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no4gman - Tue 15 Jul 2008 10:46 PM CDT
evaroberts - Tue 15 Jul 2008 01:20 AM CDT
Sam Garchik - Mon 02 Jun 2008 10:10 AM CDT
atomburke - Fri 23 May 2008 03:49 PM CDT
salman - Fri 23 May 2008 06:28 AM CDT
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Friday, February 24
HIDDEN SACRIFICE: Analysis Discovers Big Cuts Ahead for Iowa in Bush Budget
by
Linda Thieman
on Fri 24 Feb 2006 04:00 AM CST
 HIDDEN SACRIFICE: Analysis Discovers Big Cuts Ahead for Iowa in Bush Budget
Iowa Fiscal Partnership
Behind the curtains of George W. Bush’s five-year plans for domestic
services are substantial cuts to Iowans. These were not evident from
the widely circulated budget plans for 2007; unlike traditional
practice, the administration did not release its five-year numbers.
Thanks to the Center on Budget and Policy Priorities, which obtained
and analyzed a less well-circulated administration computer run, a
glimpse of the Iowa impact is available. In the context of proposed tax
cuts, it illustrates the choices at stake.
TAX CUTS WOULD FORCE BIGGER DEFICITS DESPITE SPENDING CUTS
Overall, the budget would increase the federal deficit, both short term and long term.
The five-year plan would cut the domestic discretionary budget
(annually appropriated services outside defense and international
affairs) by $183 billion below 2006 funding, adjusted for inflation. Of
those cuts, $167 billion would occur after 2007. By 2011, this spending
would be about $57 billion (13 percent) below the amount needed to keep
pace with inflation.
The proposed cuts in domestic spending would not reduce the deficit in
the [Bush]’s plan; they are less than $285 billion in tax cuts
proposed by [Bush].
Tax cuts proposed by [Bush] would benefit high-income people;
several domestic spending cuts are in services for low-income people.
The [Bush]’s proposals, for example, would mean:
• 4,000 fewer Iowa participants would be served in
the special supplemental nutrition program for women, infants and
children (WIC) in 2011 than 2006.
• 3,400 fewer Iowa participants in the Commodity
Supplemental Food Program for the Elderly in 2007 than in 2006 (420,000
fewer nationally)
• 800 to as many as 1,100 fewer Head Start participants by 2011.
Combined with proposed spending increases in military and homeland
security spending, the deficit would be about $200 billion worse than
currently expected.
Click here to download the complete Iowa report in PDF format.
Click here to download the full analysis by the Center on Budget and Policy Priorities.
Tuesday, February 7
Nussle Uses False Arguments to Defend Soaring Federal Deficits
by
Linda Thieman
on Tue 07 Feb 2006 04:00 AM CST
 Nussle Uses False Arguments to Defend Soaring Federal Deficits
IowaDemocrats.org
Nussle Claims 9/11 is to Blame; Facts Show Tax Cuts, Increased Spending Are the Real Cause
DES MOINES – Jim Nussle once again tried to justify soaring budget deficits
to Dubuque voters this weekend by blaming the war on terror. However,
even conservative think tanks blame increased federal spending and tax
cuts for wealthy Americans for the largest budget deficits in America’s
history.
In a
Dubuque Telegraph Herald article from February 4th, Nussle claims, "The
huge deficit was caused more by Osama bin Laden than George W. Bush.”
However, the Center on Budget and Policy Priorities reported in January,
2004, that the Bush tax cuts are three times more responsible for
deficits than war and defense funding. [Center on Budget and Policy
Priorities. 1/26/04] Even the conservative Heritage Foundation
has said, “’Defense and 9/11 are not responsible for most of the
spending increases.’” [Washington Post, 10/3/05]
Last
week, the U.S. House narrowly passed the FY06 budget reconciliation
bill that Nussle claimed would save taxpayers $40 billion over ten
years. However, the House will soon
take up a bill approving $60 billion in tax cuts that negate any
savings and adds $20 billion to the federal deficit. Nussle has voiced
support for these budget-busting tax cuts.
“Nussle’s
argument that the exploding budget deficits are caused by September
11th and the war in Iraq just don’t ring true,” said Iowa Democratic
Party Executive Director Mike Milligan. “When will Nussle finally tell
Iowa voters the truth: that out of control Republican spending policies
and extreme tax cuts for the richest Americans are to blame for federal
deficits?”
( Source)
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