AN IMPOSSIBLE SITUATION
A LOOK AT THE U.S. BUDGET CRISIS
No viable solutions are in sight by either party.
CBO Budget Outlook Report 2011-2021 (PDF)
FISCAL YEAR 2011 DEBATE IN 2011
OBAMA BUDGET PLAN FY 2012
Press Release for the 2012 Budget Proposal
President Obama's 2012 Budget Proposal (pdf file)
White House Blog - A Budget That Meets Two Goals
White House Blog - President Obama Responds to Budget Criticism
Republican Remarks:
House Appropriations Chairman Hal Rogers
Republican National Committee Chairman Reince Priebus
Democrat Remarks:
Senate Majority Leader Harry Reid
REPUBLICAN BUDGET PLAN FY 2011
For the first time in history, the 2009-2010 (Democratic) Congress
failed to pass a single
appropriations bill or even a federal budget.
This has allowed the new GOP-led House of Representatives to
attempt
to make huge cuts in federal spending for the current fiscal
year.
US House of Representatives Committee on Appropriations 2011 Continuing Resolution
Committee
on Appropriations Chairman Harold Rogers To Cut $100 Billion in the 2011
(Official press release)
The 2011 Continuing Resolution (pdf file)
(Detailed list of proposed cuts.)
Commentary
Off The Charts: Proposed House GOP Non-Security Discretionary Cuts:
Deeper Than They Appear
Grist: House Republican Budget Cuts Would Strangle Innovation
Scientific American - US Science Agencies Targeted for Budget Cuts
Republican Remarks:
House Appropriations Committee Introduces CR: Contains Largest Spending Cuts in History
Democrat Remarks:
House Appropriations Committee Ranking Member Norm Dick - The Republican Budget: A One Dimensional Approach
Commentary on Budget
Breakthrough Institute: Can Federal Investment Reduce the Budget
Deficit?
Green
Scissors - Environmental Budget Cuts
The Heritage Foundation - Responsible Budget Cuts
Robert Reich: The
Obama Budget
Wired: Obama's 2012 Budget Brings Pains, Gains for Science
The Washington Post: In His New Budget, Obama Kicks the Can Down the
Road One More Time
Washington Post's 2011 Spending Tables by Subcommittee
Politico - Budget 2012: Obama v.s House Republicans
Off The Charts: Proposed House GOP Non-Security Discretionary Cuts:
Deeper Than They Appear
Grist: House Republican Budget Cuts Would Strangle Innovation
Scientific American - US Science Agencies Targeted for Budget Cuts
Grist: Budget Posturing is a Game, and The Left is Losing
Natural Resources Defense Counsel - Budget Cuts and Innovation
Learning First Alliance - Budget Cuts and Education
Center for Budget and Policy - Impact of Budget Cuts on Public
Health
Defenders of Wildlife - Clean Air,Water, Environmental Protection on
GOP Chopping Block
Campaign for America's Future - Conservative Budget Lunacy
Where Your Taxes Go: A Visual Guide
UC
Santa Cruz - Wealth Distribution in America
Comparison of International Tax Rates
Congressional Budget Office: Baseline Budget Outlook (January 2011)
CBO Budget Outlook Report 2011-2021 (pdf file)
| Fiscal Year | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|
Projected Deficit (in billions) |
1,480 | 1,100 | 704 | 533 | 551 | 659 | 617 | 610 | 696 | 739 | 763 |