The 2015 Budget

Executive Summary

America is at a fiscal crossroads.  As Congress debates the budget for Fiscal Year 2015, many difficult but necessary choices will have to be made. But the proposals put forth by the Republicans highlight the wrong priorities by deeply cutting vital programs like Medicare, Medicaid, education, job training, and transportation to pay for tax cuts that greatly benefit the wealthy.  The most vulnerable in our nation have been hit hardest by the Great Recession and the House Republican Majority’s proposals do little to address this problem.

The Congressional Black Caucus (CBC) has a long history of submitting fiscally sound and morally responsible alternatives to budgets proposed by both Republican and Democratic presidents and House majorities. The CBC Alternative Budget for Fiscal Year 2015 continues this tradition by putting forth a plan that reduces the deficit and alleviates harm inflicted by austerity measures in a responsible and fiscally sound manner. Furthermore, this budget increases economic opportunities by investing in education, infrastructure, housing, job training and through modernization of our military. In addition, the CBC Budget protects and enhances the social safety net that continues to save millions from poverty. The CBC Budget proposes significant investments in these functions to accelerate our economic recovery and to ensure our recovery is felt in every community in America.

Read CBC Chair Marcia L. Fudge’s statement on the CBC’s Alternative Budget.

• Download the Congressional Black Caucus’s Alternative Budget.
• Download highlights from the Congressional Black Caucus’s Alternative Budget.
• Watch Congressional Black Caucus Members advocate for the CBC Alternative Budget.