Federal budget

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)

New York Impact Analysis: Effects of 2004 Congressional Budget Resolution

April 23, 2003. Due to the federal tax and budget agreement, New York will suffer $1.56 billion in cuts to key programs over ten years to pay for tax breaks for the wealthy, according to this report from the Economic Policy Institute and the Institute for America’s Future.

Groups call on House to join Senate in passing fiscal relief for the states; joint statement from FPI and New Yorkers for Fiscal Fairness releasing new EPI/Institute for America’s Future report… (read more)

A Preliminary Analysis of the Impact of President George W. Bush’s Tax Cut Proposals on New York State

April 12, 2001. A new administration in Washington is determined to push through an unprecedented $1.6 trillion tax cut that will have far-reaching effects for years to come. This report shows that the Bush tax plan would hit the Empire State with a powerful “double whammy.” While the richest 1.1% would receive over 60 percent of the tax cut, 2.5 million New Yorkers would be left entirely. Many other New Yorkers would receive cuts that are smaller than advertised. Overall, … (read more)

Poverty Amidst Plenty 2001

February 27, 2001. New York State leaves millions of dollars unspent for anti-poverty efforts for state’s poor families. The state’s TANF funds should be fully and promptly used for the New York families that need them. A new report makes the case.

(read more)

The Impact of Federal Spending Priorities on New York State: An Educational Briefing

June 2, 2000. New York State receives $3.9 billion less per year from the federal government in key budget areas than it did in 1980. Meanwhile, while military spending grew by $10.7 billion. Representatives of Statewide Youth Advocacy, the Interfaith Alliance of New York State and the Fiscal Policy Institute joined Greg Speeter and Pam Schwartz of the National Priorities Project in presenting an educational briefing today on how federal spending priorities impact New Yorkers. Press release:

A new report, … (read more)