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  • New Programs, More Spending in Student Aid 'Deficit Reduction' Bill
    Posted in HBC Publications on July 30, 2009 | Preview rr

    SUMMARY On the same day the Federal Reserve Chairman was warning Congress about Federal spending and deficits, the Education and Labor Committee reported legislation that: Nationalizes all Federal student loans. Creates ten new entitlement programs. Expands Washington’s role in education. Distorts the budget reconciliation process to create new entitlement spending that will add to the already unsustainable budget commitments of the Federal Government. Increases the deficit by $39 billion, when ... Read more

  • Defense Appropriations
    Posted in HBC Publications on July 28, 2009 | Preview rr

    The Defense appropriations bill – the twelfth and final House appropriations measure to be brought to the floor – provides $636.3 billion in discretionary budget authority [BA] primarily to the Department of Defense [DoD], including $128.3 billion to support “overseas contingency operations” in Iraq and Afghanistan. When those war funds are excluded, the bill represents a 4- percent increase in base DoD spending over the 2009 enacted non-emergency level. The reported bill cuts the President’s re... Read more

  • Hiding the Cost of the 'Doc Fix'
    Posted in HBC Publications on July 24, 2009 | Preview rr

    Faced with a Congressional Budget Office [CBO] cost estimate showing a $239-billion deficit increase in their health care bill, the Democratic Majority appears to be trying to make their problem disappear. The discussion below explains the maneuvers the Majority is likely to attempt to get that result; but in the end, the issue is simple. If Congress passes the health care bill including higher Medicare physician payments than scheduled under current law, Federal spending will be a trillion doll... Read more

  • Labor-HHS-Education Appropriations
    Posted in HBC Publications on July 24, 2009 | Preview rr

    The fiscal year 2010 appropriations bill for the Departments of Labor, Health and Human Services, and Education, and Related Agencies provides $715 billion in total budget authority [BA] and $775 billion in outlays. This includes $163 billion in new discretionary BA and $219 billion in budget year outlays. This is an increase of $11 billion in BA, or 7.3 percent, over the enacted (scored) 2009 level, and $53 million below the President’s 2010 request (assuming the administration’s proposed shift... Read more

  • Transportation and HUD Appropriations (H.R. 3288)
    Posted in HBC Publications on July 23, 2009 | Preview rr

    A day after rejecting the use of caps to control discretionary spending, the House Majority is bringing to the floor a 25-percent increase for the fiscal year 2010 Transportation, Housing and Urban Development [THUD] appropriations bill (H.R. 3288). The bill provides $68.9 billion in discretionary budget authority [BA]. This represents an increase of $14 billion in BA above the scored 2009 level, and just $46 million less than the President’s 2010 budget request. The large gap between budget aut... Read more

  • Republican Pay-Go Substitute
    Posted in HBC Publications on July 22, 2009 | Preview rr

    The Republican substitute to the Democrats’ pay-as-you-go [pay-go] bill focuses on the fundamental problem with the budget: spending and deficits. It ensures that Federal spending cannot grow faster than the economy; it establishes a cap on discretionary spending, rather than exempting it as the Democrats do; it rejects the practice of chasing higher spending with higher taxes; and it reduces deficits. The bill assumes the permanent extension of all tax relief provisions enacted in 2001 and 2003... Read more

  • The Democratic Pay-Go Legislation
    Posted in HBC Publications on July 22, 2009 | Preview rr

    SUMMARY The Democrats’ pay-as-you-go [pay-go] bill is an attempt to appear fiscally responsible while they push through an explosion of spending, deficits, and debt. But the bill and the process are deeply flawed. Specifically: It is a needlessly complex rewrite of pay-go, not a simple extension. It extends the Democrats’ dismal track record with pay-go. It is riddled with loopholes, and weakened with broad exemptions. It fails to reduce deficits, and fails to address the existing crisis of enti... Read more

  • The House 'Tri-Comm' Bill: An Update
    Posted in HBC Publications on July 20, 2009 | Preview rr

    The updated cost estimate for the Majority’s health care “reform” only clarifies what previous analyses had shown: the proposal creates a new trillion-dollar Federal health entitlement, initiates a takeover of the health care sector, and offers nothing to moderate the “cost curve” that is making health coverage more difficult for Americans to obtain. It is no wonder the Ways and Means Committee plowed through its markup of the bill last Thursday night, before the cost estimate was completed. Thi... Read more

  • The House 'Tri-Comm' Bill
    Posted in HBC Publications on July 16, 2009 | Preview rr

    Even without a complete cost estimate, the House Ways and Means Committee today plowed ahead with its plan to create a huge new health care entitlement and initiate the government takeover of the health care sector. The bill was developed by three committees that have jurisdiction over health care issues, and often is referred to as the tri-committee, or “Tri-Comm,” bill. What is known about the bill demonstrates its potentially devastating effects. Based on preliminary estimates by the Congress... Read more

  • Finacial Services and General Government Appropriations
    Posted in HBC Publications on July 15, 2009 | Preview rr

    The fiscal year 2010 appropriations bill for Financial Services and General Government (H.R. 3170) provides an increase of 6.4 percent in budget authority [BA] over the regular enacted 2009 level as scored. Its $24.2 billion in discretionary BA is $1.5 billion over 2009, but $78 million less than the President’s request. Discretionary outlays from the measure – which provides funding for the Department of the Treasury, the Executive Office of the President, the Judiciary, the District of Columbi... Read more