The Progressive

NewsWire

A project of Common Dreams

For Immediate Release
Contact:

Jo Comerford, NPP
413.559.1649 or Jo@nationalpriorities.org

NORTHHAMPTON, MA

National Priorities Project offers four detailed analyses of President Obama's $3.7 trillion budget for Fiscal Year 2012 focused on: expenditures, revenue and deficits, the impact of federal spending on the states and a detailed FY2012 budget overview with a selection of actual and projected revenue and spending charts.

Findings include:

  • Deficits are more about revenues than spending
  • The recession is a major contributor to the near-term growth of mandatory spending
  • More jobs, more growth projected
  • Domestic programs capped and cut
  • Defense spending experiences slowed growth
  • The economy demands the continued evolution of healthcare policy
  • Changes to federal aid-to-states (data for 33 programs available and downloadable)

FY2012 Spending in Historical Perspective

What's inside?

  • Bar Chart - compares actual FY2008 (last year before the recession) to estimated FY2011 and proposed FY2012
  • Federal Budget Pie Chart - shows percentages of spending for Mandatory, Discretionary and interest owed on the national debt

FY2012 Revenues and Deficits in Historical Perspective

What's inside?

  • Bar Chart - breaks out FY2000 to FY2012 federal revenue and borrowing
  • Pie Chart - details projected FY2012 revenues by source
  • Note: these features contain embedded information that is accessed by scrolling over each bar or pie slice.

Federal Spending at the State Level

What's inside?

  • Fully Downloadable Table - presents state-level funding for thirty-three federal programs, including Medicaid, SNAP, CHIP, LIHEAP and public housing
  • View by state or program
  • Compares FY2010 actual spending with FY2011 estimated spending and FY2012 proposed spending
  • Click on the program to find out more about what it funds

The President's Budget Unveiled

What's inside?

  • Analyses - a complete overview of President Obama's proposed budget highlighting salient points and offering key questions to consider
  • Revenue and Spending Charts - a selection of actual and projected revenue and spending information in easy-to-understand chart formats

The National Priorities Project (NPP) is a 501(c)(3) research organization that analyzes and clarifies federal data so that people can understand and influence how their tax dollars are spent. Located in Northampton, MA, since 1983, NPP focuses on the impact of federal spending and other policies at the national, state, congressional district and local levels. For more information, go to https://nationalpriorities.org.