental funds after next fall's elections."

 


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