New Voices report on Obama’s budget
President Obama last week released his proposed federal budget. Today Voices presents its analysis of the president’s budget, an in-depth look at how children fare under Obama’s spending blueprint.
To be sure, Obama is under tremendous pressure to cut spending and curb the national debt, but by and large the president protects services for children, especially those in severe need, and even offers some new investments in the next generation. President Obama manages to squeeze in an additional $300 million for Race to the Top, the federal program that awards grants competitively to the school districts that best innovate in their teaching; increased funding to implement the important health care reform legislation passed in 2010; and permanently extends vital support for families through the Earned Income Tax Credit, the Child Tax Credit and the Child and Dependent Care Tax Credit.
However, Voices was disappointed to see cuts in the Community Service Block Grant, which helps communities address poverty, of $327 million. A slash of $400 million for the Low-Income Energy Assistance Program is also bad news for economically struggling families, especially as the cost of oil continues to increase.
Learn more about how the president’s budget affects the programs that children and families depend on in our full report.
Comments
March 6, 2012 at 6:40 am by DunIt would be nice if you at least pretended to be ntrueal. Media apologists? Stimulus spending binge? And then you pretend that the deficit for 2007 before the recession shows how reasonable the Bush budgets were, but of course it’s the recession that has made the budget deficits soar more than any other thing. (Similarly, it’s not that Clinton’s budget surplus was because of his amazing fiscal abilities; he lucked into soaring revenues in a boom economy.) Finally, you are ready to throw Obama off the cliff because the federal debt is predicted to go up 100% in 10 years, not mentioning that it went up 180% (180%!) in Reagan’s 8 years. Reagan’s doing worse doesn’t make Obama better, but it is good to have perspective. I came here looking for another perspective on a graph circulating among liberal friends that shows Obama and Clinton’s raising the debt less than any Republican Prez in 30 years. I don’t trust that graph because it seems “too good to be true” from a liberal perspective, so I wanted to find an alternate voice. Apparently, this wasn’t a much more trustworthy location.
March 26, 2012 at 2:01 pm by Zara TateI find it very odd that you go on about all that Obama’s budget offered for children yet you do not mention that he proposes eliminating all funding for victums of child abuse. Do you just not see that as an important issue for our children?
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