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FY 20 budget

PW
Peter Waite
Mon, Feb 4, 2019 10:49 PM

Here is the latest on the release of FY 20 from the administration.

No big surprises in this assessment.

As Jeff has pointed out this draft is likely DOA but once again will point to the priorities of the administration.

FY'20 BUDGET:
President Trump will release portions of his FY'20 budget the week of March 11.  The White House Office of Management and Budget will issue the main budget volume containing the president's budget message, top priorities and summary tables during the week of March 11.  The remaining materials will be released the week of March 18.  These include the appendix, which contains detailed line-item information for each agency; "major savings and reforms" volume, which details proposed cuts to mandatory and discretionary programs; and analytical perspectives document, which contains information on a variety of topics ranging from the long-term budget outlook to funding priorities that cut across several agencies like research and development.

Sources are saying that the budget will propose higher defense spending than allowed under the statutory caps which go back into effect in fiscal 2020. Previously, administration officials have floated figures as high as $750 billion, or 30 percent higher than next year's limit, though it's unclear how much of that figure would be Overseas Contingency Operations funds exempt from the caps.  The budget will also
propose that nondefense spending be held at the level of next year's nondefense cap, which is $55 billion or 9 percent below FY'19 levels. That would be in keeping with past Trump budget requests.  Congressional leaders are expected to try to negotiate another deal with the president to raise the defense and nondefense caps, preventing a drop in allowable discretionary spending in FY'20

PETER A. WAITE |  Senior Vice President


ProLiteracyhttp://www.proliteracy.org/  |  101 Wyoming Street |  Syracuse, NY 13204
p 315.214-2460 |  f 315.422.6369 | pwaite@proliteracy.orgmailto:pwaite@proliteracy.org

Find us and follow us on Facebookhttp://www.facebook.com/pages/ProLiteracy/59618669707 and Twitterhttp://twitter.com/#!/_ProLiteracy_.
Help ProLiteracy advance the cause of adult literacy.http://www.proliteracy.org/NetCommunity/Page.aspx?pid=971

Here is the latest on the release of FY 20 from the administration. No big surprises in this assessment. As Jeff has pointed out this draft is likely DOA but once again will point to the priorities of the administration. FY'20 BUDGET: President Trump will release portions of his FY'20 budget the week of March 11. The White House Office of Management and Budget will issue the main budget volume containing the president's budget message, top priorities and summary tables during the week of March 11. The remaining materials will be released the week of March 18. These include the appendix, which contains detailed line-item information for each agency; "major savings and reforms" volume, which details proposed cuts to mandatory and discretionary programs; and analytical perspectives document, which contains information on a variety of topics ranging from the long-term budget outlook to funding priorities that cut across several agencies like research and development. Sources are saying that the budget will propose higher defense spending than allowed under the statutory caps which go back into effect in fiscal 2020. Previously, administration officials have floated figures as high as $750 billion, or 30 percent higher than next year's limit, though it's unclear how much of that figure would be Overseas Contingency Operations funds exempt from the caps. The budget will also propose that nondefense spending be held at the level of next year's nondefense cap, which is $55 billion or 9 percent below FY'19 levels. That would be in keeping with past Trump budget requests. Congressional leaders are expected to try to negotiate another deal with the president to raise the defense and nondefense caps, preventing a drop in allowable discretionary spending in FY'20 PETER A. WAITE | Senior Vice President ________________________________ ProLiteracy<http://www.proliteracy.org/> | 101 Wyoming Street | Syracuse, NY 13204 p 315.214-2460 | f 315.422.6369 | pwaite@proliteracy.org<mailto:pwaite@proliteracy.org> Find us and follow us on Facebook<http://www.facebook.com/pages/ProLiteracy/59618669707> and Twitter<http://twitter.com/#!/_ProLiteracy_>. Help ProLiteracy advance the cause of adult literacy.<http://www.proliteracy.org/NetCommunity/Page.aspx?pid=971>
JC
Jeff Carter
Tue, Feb 5, 2019 3:57 PM

Right. Everyone expected them to set their spending levels at the current non defense cap for 2020, but in reality, a cut of $55 billion to non-defense discretionary below FY’19 levels is just not workable.

BTW, sticking money in the Overseas Contingency Operations account is a trick that prior administrations have also used.

Jeff

On Feb 4, 2019, at 5:49 PM, Peter Waite PWaite@proliteracy.org wrote:

Here is the latest on the release of FY 20 from the administration.

No big surprises in this assessment.

As Jeff has pointed out this draft is likely DOA but once again will point to the priorities of the administration.

FY’20 BUDGET:
President Trump will release portions of his FY’20 budget the week of March 11.  The White House Office of Management and Budget will issue the main budget volume containing the president's budget message, top priorities and summary tables during the week of March 11.  The remaining materials will be released the week of March 18.  These include the appendix, which contains detailed line-item information for each agency; "major savings and reforms" volume, which details proposed cuts to mandatory and discretionary programs; and analytical perspectives document, which contains information on a variety of topics ranging from the long-term budget outlook to funding priorities that cut across several agencies like research and development.

Sources are saying that the budget will propose higher defense spending than allowed under the statutory caps which go back into effect in fiscal 2020. Previously, administration officials have floated figures as high as $750 billion, or 30 percent higher than next year's limit, though it's unclear how much of that figure would be Overseas Contingency Operations funds exempt from the caps.  The budget will also
propose that nondefense spending be held at the level of next year's nondefense cap, which is $55 billion or 9 percent below FY’19 levels. That would be in keeping with past Trump budget requests.  Congressional leaders are expected to try to negotiate another deal with the president to raise the defense and nondefense caps, preventing a drop in allowable discretionary spending in FY’20

PETER A. WAITE |  Senior Vice President
ProLiteracy http://www.proliteracy.org/  |  101 Wyoming Street |  Syracuse, NY 13204
p 315.214-2460 |  f 315.422.6369 | pwaite@proliteracy.org mailto:pwaite@proliteracy.org

Find us and follow us on Facebook http://www.facebook.com/pages/ProLiteracy/59618669707 and Twitter http://twitter.com/#!/_ProLiteracy_.
Help ProLiteracy advance the cause of adult literacy. http://www.proliteracy.org/NetCommunity/Page.aspx?pid=971


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Right. Everyone expected them to set their spending levels at the current non defense cap for 2020, but in reality, a cut of $55 billion to non-defense discretionary below FY’19 levels is just not workable. BTW, sticking money in the Overseas Contingency Operations account is a trick that prior administrations have also used. Jeff > On Feb 4, 2019, at 5:49 PM, Peter Waite <PWaite@proliteracy.org> wrote: > > Here is the latest on the release of FY 20 from the administration. > > No big surprises in this assessment. > > As Jeff has pointed out this draft is likely DOA but once again will point to the priorities of the administration. > > FY’20 BUDGET: > President Trump will release portions of his FY’20 budget the week of March 11. The White House Office of Management and Budget will issue the main budget volume containing the president's budget message, top priorities and summary tables during the week of March 11. The remaining materials will be released the week of March 18. These include the appendix, which contains detailed line-item information for each agency; "major savings and reforms" volume, which details proposed cuts to mandatory and discretionary programs; and analytical perspectives document, which contains information on a variety of topics ranging from the long-term budget outlook to funding priorities that cut across several agencies like research and development. > > Sources are saying that the budget will propose higher defense spending than allowed under the statutory caps which go back into effect in fiscal 2020. Previously, administration officials have floated figures as high as $750 billion, or 30 percent higher than next year's limit, though it's unclear how much of that figure would be Overseas Contingency Operations funds exempt from the caps. The budget will also > propose that nondefense spending be held at the level of next year's nondefense cap, which is $55 billion or 9 percent below FY’19 levels. That would be in keeping with past Trump budget requests. Congressional leaders are expected to try to negotiate another deal with the president to raise the defense and nondefense caps, preventing a drop in allowable discretionary spending in FY’20 > > > PETER A. WAITE | Senior Vice President > ProLiteracy <http://www.proliteracy.org/> | 101 Wyoming Street | Syracuse, NY 13204 > p 315.214-2460 | f 315.422.6369 | pwaite@proliteracy.org <mailto:pwaite@proliteracy.org> > > Find us and follow us on Facebook <http://www.facebook.com/pages/ProLiteracy/59618669707> and Twitter <http://twitter.com/#!/_ProLiteracy_>. > Help ProLiteracy advance the cause of adult literacy. <http://www.proliteracy.org/NetCommunity/Page.aspx?pid=971> > > > _______________________________________________ > National Coalition for Literacy Members mailing list > Members@lists.national-coalition-literacy.org <mailto:Members@lists.national-coalition-literacy.org> > To unsubscribe: http://lists.national-coalition-literacy.org/mailman/listinfo/members_lists.national-coalition-literacy.org <http://lists.national-coalition-literacy.org/mailman/listinfo/members_lists.national-coalition-literacy.org>