Re: NEW from NPP and news on the federal budget

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Pope, Karen O. (POPEKJ@uwec.edu)
Wed, 11 May 2005 13:13:06 -0500



Subject: FW: NEW from NPP and news on the federal budget
Date: Wed, 11 May 2005 13:13:06 -0500
Message-ID: <19A6EE157F4C0D4290E98A37C4386B13016F2B8A@PEPSI.uwec.edu>
From: "Pope, Karen O." <POPEKJ@uwec.edu>

many of the victims were women and children. . . .
  If SFPJ wants to do something early next fall, perhaps we can help to educate our campus community about the connections between local quality of life issues, state budgets and funding for education and environmental quality and national spending. Perhaps our esteemed colleagues in Economics and Sociology could help us.
  The budget bill passed *unanimously*. Still the 9-11 effect. No one wants to be seen as not supporting our troops in harm's way. . . .
  karen

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From: Pamela Schwartz, National Priorities Project
[mailto:pschwartz@nationalpriorities.org] Sent: Wednesday, May 11, 2005 1:02 PM To: Pope, Karen O. Subject: NEW from NPP and news on the federal budget

National Priorities Project Bulletin
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WE NEED YOUR FEEDBACK! If you've visited the NPP Database before, help shape our future work by completing the brief survey at: http://www.surveymonkey.com/s.asp?u=11283982721

NEW FROM NPP...

Proposed Cuts to Community and Economic Development: For selected towns and counties, go to: www.nationalpriorities.org/budget/comdev.html If a breakdown for your city is not currently available but would be useful to your work, please email Pamela Schwartz at pschwartz@nationalpriorities.org.

New on The NPP Database
    Tax cuts and trade-offs: The NPP Database trade-offs page now includes information on the cost of this year's tax cuts, including those for the wealthiest 1%. Go to: http://database.nationalpriorities.org/tradeoff
    Updated state and county-level data for 2004 on unemployment, taxes, nutrition programs and much more. Go to: www.nationalpriorities.org/database
    
...AND THE LATEST ON THE FEDERAL BUDGET Yesterday, Congress passed $82 billion in supplemental spending for this fiscal year, primarily for the Iraq War.

On April 28, both houses of Congress (very narrowly) passed a joint budget resolution which sets out the guidelines and limits on spending and revenues over the next five years.

Domestic discretionary spending programs such as community development and environmental programs would be cut by almost 6% next year under the budget agreement, after adjusting for inflation.

Most strikingly, the budget resolution contains instructions for cutting
$35 billion in mandatory programs over the next five years, including cuts to Medicaid and student loan programs.

At the same time, while facing significant federal budget deficits, the resolution sanctions $106 billion in tax breaks over the next five years and proposes to put $70 billion of these tax breaks on a "fast track" to enable speedy passage.

Next, the House and Senate's 13 appropriations subcommittees, each of which have jurisdiction over a particular area of discretionary spending, will draft a bill, called a 'markup', that will apportion spending in their specific program areas. Once completed, the bills will go to their respective House or Senate floors for a full vote. To find out more about the federal budget process in general, go to www.nationalpriorities.org/budget/index.html.

Sincerely,

Pamela Schwartz Outreach Director

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