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Pork, Perspective and the Federal BudgetGet Email Alerts
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By ScottBittle on April 3rd, 2008
Pork-barrel spending has been a Washington tradition since, well, since back when people still bought pork products by the barrel. And to prove it, the new Congressional Pig Book is out from Citizens Against Government Waste. By their count, there were 11,610 projects that met CAGW's definition of pork, at a cost of $17.2 billion. Have a look yourself and see which project angers you most; the list includes such things as $3 million for First Tee, a program to build character through golfing; $1.9 million for the Charles Rangle Center for Public Service and $742,764 to olive fruit fly research. But the big picture question is how much impact this has on the federal budget. And if you look at the numbers, the answer is "surprisingly little." The $17.2 billion in pork is a lot of money, certainly, but it's not that much in a total budget of $3.1 trillion. On it's own, cutting out pork won't even balance the budget (the White House projected a $400 billion deficit this year). And this is tiny compared to the long-term problems facing Medicare, Medicaid and Social Security. So why should we care about this part of politics-as-usual? In a word, trust. Most budget experts will tell you fixing the long-term problems involve controlling health care costs and coping with the retirement of the baby boomers. And that's going to require big, jarring change -- including, very likely, tax increases or spending cuts. But you're not going to be able to push those kinds of changes through without the public's support. And why should people make sacrifices if Washington is still handing out money to fruit fly research or the Lobster Institute? The public opinion research we've done for Facing Up suggests that people are capable of grasping the budget problem and at least willing to consider tough choices to solve it. But they're hesitant to work on solutions unless they're convinced that the government is spending their money wisely. Right now, however, surveys show the public thinks up to half of every tax dollar is wasted. So pork projects may be costing the government far more in public trust than they are in money. 2 comments on this entry
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Changing Expectations
»A new report finds the main problem in getting the public to deal with our fiscal problems isn't opposition to tax increases or spending cuts -- it's their lack of trust in the government to spend their money wisely. |
Re: Pork, Perspective and the Federal Budget
The Budget of the United States Government is a federal document that the President submits to the U.S. Congress. The President's budget submission outlines funding recommendations for the next fiscal year, which begins on October 1st. Congressional decisions are governed by rules and legislation regarding the federal budget process. House and Senate Budget committees each develop budget resolutions, which provide spending limits for the House and Senate Appropriations Committees' subcommittees, which then approve individual appropriations bills to allocate funding to various federal programs. Meanwhile, New home sales have taken the first upward turn in months. New home sales and housing starts have both increased in the last month, and the evidence suggests that it isn't just the typical post winter bump. More people are responding to the drastic drop in prices, and getting personal loans to obtain a new home or first home. Economists are pointing to a rebound of demand since the supply has dramatically increased, and prices subsequently dropped to far more competitive levels. The forecast of gloom and doom hasn't subsided completely, but stock market and new home sales rebounds indicate that we might be almost out of the woods.
Re: Pork, Perspective and the Federal Budget
Voters are short sighted Pork barrel spending is not something that is going to stop over night. Voters are happy to lend their political support in return for spending that is going to benefit themselves or their local community.
Bead Stalk