In Theory, an Easy Budget Year

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Presentation transcript:

In Theory, an Easy Budget Year Federal Budget Briefing for Hawaii August 6, 2018

Pieces of the pie $ in billions Federal Outlays, FY 2016 $ in billions Source: OMB Historical Tables, FY 2018

Framing the issues President’s budget FAA BBA TANF Budget resolution FY 2019 Budget Expiring Programs President’s budget BBA Budget resolution Appropriations FAA TANF Farm Bill Cats and dogs Opioid response Infrastructure? Or not? November election

BBA has broad reach Discretionary caps Side agreement for extra funding Mandatory sequestration Disaster relief Debt limit suspension (March 2019) HHS programs Budget reform committee

BBA made budgeting easy

Side agreement funding

$2+ billion in new spending

President, Congress out of sync President’s budget on the sidelines BBA to serve as budget resolution House acted for political purposes Senate will stick with BBA No budget resolution, no reconciliation November election an important backdrop

House, Senate out of sync too

Lots of individual progress

House, Senate actions of note Jim Martin table has details Few eliminations, targeted reductions Reductions more likely in House Lots of programs level funded FY 2018 priorities remain: opioids, child care, infrastructure, etc. (from side agreement)

Other agenda items Opioids Medicaid, new grants, grant reauthorizations Major differences between House and Senate bills Farm Bill Expires 9/30/18 Conference: SNAP work rules, eligibility, performance bonuses TANF House bill: work requirements, outcomes, limits on how states spend funds Others FAA, Perkins, water resources, public health preparedness, government reorganization

What’s in play? FY 2019 appropriations Higher caps Most progress in years May enact a few spending bills; CR likely Other stuff… Supreme Court nomination Opioids: likely Farm Bill, TANF: require bipartisan support Election-year budgeting is always tricky

Spending Frenzy + Tax Cuts =

FFIS resources FY 2019 national totals: Jim Martin Table Opioids: Issue Brief 18-26 Supplemental highway funding: Issue Brief 18-18 New spending: New Grants Tracker Appropriations updates on the FFIS website

Questions? Check for updates: www.ffis.org