FY '05 Budget

FY '05 Budget - Misplaced Priorities

UPDATED - 11/30/2004

“I could not vote for a bill that guts our nation's educational, health care and law enforcement needs and attacks a woman's right to choose. This bill, which also allows congressional staffers to scrutinize and examine the personal tax returns of any American without any justification whatsoever, is not worthy of support."

SCHAKOWSKY SAYS AFTER

BUDGET VOTE: "REPUBLICANS VALUE TAX CUTS

FOR THE RICH OVER MEETING THE NEEDS OF MOST AMERICANS"

WASHINGTON, D.C. – (Mar. 25, 2004) U.S. Representative Jan Schakowsky (D-IL) today blasted the Republican FY’05 budget and called it indefensible. Schakowsky added that Republicans “value tax cuts for the wealthy over meeting the needs of most Americans.”

(Click for Full Statement)

New Analysis:

►(Mar. 24, 2004) Side by Side - GOP VS. DEMOCRATIC BUDGETS: A QUESTION OF PRIORITIES

►(Mar. 24, 2004) Fact Sheets for House Consideration of the 2005 Budget (From the HOUSE BUDGET COMMITTEE Democratic Caucus) (.pdf)

► (Mar. 22, 2004) The Bush Budget Shortchanges African Americans

► (Mar. 22, 2004) Fact Sheet: Republican Budget and Veterans:
Republican Budget Shortchanges America's Veterans and Members of the Armed Forces. Provided by the Office of Democratic Leader Nancy Pelosi (D-CA).

BUSH ADMINISTRATION’S MISSTATEMENT OF THE DAY – THE BUDGET

(Mar. 25, 2004) Speaking to the United States Hispanic Chamber of Commerce yesterday about the No Child Left Behind Act, President Bush said: “There’s money in the federal budget to provide the extra help” to local school districts to pay for the mandates under the law.

But when President Bush proposed his budget in February, he underfunded the No Child Left Behind Act by $9.4 billion, while House Republican budget shortchange the law by $8.8 billion in their budget.

The Democratic budget, however, over ten years, provides $51.4 billion more in appropriations than the President’s budget for education, training, and social services. This additional funding in the Democratic budget can support the important programs under the “No Child Left Behind” Act. For example, the Democratic budget can provide additional resources for Title I (Education’s largest program that helps students meet new, strong student achievement standards), programs to improve teacher quality, and reading programs, among others.

BUSH ADMINISTRATION’S MISSTATEMENT OF THE DAY–
THE BUDGET

(Mar. 23, 2004) Speaking about his proposed budget, President Bush called on “…Congress to be wise with the taxpayer's money,” and added that his Administration will work with Congress “to bring fiscal discipline to the appropriations process…” (February 2, 2004)

However, according to an analysis by the Center on Budget and Policy Priorities (CBPP), the budgets proposed by President Bush and House Republicans are not “wise with the taxpayer's money.”

According to reports by the CBPP, a provision in President Bush’s budget to make the tax cuts permanent would cost “approximately $2.2 trillion over the next 10 years,” while “…the [House Republican] plan increases deficits by $1.5 trillion … as a result of the plan’s large tax cuts and defense spending increases.”

(Click for Full Misstatement)

►House Democrat Budget Watch

(Feb. 27, 2004) Deep, Widespread Cuts In Domestic Programs Over Next Five Years Under Administration Budget

(Feb. 27, 2004) Fact Sheet: Broad Cuts In Domestic Programs After 2005 Under Administration Budget

(Feb. 27, 2004) Report: CONCENTRATING ON THE WRONG TARGET: Bush Cuts Would Reduce Domestic Discretionary Spending, As A Share of GDP, To Its Lowest Level in 46 Years

(Feb. 27, 2004) Administration's Budget Would Cut Heavily Into Many Areas Of Domestic Discretionary Spending After 2005

(Feb. 25, 2004) New Analysis: Bush Budget Threatens Deep Cuts in Public Housing

Bush Administration’s Misstatement of the Day – Budget

(Feb. 4, 2004) During his opening statement today before the House Ways and Means, Secretary of the Treasury said:

I believe you’ll find that this budget reflects the priorities of our nation as well as the leadership of President George W. Bush.

However, the Bush budget cuts funding for veterans health, housing, job training and other national critical priorities.

(Click for Full Misstatement)

►Instant Analysis of the President's Budget (.pdf)

►Article: 2/04/2004
White House Lists Programs It Wants to Cut
Washington Post

►Article: 2/03/2004
Bush Budget Unkind to State
Chicago Tribune

Schakowsky Blasts President Bush’s Budget as Dishonest and Political

CHICAGO, IL – (Feb. 2, 2004) U.S. Representative Jan Schakowsky (D-IL) joined U.S. Representative Rahm Emanuel, seniors, veterans, housing advocates and others to denounce President Bush’s budget, which was delivered today to Congress.

(Click for Schakowsky's Statement)

FY '05 Budget Fact Sheets

(Feb. 12, 2004) FACT SHEET: Irresponsible Bush Budget Hurts Young Americans

(Feb. 12, 2004) FACT SHEET: Bush Budget Undermines Retirement Security

(Feb. 12, 2004) FACT SHEET: Irresponsible Bush Budget Hurts Seniors

(Feb. 6, 2004) FACT SHEET: Irresponsible Bush Budget Hurts Hispanic Families

(Feb. 6, 2004) FACT SHEET: Irresponsible Bush Budget Hurts Pacific Islanders and Asian Families

(Feb. 6, 2004) FACT SHEET: Irresponsible Bush Budget Hurts African American Families

(Feb. 6, 2004) FACT SHEET: Irresponsible Bush Budget Hurts Women

(Feb. 6, 2004) Summary and Analysis of FY05 Budget from Rep. John Spratt - Ranking Democratic Member - House Budget Committee

(Feb. 4, 2004) FACT SHEET: Bush Budget Shortchanges America’s Veterans

(Feb. 4, 2004) FACT SHEET: Bush Budget Undermines Clean Air, Clean Water, Open Spaces

(Feb. 4, 2004) FACT SHEET: Bush Education Budget Breaks Promise to Parents and Children

(Feb. 4, 2004) FACT SHEET: Bush Budget Keeps America Mired in Jobless Recovery

(Feb. 4, 2004) FACT SHEET: Bush Budget Fails to Lower Health Care Costs For Americans

(Feb. 4, 2004) ANALYSIS OF THE PRESIDENT’S NEW BUDGET: From the Center on Budget and Policy Priorities (.pdf)

(Feb. 2, 2004) FACT SHEET: Irresponsible Bush Budget Reflects Distorted GOP Priorities

(Feb. 2, 2004) FACTS: The 2005 Budget & Military Spending

(Feb. 2, 2004) FY 2005 Bush Budget Shortchanging Education and Children - Again!

(Feb. 2, 2004) FY 2005 Bush Labor Budget - No New Jobs, and Less Job Training

(Feb. 2, 2004) Bush Administration Housing Cuts in FY 2005 Budget

Bush Administration’s Misstatement of the Day –
Budget

(Feb. 2, 2004) In his budget message to Congress, President Bush said:

“…this Budget addresses the needs of a great and compassionate Nation, whose values are strong, and whose institutions of hope are enduring.”

However, according to a report compiled by the House Democratic Leader entitled “Irresponsible Bush Budget Reflects Distorted GOP Priorities,” the Bush budget does not address our nation’s needs.

(Click for Full Misstatement)