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The Federal Budget Crisis:

The Federal Budget Crisis:. What’s happening? What’s at stake? Who’s winning? Who’s losing? What can we do?. Federal Budget $3.67 trillion. Massachusetts State Budget. Cities & Towns. You and me. Businesses. What’s happening?. INSANITY.

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The Federal Budget Crisis:

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  1. The Federal Budget Crisis: What’s happening? What’s at stake? Who’s winning? Who’s losing? What can we do? www.nationalpriorites.org

  2. Federal Budget $3.67 trillion Massachusetts State Budget Cities & Towns You and me Businesses

  3. What’s happening?

  4. INSANITY Doing the same thing over and over again and expecting different results

  5. What Happened Oct. 1? • For past 10 years, no budget on Oct. 1 • For past 10 years, only 1 year with 12 spending bills (2006) • In past 10 years, 3 yrs. funded entirely by CRs (FY 2007, FY 2011, FY2013)

  6. What’s theBipartisan Budget Act of 2013 Small deal, around the edges Top-line (mostly) discretionary numbers Worth $85bn over 2 budget years Partial end of sequestration No new taxes or loop-hole closes, mostly fee-based

  7. www.nationalpriorites.org

  8. What’s at stake? How do we make the $?

  9. What’s at stake? How do we spend the $?

  10. Who’s Winning? Pentagon Tax reform opponents (A look at off-shoring profits and capital gains)

  11. Who’s Losing? Long-term unemployed Food Stamp participants Federal workers Domestic programs Transparency and Democracy

  12. What can we do? Demand: de-politicized debt ceiling raise Demand:transparent and accountable FY2015 budget process Focus on taxes and Pentagon

  13. Contact Jo Comerford Executive Director jo@nationalpriorities.org @jcomerfordnpp www.nationalpriorities.org www.nationalpriorites.org

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