Federal budget

The Administration Again Proposes to Shift Federal Medicaid Costs to States

February 14, 2007.  The Center on Budget and Policy Priorities explains what’s at stake.… (read more)

President Calls for Deep Cuts in a Wide Range of Domestic Programs

February 8, 2007.  The cuts would start in 2008 and grow deeper over time. Details given in this report from the Center on Budget and Policy Priorities. … (read more)

The President’s 2007-2008 Budget: What It Means to New Yorkers

February 7, 2007. The budget released on February 5 by President Bush pays for massive tax cuts for the rich by cutting services and programs for the poor. The President’s proposals balance the federal budget only on paper, and make it harder for New York to balance its budget. Report >>.… (read more)

Distributional Analysis of the Proposed Standard Deduction for Health Insurance

February 7, 2007. The Tax Policy Center has put together detailed tables showing the various changes by income class and income percentile.… (read more)

Federal Grants to States and Localities Cut Deeply in Fiscal Year 2008 Federal Budget

February 6, 2007. Iris Lav at the Center on Budget and Policy Priorities explains the impact.… (read more)

The Fiscal Impact of House 100 Hours Agenda

January 23, 2007.  The combined fiscal impact of the six “100 hours” bills (which implement 9/11 Commission recommendations, close energy tax loopholes and more) is significant: the Congressional Budget Office (CBO) has estimated $21.1 billion in savings and revenue over the next ten years if the bills are signed into law. OMB Watch breaks it down by bill.… (read more)

99 Percent of New Yorkers Lose Under Bush “Tax and Borrow” Fiscal Policies

June 28, 2006. FPI’s release of a new report by Citizens for Tax Justice with state-specific data.… (read more)

House of Representatives’ proposed FY 2007 budget plan calls for large cuts in domestic programs while increasing the federal budget deficit

April 3, 2006. Press release:

House Budget Calls for Large Cuts in Domestic Programs and Would Worsen Deficit

Program Cuts Even Larger Than Those Proposed by President or Senate, Yet Would Be Offset by Tax Cuts and Added Defense-Related Spending

The five-year budget plan approved on Wednesday, March 29, 2006, by the US House of Representatives’ Budget Committee is badly out of step with both America’s needs and Americans’ concerns for fiscal responsibility and adequate funding of critical services.

Both … (read more)

Introduction to the Federal Budget Process

January 17, 2006. Policy basics from the Center on Budget and Policy Priorities – first written in 2003, and updated regularly.… (read more)

Vulnerable New Yorkers Would Lose up to $4.4 Billion in Federal Funding under House Budget Plan

March 30, 2005. The Senate’s plan has considerably smaller cuts in basic low-income programs. Will the Senate accede to the harsher House budget? A press release from the Fiscal Policy Institute.

Contact:  Trudi Renwick, 518-786-3156

New York’s share of federal funding cuts in key programs that assist our state’s low-income elderly residents, families with children, and people with disabilities could be as much as $4.4 billion over the next five years under the budget plan the House passed earlier this … (read more)