Regional Papers Editorialize on the Budget’s Risks for the Poor
The House Committee on the Budget, chaired by Congressman Paul Ryan (R-WI), is expected to mark up a concurrent budget resolution as early as next week and the funding levels that may be in the resolution are the subject of much discussion. The Committee may introduce a budget resolution that would provide FY13 funding at an amount lower than is required by the caps set by the Budget Control Act of 2011.
The Act established a discretionary spending cap for FY13, which some House members argue is the figure that Congress should adopt for its resolution. The Senate leaders have taken the position that the Senate does not need to pass a new budget resolution because the Budget Control Act of 2011 already established budget parameters for FY13.
The budget resolution is the first step in the Congressional budget and appropriations process. The budget resolution establishes 302(a) allocation, which is the maximum amount of spending that Appropriators can authorize in the fiscal year. After Congress passes a budget resolution, the House and Senate Committees on Appropriations can proceed with divvying up this funding between the 12 appropriations subcommittees. The amount of funding the subcommittees receive is referred to as the 302(b) allocations. After receiving these allocations, the subcommittees can then start crafting their appropriations bills.
Click here for a Star Ledger editorial on Congressman Ryan’s budget plan.