News

The Deficit Deal: What It Means for Low-Income Americans

Spotlight on Poverty and Opportunity is tracking the impact of the deficit deal on low-income people. Check back here for up-to-date news and information about key developments.


Resources and Reactions on the Deficit Deal:


American Enterprise Institute:

A Debt Opportunity Deferred, Not Entirely Lost, Alan D. Viard


Brookings Institution:


Good News and Bad News in Debt Limit Deal, William G. Gale, Senior Fellow, Economic Studies

How the U.S. Government Should Stabilize and Reduce National Debt, Bill Frenzel

Super Committee Can’t Tackle Real Debt Problem, Bill Frenzel

Super Committee: Low Expectations, Great Opportunities, Bill Frenzel

WebChat: The Day After the Debt Limit Deadline, Ron Haskins, Senior Fellow, Economic Studies

What Is Next for the U.S. Economy, Post-Debt Ceiling Debate? Karen Dynan, Vice President and Co-Director, Economic Studies


Campaign for Housing and Community Development Funding

Tax Expenditures, Revenue Must Be Considered If Debt Deal is to Spare Those in Greatest Need



CATO Institute:


On Debt Ceiling, Congress Defers Tough Decisions (Cato Institute video)

Budget Deal Doesn't Cut Spending, Chris Edwards

A Deal, Not a Solution, Michael D. Tanner

Debt Deal: Spending in Perspective, Tad DeHaven


Center for American Progress:

Debt Deal Leaves Americans Living in Rural Poverty Behind, Katie Wright

The Deal: CAP Analysis of the Debt Deal

The Choices Still to Be Made in the New Debt Deal, Donna Cooper and Seth Hanlon

The Next Steps on the Debt Deal, Scott Lilly

Whatever Else It Does, The Debt Limit Deal Reduces the Deficit: Newly Passed Budget Control Act Definitely Cuts the Federal Budget Deficit, Michael Linden

Women and Communities of Color Could Suffer from the Super 12’s Lack of Diversity, Julie Ajinkya


Center on Budget and Policy Priorities:

Chairman Ryan Can’t Have It Both Ways on Taxes and the Debt Limit Deal, Richard Kogan


Contrary to Speaker Boehner’s Claim, Budget Deal’s “Supercommittee” Can Consider Revenue Increases, James R. Horney

How the Potential Across-the-Board Cuts in the Debt Limit Deal Would Occur, Richard Kogan

Off the Charts Blog: Budget Cuts No Longer “Abstract”, Paul N. Van de Water

Statement of Robert Greenstein, President, on the New Debt Ceiling Deal

The Most Terrifying Result of the Debt Ceiling Crisis, Robert Greenstein



Center for Economic and Policy Research:


Statement on the Debt Ceiling Deal


What Everyone Should Know About the “Debt Crisis” in the U.S., Mark Weisbrot




Center for Law and Social Policy:


Deficit Reduction: Plans to Reduce the Nation's Deficit Should Protect the Disadvantaged (August Update)




Coalition on Human Needs:

Statement:The Budget Control Act

The Debt Crisis is Averted:  What Happens Next?


Congress:

Bipartisan Agreement Will Slow Down the `Big Government Freight Train’, Senate Minority Leader Mitch McConnell

Camp: Legislation to Prevent Default and Cut Spending is a Victory for the American People, Chairman Dave Camp (R-Mich.)of the U.S. House Committee on Ways and Means

Camp: “Washington Cannot Spend Its Way to Job Creation”, Chairman Dave Camp (R-Mich.)of the U.S. House Committee on Ways and Means

Conrad Statement on Debt Ceiling Package,
Chairman Kent Conrad (D-N.D.) of the U.S. Senate Committee on Budget

Factsheet: Summary of the Revised Budget Control Act of 2011, Speaker of the House John Boehner

Floor Speech on Budget Control Act of 2011, House Minority Leader Nancy Pelosi

In Speech, Hatch Outlines Opposition to Debt Limit Deal, Ranking Member, Senator Orrin Hatch (R-Utah) of the U.S. Senate Committee on Finance

Joint Select Committee Must Put Prosperity for the American People First, House Minority Leader Nancy Pelosi

McConnell Appoints Kyl, Toomey, Portman, to Joint Select Committee on Deficit Reduction, Senate Minority Leader Mitch McConnell

Rogers Praises Plan to End Debt Ceiling Crisis, Chairman Hal Rogers (R-Ky.) of the U.S. House Committee on Appropriations

Reid Announces Appointments To Joint Select Committee On Deficit Reduction, Senate Majority Leader Harry Reid

Ryan: A Response to Gene Sperling, Chairman Paul Ryan (R-Wisc.) of the U.S. House Committee on Budget

Ryan Praises Speaker Boehner's Joint Select Committee Choices, Chairman Paul Ryan (R-Wisc.) of the U.S. House Committee on Budget:

Ryan Statement on Passage of Budget Control Act, Chairman Paul Ryan (R-Wisc.) of the U.S. House Committee on Budget

Senate Bipartisan Compromise Puts The Nation On Track To Fiscal Stability, Senate Majority Leader Harry Reid

Sessions Opposes Debt Limit Bill: Answer is More Accountability, Not Less, Ranking Member, Senator Jeff Sessions (R-Ala.) of the U.S. Senate Committee on Budget

Speaker Boehner Announces Appointments to Joint Select Committee on Deficit Reduction, Speaker of the House John Boehner  

Van Hollen on WTTG: 'We should never have gotten to this point', Ranking Member, Rep. Chris Van Hollen (D-Md.) of the U.S. House Committee on Budget


Congressional Budget Office:

CBO Analysis of August 1 Budget Control Act


Economic Policy Institute:

Debt ceiling deal threatens jobs, economic growth, Andrew Fieldhouse and Ethan Pollack

EPI president critical of proposed debt ceiling deal

The facts support raising revenues from the highest-income households, Andrew Fieldhouse and Isaac Shapiro

The debt ceiling deal’s net impact on jobs, John S. Irons and Hilary Wething

What’s missing from the debt ceiling debate? Jobs, John S. Irons


Equal Voice for Families:

The Impact of the Federal Deficit Reduction on Poor Families


Heritage Institute:

Morning Bell: Our Work Has Only Begun


The Leadership Conference & other signatories:

Unbalanced Deficit Reduction Deal Would Avoid Devastating Default, But Focus Should Be on Job Creation, Investment for the Future

Letter to Senate Majority Leader Reid and House Minority Leader Pelosi: Principles for BCA Joint Select Committee


National Partnership for Women and Families:

Crisis Averted, Now What?, Debra Ness-president


National Women's Law Center:

Five Things You Need to Know About the Debt Ceiling Deal, Julie Vogtman

NWLC Statement On Debt Ceiling Deal

State-by-State Fact Sheets for Super-Committee Advocacy

Unbalanced Debt Ceiling Deal Cuts Vital Programs; Critical Fights Ahead


New America Foundation: 

Early Ed Watch: The Debt Ceiling Agreement and Early Ed, Maggie Severns

Ed Money Watch: House-Passed Budget Resolution May Supersede Debt Ceiling Spending Limits in Appropriations Process, Jennifer Cohen 


SEIU:

No More Raw Deals: Working People Need Leaders to Lead Now


Tax Credits for Working Families:


What the Debt Ceiling Deal Means for Tax Credits for Working Families



The White House:

All About the So-Called "Super Committee," John Carson

Fact Sheet: Bipartisan Debt Deal: A Win for the Economy and Budget Discipline

President Obama on Common Sense Steps to Grow the Economy, Nikki Sutton

Putting Americans Back to Work: President Obama Speaks on the Debt Compromise

Statement by the President



Women on Color Policy Network:

Action Alert: Women Underrepresented on Debt Ceiling Deal Super Committee




The Deficit Deal In the News:

St. Louis Post-Dispatch, September 21, 2012: (Op-Ed) Budget cuts would hurt YWCA programs

“YWCA Metro St. Louis is not known for leaping wildly into political discourse, preferring instead to focus on our 107-year-old mission of empowering women and eliminating racism. However, the current budget debate in Washington requires not only our attention but our voice. No one party is the cause or the solution to poverty. Nonetheless, policies have consequences. We believe there will be dire consequences for those served by our agency if Congress adopts some of the current budget proposals.”

Politico, July 18, 2012: Domestic programs gird for sequester


“But nobody seems to be talking about the other $500 billion in reductions — to Head Start, child care and AIDS programs, as well as many other domestic programs that face across-the-board cuts. The limited lobbying and political attention on the domestic end of the sequester reveals the brutal reality of how Washington works when it comes to budgets: Industries with the biggest companies and the most powerful lobbyists still drive the conversation.”

Reuters, July 1, 2012: Analysis: Jumping off the fiscal cliff

"Obama would 'escape the intractable debate' over the Bush tax cut extensions and come back in early 2013 with legislation that reduces taxes 'disproportionately for middle- and low-income families,' making it hard for Republicans to vote against them."

Politico, May 8, 2012: GOP: Shield Pentagon, cut poverty programs

"Setting the stage for an emotional floor fight Thursday, House Republicans pushed ahead Monday evening with plans to protect increased defense spending without raising taxes, largely by cutting more from domestic programs, including aid to the poor."

Houston Chronicle, May 8, 2012: GOP plan protects Pentagon, cuts social programs

"Moving to protect the military from a crippling wave of budget cuts next year, a key House committee voted Monday to cut instead food aid, health care and social services like Meals on Wheels."

The Hill, May 9, 2012: GOP budget bill to cut youth programs by 'tens of billions', says child advocacy group

"Programs that provide healthcare and nutrition assistance to children would be drastically cut under a budget package from House Republicans, according to a new analysis from a children's advocacy group."

 

Los Angeles Times, May 11, 2012: House approves Republican plan for spending cuts

"'We're hearing lots of comments about how this hurts people, how this hurts the poor,' said Rep. Paul D. Ryan (R-Wis.), the House Budget Committee chairman, who said the rising number of Americans in poverty shows that federal aid programs are not effective. 'Let's go back to the idea of an American opportunity society -- with a safety net that doesn't keep people in poverty, but gets them out of poverty.'"