Budget & Appropriations – Senate Releases FY 2018 Budget Resolution

The Senate Budget Committee released its Fiscal Year 2018 Budget Resolution on September 29. The budget resolution (BR) is a 10-year spending and revenue blueprint for the federal government. The Senate Budget Committee’s BR contains reconciliation instructions that will allow the Finance Committee to develop tax reform legislation that increases the deficit by to $1.5 trillion over the next decade. In addition, the BR includes reserve funds for legislation to repeal or replace the Affordable Care Act, extend the State Children’s Health Insurance Program (CHIP), and ensure “state flexibility” in education, among other things. The BR is expected to be marked up in committee next week and brought to the full Senate in mid-October. The Arc is concerned that the BR will open the door for Congress to try again to limit health care and cut the Medicaid program as well as to provide large tax cuts that result in the need to cut Medicaid and other programs down the road to pay for them. Click here for the summary of the Senate budget resolution.

%d bloggers like this: