Budget Matters Blog

Entries By Chris Hellman


Millions of Workers Facing Loss of Unemployment Benefits

This week’s headlines from Washington have focused on an end of year budget deal that would avoid a federal government shutdown and the expiration of a temporary reduction in workers’ Social Security payroll deductions. Two important issues, to be sure, but left somewhere in the dust is another and arguably ...


Announcing Per Capita Spending Data

We’re happy to announce that our expenditure datasets now include per capita numbers. In other words, you can see the amount of money spent for each person who lives in a state or county. Why is this important? Below is a map of federal food stamp spending in FY 2010. ...

Let's Make a Deal – Or Not

With its Nov. 23 deadline looming, members of the congressional “Super Committee” have a range of options as they try to find at least $1.2 trillion in deficit reduction over the next decade. Here are some of the possibilities:A Grand Bargain:  President Obama and House Speaker John Boehner tried negotiating ...

Budgeting by CR – Déjà Vu All Over Again

Just like last year, the new fiscal year began on October 1, 2011 with no federal budget in place. And just like last year, the U.S. government is being funded through a Continuing Resolution (CR) – temporary spending legislation that provides funding at current levels for any federal agency whose ...

New Study: Income Gap Grows

According to the Congressional Budget Office (CBO) between 1979 and 2007 income for the top 1 percent of households grew by 275 percent. The next 19 percent of households saw their income grow by 65 percent. Income grew 40 percent for the next 60 percent of households. The bottom 20 ...

How Safe Are You? What Almost $8 Trillion in National Security Spending Bought You

NOTE: This article originally appeared on TomDispatch.com.The killing of Osama Bin Laden did not put cuts in national security spending on the table, but the debt-ceiling debate finally did. And mild as those projected cuts might have been, last week newly minted Secretary of Defense Leon Panetta was already digging ...

“Mr. Gates, Please Bring Your Checkbook”

That’s the message that U.S. Defense Secretary Robert Gates got from President Hamid Karzai when he visited Afghanistan in December 2009. At that time, President Karzai told Sec. Gates that the Afghan government would not be able to shoulder the costs of the nation’s new security forces – both national ...

The Bush Tax Cuts: 10 Years Later, Still Expensive And Ineffective

That's the conclusion of a new analysis by the Economic Policy Institute (EPI), in a report released last week: "Tenth Anniversary of the Bush-Era Tax Cuts: A decade later, the Bush tax cuts remain expensive, ineffective, and unfair."According to EPI's website, their mission "is to achieve shared prosperity by raising ...

U.S. Security Spending Since 9/11

Last week NPP published "U.S. Security Spending Since 9/11," an analysis of total federal spending on defense and homeland security since the terrorist attacks of September 11, 2001. The key findings of the report were:The United States has spent more than $7.6 trillion on defense and homeland security since the ...

Budget Group Identifies at Least $1 Trillion in Common-Ground Deficit Reduction Measures

A new analysis by the Committee for a Responsible Federal Budget (CRFB) has identified between $1.1 trillion and $2.6 trillion in possible deficit reduction measures that are common to most or all of four of the major deficit reduction proposals circulating in Washington.CRFB found "significant overlap" among the fiscal plans ...