Home > Uncategorized > The deep, real spending cuts we’ve already passed—and that no one talks about

The deep, real spending cuts we’ve already passed—and that no one talks about

December 10, 2012 Leave a comment Go to comments

The prospect of cutting Medicare benefits in a “fiscal cliff” deal has prompted an outcry from concerned liberals. But whether or not legislators actually end up raising the Medicare age or paring back Social Security payments, domestic benefits and services—ranging from veterans’ health care and low-income housing to Head Start programs—are going to get squeezed over the next 10 years.

Jennifer Garner and her mother, Pat Garner, read to a group of Head Start children. (Source: Getty)

Last year’s debt-ceiling agreement included $1.5 trillion in cuts to discretionary programs through 10-year spending caps that are already in effect. According to a new analysis by the Center on Budget and Policy Priorities, the domestic programs subject to the spending caps will face a $615 billion shortfall if they keep their benefits and services at 2012 levels. If such, they’ll be forced to scale back unless Congress decides otherwise—and right now, the Republicans want even less money spent on these domestic programs, not more.

via The deep, real spending cuts we’ve already passed—and that no one talks about.

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