CBO Report Details Increased Deficit Projections; Hearing Rescheduled
The Budget and Economic Outlook: 2016 to 2026 report from the Congressional Budget Office (CBO) was released on January 25. According to CBO, the federal deficit is projected to grow by about $8.5…
House Financial Services Will Hold Mark-up on FY17 Budget, February 2
The House Committee on Financial Services will hold a mark-up of its “Views and Estimates” on the budget for FY17 on February 2. Early each calendar year, each Committee submits a Views and…
CBPP: Low Income Programs Shortchanged
A new report from the Center on Budget and Policy Priorities (CBPP) analyzes how the Senate and House Committees on Appropriations allocated the $33 billion in funds for nondefense discretionary (NDD…
2015 Tax Breaks Increase Deficit Projections, Hearings Set
“In 2016, the federal budget deficit will increase, in relation to the size of the economy, for the first time since 2009,” the Congressional Budget Office (CBO) stated in a summary of a semi-annual…
President to Request Funding for Mobility Counseling and Choice Neighborhood Initiative Expansion
President Barack Obama did not mention housing in his State of the Union address on January 12, but Office of Management and Budget Director Shaun Donovan later provided a preview of some items that…
New Infographics Illustrate Federal Budget
The Congressional Budget Office has released a set of infographics on FY15 spending and revenues and revenue and spending trends since FY95. The graphics show breakouts of the $3.7 trillion in…
TAKE ACTION: Urge Your Senators and Representative to Support the FY16 Omnibus Spending Bill
Both the House and then the Senate are expected to vote on the omnibus spending bill on Friday, December 18. If Congress fails to pass the omnibus spending bill, they will need to pass a long-term…
UPDATE: FY16 Omnibus Spending Bill Released
Congressional leaders released the text of the omnibus spending bill at about 1:30 am on December 16. The omnibus bill funds all 12 appropriations bills, including the Transportation, Housing and…
UPDATE: House Passes Appropriations Bill with Severe Cuts to Housing Programs
Bill Contains Severe Cuts to Essential Housing Programs UPDATE On June 9, the House of Representatives narrowly passed H.R. 2577, their FY16 appropriations bill for Transportation, Housing and…
Senate Passes Concurrent Budget Resolution
On May 5, the Senate voted 51-48 to approve the Concurrent Budget Resolution (S. Con. Res. 11) on the FY16 Budget. The vote was on straight party lines, with no Democrat voting yes. The…
Using the Media to Track the Effects of Sequestration on Low Income Housing Programs
In the eight months since sequestration was implemented, media outlets have reported on how sequestration has effected low income households. NLIHC collected and analyzed 314 articles published…