Federal Budget

Center on Budget and Policy PrioritiesIssue Spotlight: Stabilizing the Federal Deficit

Policymakers could stabilize the debt (so it stops rising as a percent of the economy) over the latter part of the decade with about $900 billion in further deficit savings, according to calculations by the Center on Budget and Policy Priorities.

Deficit Reduction: Read the Center's Full Report on Federal Deficit Reduction

Federal Government Budget Debate: Get the Latest on Other Federal Budget Policy Issues from the Center

Browse Federal Budget Publications Below

August 11, 2010

A day after Congress approved an extension of FMAP funds and an education jobs fund, Governor Ed Rendell announced more budget cuts are on the way in Pennsylvania.

August 10, 2010

The U.S. House of Representatives voted 247-161 on Tuesday to provide $26 billion in additional federal assistance to the states. For Pennsylvania, that means $600 million in additional FMAP funds and $388 million in funding to keep teachers in the classroom.

July 10, 2010

The 2010-11 state budget relies on $850 million in enhanced federal FMAP funding for public health and human services that is in jeopardy. View Congressional district fact sheets detailing the impact of FMAP and the critical health services it funds on the lives of Pennsylvanians.

June 4, 2010

Last week, the U.S. House of Representatives approved a jobs bill after stripping out a six-month extension of federal assistance to states for health care costs. Learn more and take action to prevent deep cuts to health and human services.

April 15, 2010

Today marks the annual income tax deadline, and nearly every working Pennsylvanian and working American is getting a tax cut, thanks to the American Recovery and Reinvestment Act.

May 22, 2009

An obscure business tax break in the federal economic recovery package could cost Pennsylvania and most other states billions of dollars over the next few years, but lawmakers can take simple steps to prevent the loss, according to a report from the Washington, D.C.-based Center on Budget and Policy Priorities.

March 3, 2009

Nearly 99% of all American households would see no impact from a plan in President Obama's 2010 budget limiting the tax deduction wealthy families can claim for charitable giving.

January 15, 2009

Federal policymakers crafting an economic stimulus package should take a page from recent analyses by the Center on Budget and Policy Priorities by focusing the package on aid to hard-hit families and budget-strapped states.

Monthly archive