Tuesday, March 20, 2012

House Budget Proposal Calls for Dramatic Cuts in FY13

The latest step in the process to determine federal funding levels for next year came this morning when House Republicans released their vision for the FY13 budget. (You may remember that the appropriations process kicked off with the release of the President’s proposal in mid-February and has continued with hearings by the Budget and Appropriations Committees of both chambers.)

Today’s proposal—announced by House Budget Committee Chairman Paul Ryan (R-WI)—calls for a dramatic reduction to the overall FY13 discretionary spending limit set by the Budget Control Act last August. It proposes setting the limit at $1.028 trillion, which is $19 billion lower than the level agreed to during the debt ceiling debate.

To achieve these deficit reduction goals, the plan outlines a wide range of suggested entitlement, educational, welfare, and tax reforms. It also targets examples of what House leaders have characterized as “wasteful spending.” Overall, it attempts to place the burden of deficit reduction on domestic programs while prioritizing the preservation of defense funding.

Although it is highly unlikely that this plan will be enacted, the Ryan Budget would have resounding consequences for domestic programs. Advocacy Associates takes an in-depth look at the specific effects of these proposals on federal sustainability programs in our new subscription-based resource, the Smart Growth Reporter. This product is designed to assist smart growth organizations and sustainability-focused offices in local government with gathering, analyzing and understanding the key policies, bottom-line numbers and historical implications of the budget and appropriations process.

Sign up now to receive complimentary access to the analysis & insight included in the first report of the FY13 budget cycle.

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