Friday, March 10, 2006

President Bush's Budget Priorities

A sampling of what the Bush cuts would mean for real families if they are implemented:

* Hunger would increase: 300,000 people would lose their food stamps during the next five years. Moreover, 40,000 children would lose eligibility for the school lunch program.

* Working moms would pay the price: Roughly 400,000 children would be left without child care assistance during the next five years, according to the Center on Budget and Policy Priorities. This would be a crushing blow for families trying to work themselves out of poverty.

* Millionaires get richer: We have nothing against people who have worked hard and use their talents shrewdly. But cutting programs such as food stamps while offering $639 billion in tax cuts during the next 10 years to people who make more than $1 million - as the Center on Budget and Policy Priorities reports - is not only fiscally unsound, it's morally bankrupt.

Realism on Budget Impacts

Resist spin and manipulation with quality analysis from the Center on Budget and Policy Priorities

The Center on Budget and Policy Priorities is one of the nation’s premier policy organizations working at the federal and state levels on fiscal policy and public programs that affect low- and moderate-income families and individuals.

The Center conducts research and analysis to inform public debates over proposed budget and tax policies and to help ensure that the needs of low-income families and individuals are considered in these debates. We also develop policy options to alleviate poverty, particularly among working families.

In addition, the Center examines the short- and long-term impacts that proposed policies would have on the health of the economy and on the soundness of federal and state budgets. Among the issues we explore are whether federal and state governments are fiscally sound and have sufficient revenue to address critical priorities, both for low-income populations and for the nation as a whole.

Over the past two decades, the Center has gained a reputation for producing materials that are balanced, authoritative, accessible to non-specialists, and responsive to issues currently before the country. Our materials are used by policymakers and non-profit organizations across the political spectrum, as well as by journalists from a variety of media outlets.