Monday, February 21, 2011

Look at Republican budget cuts


As predicted the Republicans are cutting all sorts pollution abatement, ecologically minded programs, energy related programs, thing that will get us out of fossil fuel use. I am willing to admit Obama has been less Sterling, FDR he's not. This is ridiculous.

also notice, WIC, Women with children that helps poor mothers with nutrition and neo natal care and so on.

according to National Journal
Wednesday, February 9, 2011 | 1:07 p.m.

“Never before has Congress undertaken a task of this magnitude,” said House Appropriations Chairman Harold Rogers, R-Ky., in a statement. “The cuts in this CR will represent the largest reduction in discretionary spending in the history of our nation.”

The spending bill will also include cuts to several of Congress’ sacred cows: a $379 million cut to NASA, a $224 million cut to Amtrak, and a $256 million cut in assistance to state and local law enforcement. The FBI would receive $74 million less than the president requested for it.

And that's just the start. The Treasury Department's budget would be reduced by $268 million. Funding for university agriculture research would drop by $246 million, and Rural Development Programs would decline $227 million.

The total spending cuts in the CR will top $74 billion, including $58 billion in non-security discretionary spending reductions.

House Republicans last year campaigned on reducing non-security discretionary spending to fiscal 2008 levels, a roughly $100 billion cut, and the CR is a down payment on that promise -- a point Rogers stressed in a presentation to the GOP caucus this morning.

“While making these cuts is hard, we have a unique opportunity to right our fiscal ship and begin to reduce our massive deficits and debt,” Rogers continued. “We have taken a wire brush to the discretionary budget and scoured every program to find real savings that are responsible and justifiable to the American people.”

“Make no mistake, these cuts are not low-hanging fruit,” Rogers said. “These cuts are real and will impact every District across the country -- including my own. As I have often said, every dollar we cut has a constituency, an industry, an association, and individual citizens who will disagree with us. But with this CR, we will respond to the millions of Americans who have called on this Congress to rein in spending to help our economy grow and our businesses create jobs.”

Here is the list of proposed cuts, all compared to President Obama’s FY11 budget request:

· Flood Control and Coastal Emergencies -$30M

· Energy Efficiency and Renewable Energy -$899M

· Electricity Delivery and Energy Reliability -$49M

· Nuclear Energy -$169M

· Fossil Energy Research -$31M

· Clean Coal Technology -$18M

· Strategic Petroleum Reserve -$15M

· Energy Information Administration -$34M

· Office of Science under the Energy and water spending bill -$1.1B

· Power Marketing Administrations -$52M

· Department of Treasury -$675M

· Internal Revenue Service -$593M

· Treasury Forfeiture Fund -$338M

· GSA Federal Buildings Fund -$1.7B

· ONDCP -$69M

· International Trade Administration -$93M

· Economic Development Assistance -$16M

· Minority Business Development Agency -$2M

· National Institute of Standards and Technology -$186M

· NOAA -$336M

· National Drug Intelligence Center -$11M

· Law Enforcement Wireless Communications -$52M

· US Marshals Service -$10M

· FBI -$74M

· State and Local Law Enforcement Assistance -$256M

· Juvenile Justice -$2.3M

· COPS -$600M

· NASA -$379M

· NSF -$139M

· Legal Services Corporation -$75M

· EPA -$1.6B

· Food Safety and Inspection Services -$53M (FY10)

· Farm Service Agency -$201M

· Agriculture University Research -$246M

· Natural Resource Conservation Service -$46M

· Rural Development Programs -$237M

· WIC -$758M

· International Food Aid grants -$544M

· FDA -$220M

· Land and Water Conservation Fund -$348M

· National Archives and Record Service -$20M

· DOE Loan Guarantee Authority -$1.4B


· EPA GHG Reporting Registry -$9M

· USGS -$27M

· EPA Cap and Trade Technical Assistance -$5M

· EPA State and Local Air Quality Management -$25M

· Fish and Wildlife Service -$72M

· Smithsonian -$7.3M

· National Park Service -$51M

· Clean Water State Revolving Fund -$700M

· Drinking Water State Revolving Fund -$250M

· EPA Brownfields -$48M

· Forest Service -$38M

· National Endowment for the Arts -$6M

· National Endowment for the Humanities -$6M

· Job Training Programs -$2B

· Community Health Centers -$1.3B

· Maternal and Child Health Block Grants -$210M

· Family Planning -$327M

· Poison Control Centers -$27M

· CDC -$755M

· NIH -$1B

· Substance Abuse and Mental Health Services -$96M

· LIHEAP Contingency fund -$400M

· Community Services Block Grant -$405M

· High Speed Rail -$1B

· FAA Next Gen -$234M

· Amtrak -$224M

· HUD Community Development Fund -$530M

Sunday, February 13, 2011

Obama's New Budget Mixed


Obama's New Buget is a mixed grab bag of some good some bad. It's going to be portrayed as breaking the bank and raising spending. Actually it's tricky. Spending will go up.That has to be. It wont go up as much as it would without the cuts. He's leaving in things to help people who can't cope, to stimulate employment, tax incentives to business.

President Barack Obama has unveiled a multi trillion-dollar budget focused on creating jobs and reducing the nation’s high unemployment rate. The job focused budget would boost the deficit to a record-breaking $1.56 trillion, an increase of 5.7 percent for the current budget. It is also forecast that spending would rise another 3 percent in 2011 to $3.83 trillion. Much of the spending surge started in 2008 and reflects the cost of massive economic stimulus measures passed by Congress to deal with the worst economic downturn since the Great Depression. The surge in the deficits reflects not only the increased spending but also a big drop in tax revenues, reflecting the 7.2 million people who have lost jobs since the recession began and weaker corporate tax receipts.

Here are the key financial aspects of the proposed 2011 Budget.

- Extending tax cuts for businesses, including a $5,000 tax credit for hiring new workers this year, help for the unemployed and $25 billion more for cash-strapped state governments.

- Extension of the popular Making Work Pay middle-class tax breaks of $400 per individual and $800 per couple through 2011. They were due to expire after this year. The budget also proposes making $250 payments to Social Security recipients to bolster their finances in a year when they are not receiving the normal cost-of-living boost to their benefit checks because of low inflation.

- The budget assumes enactment of a comprehensive health care program, the issue that dominated the president’s first year in office. Passage of that proposal is currently stalled with Democrats trying to figure out how to cope with the loss of a key Democratic seat that gave them the 60 votes they needed to overcome a Republican filibuster.

- Federal support for elementary and high school education would get what the administration termed the biggest increase in history. The Pell Grant college tuition program which would see an increase of $17 billion to just under $35 billion, helping an additional 1 million students.

- A boost in taxes on the wealthiest Americans, families making more than $250,000 annually, by allowing the Bush tax cuts of 2001 and 2003 to expire. The provision also aims to reduce the rate at which these same households write-off itemized deductions.

boost taxes on the wealthiest, that's a campaign promise and one he's keeping, that's great. He doesn't cut Social Security or SSI but opts for the needed make for for the lack of cost of living adjustment.

O he's a commie, head for the hills! If only he was.