Performance Budgeting and Management White Papers
Federal Budget Update: Fiscal 2006 Executive Proposal Targets Discretionary Spending; States May Carry Heavy Impacts
Overview The nearly $2.6 trillion fiscal 2006 budget proposal released reflects a small decrease in non-defense, non-homeland security discretionary spending. But when the proposed increase in international aid is factored in, domestic discretionary spending decreases by approximately 3 percent, and is proposed to remain flat through 2010. The proposal also does not include costs for the Iraq war, the Social Security overhaul, or changes to the alternative minimum tax. In particular, proposals include $60 billion in Medicaid savings over ten years, the consolidation and reduction of many economic development-related programs, the elimination of 150 other programs, including many administered by the Department of Justice, and cutting nearly all of Amtrak's operating subsidies.
| Publisher | National Association of State Budget Officers | File Format | |
|---|---|---|---|
| Date Published | February 2005 | ||
| Format | White Papers | ||
| Topics | |||
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