Budget Markup and New Resources
Emily Holubowich
Dear NDD Colleagues,
Big news today is that the House Budget Committee will markup its budget resolution on Wednesday at 10 am in 1334 Longworth Office Building. The announcement is available here: https://budget.house.gov/hearing/markup-concurrent-resolution-budget-fiscal-year-2018/. You can also watch it live from this site on Wednesday.
NDD United will issue a statement in conjunction with the markup. Stay tuned!
Also related to the markup, please see this new piece from the Center on Budget and Policy Priorities’ Sharon Parrott and Joel Friedman!
Despite Soothing Rhetoric, House’s Planned “Reconciliation” Cuts Would Hurt Struggling Families
The House Budget Committee is crafting a 2018 budget resolution that will reportedly use the “reconciliation” fast-track legislative process to force roughly $200 billion in cuts over ten years in entitlement (mandatory) programs. A large share of those cuts likely will come from programs that provide basic assistance to families with low or modest incomes.
Committee Chair Diane Black has downplayed the cuts’ negative impact, saying, “I’m insisting that we do it in mandatory spending because it is the greatest driver of our debt…. One penny is all I’m asking for on each dollar, and that can be done, because it will save this country for our children and grandchildren.” This statement is highly misleading, for several reasons:
- House Republicans do not intend to cut all entitlement programs equally.
- Rep. Black and the House Republicans ultimately plan far deeper entitlement cuts than the $200 billion being discussed.
- Tax cuts, not just spending, contribute to rising deficits and debt.
- Branding all mandatory spending as the “greatest driver of our debt” ignores important distinctions among programs and obscures the causes of our fiscal challenges.
Read the full report: https://www.cbpp.org/research/federal-budget/despite-soothing-rhetoric-houses-planned-reconciliation-cuts-would-hurt
Emily J. Holubowich, MPP
Senior Vice President
CRD Associates
600 Maryland Avenue, SW, Suite 835W
Washington, DC 20024
F: 202-484-1244
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