Fiscal Year 2007 Housing Budget

The FY 2007 HUD budget accelerates a five year effort by the Bush Administration to dismantle critical HUD programs, to make deep funding cuts in these programs, and regretfully, to target these cuts to our most vulnerable low-income families, seniors, and disabled persons. Democratic members have fought to preserve these critical HUD programs, and will continue to fight devastating and unnecessary spending cuts to these programs.

 

Democrats regret that the Bush Administration is more interested in handing out large tax cuts that are disproportionately tilted to the wealthy than ensuring the survival of programs that are essential in taking care of the needs of the most vulnerable members of our society.

 

 

Click here to read the Additional Housing Views of Financial Services Committee Democrats.

 

Click here for a fact sheet prepared by Committee staff on the cuts to housing programs in Bush's FY 2007 Budget.

 

Click here for a February 14, 2006 press release on the Administration's failure to list large cuts to housing and community development programs.

 

Click here for a February 9, 2006 press release on Democrats blasting the proposed cuts to Rural Housing Programs.

 

Click here for a February 6, 2006 press release on Bush's Budget "Making the Worst Worse".