House GOP Budget Committee Just Passed Their FY2017 Budget Proposal

628The House GOP-dominated Budget Committee held 9 hour markup, with several lawmakers going hoarse and one losing her voice. Democrats offered up 29 amendments, involving immigration reform, prescription drug prices, and equal pay. Every amendment failed, including one proposed by Rep. Debbie Dingell [D, MI-12] that would have designated $457.5M in emergency funding for Flint and required Michigan to match the federal funds. The budget advanced 20-16, with Democrats voting against and all but one Republican voting for the measure. Here’s their summary:

Balances the Budget

  • Balances the budget within 10 years – without raising taxes – and puts the country on a path to paying off the national debt
  • This budget achieves $7 trillion in deficit reduction over ten years through a combination of $6.5 trillion in savings coupled with economic growth
  • Savings are higher than any previous House Budget Committee proposal and discretionary spending is below 2008 levels
  • Requires consideration of legislation this year to achieve at least $30 billion in automatic spending reductions and reforms over the near term
  • Advances budget process reforms to promote fiscal discipline, and calls for a vote on a Balanced Budget Amendment this year

Strengthens Our National Defense

  • Provides for greater security at home and strength abroad at funding levels above the president’s budget and with increased resources for training, equipment and compensation
  • Supports the bipartisan prohibition on closing the Guantanamo Bay detention facility and transfer of detainees to American soil
  • Identifies vulnerabilities in our nation’s refugee program and calls for oversight and rigorous screening
  • Calls for an improved and accountable Department of Veterans Affairs that can better deliver services and benefits to our veterans

Empowers Our Citizens & Communities

  • Promotes job creation and a healthier economy by calling for a fairer, simpler tax code, regulatory reform, expanded energy production, and a more efficient, effective and accountable government
  • Repeals all of Obamacare (Patient Protection and Affordable Care Act)
  • Endorses patient-centered health care solutions that improve access to quality, affordable care (but does absolutely nothing to assure access to insurance nor does it rein in health care costs)
  • Saves, strengthens, and secures Medicare for current and future retirees (read the Q&A carefully as to HOW they intend to do that)
  • Empowers states and local communities with the flexibility to innovate and make improvements to Medicaid, nutrition assistance, education and other programs
  • Strengthens the Disability Insurance program by putting an end to the “double-dipping” loophole that currently allows individuals to receive both unemployment insurance and disability insurance simultaneously
  • Puts an end to corporate welfare and dismantles the Department of Commerce [that would mean they intend to help balance the budget by issuing pink slips to 43,000+ employees and ending measuring services like: Bureau of Economic Analysis (BEA), Bureau of Industry and Security (BIS), U.S. Census Bureau (Census), Economic Development Admin (EDA), Economics and Statistics Admin (ESA), International Trade Admin (ITA), Minority Business Development Agency (MBDA), Natl Institute of Standards and Technology (NIST), Natl Oceanic and Atmospheric Administration (NOAA), Natl Technical Information Service (NTIS), Operation Natl Telecom & Information Admin (NTIA), and United States Patent and Trademark Office (USPTO).

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Bunk! Baloney! Hogwash!

— by Robert Reich, Chancellor’s Professor of Public Policy at the University of California at Berkeley; Secretary of Labor in the Clinton administration.

I keep on debating right-wingers who tell me the economy is working for everyone, that widening inequality isn’t really a problem, that the rich are using their wealth to generate growth and jobs — and that therefore supply-side “trickle-down” economics — starting with Reagan’s giant tax-cuts on the rich and continuing through George W. Bush’s tax cuts on the rich — has been a huge success. Baloney. Yesterday’s Census Bureau report reveals just the opposite.

MIDDLE-CLASS SHARE OF TOTAL INCOME DROPPING: The middle 60 percent of households took home only 45.7 percent of the nation’s income in 2012, the same percent it took home in 2011 and well below the 53.2 percent it used to take home in 1968.

TYPICAL HOUSEHOLDS ARE LOSING GROUND. The average under-65 household in the United States has lost $7,490 in annual income since the year 2000. In 1989, the median American household made $51,681 in current dollars; In 2012, $51,017. That means that 24 years ago, a middle class American family was making more than the a middle class family was making one year ago.

ALMOST ALL THE GAINS HAVE GONE TO THE TOP. Between 1967 and 2012, the average income of the top 5 percent grew by 88.2 percent in real terms, or three times the 26.6 percent growth experienced by the middle 60 percent.

Get it? Supply-side economics has been one of the biggest failures in American history. It’s a cruel hoax – a hoax because nothing has trickled down, cruel because it has imposed extraordinary hardship on millions of Americans.


Time Magazine named Robert Reich one of the ten most effective cabinet secretaries of the twentieth century. He has written thirteen books, including the best sellers “Aftershock” and “The Work of Nations.” His latest, “Beyond Outrage,” is now out in paperback. He is also a founding editor of the American Prospect magazine and chairman of Common Cause. His new film, “Inequality for All,” will be out September 27.   Here’s the trailer for that film: