Politics Biden’s First Budget Aims to 'Reverse' Trump Cuts to CDC, Climate, Schools

18:26  09 april  2021
18:26  09 april  2021 Source:   thedailybeast.com

Biden to propose $2 trillion infrastructure, jobs plan funded by corporate tax hike

  Biden to propose $2 trillion infrastructure, jobs plan funded by corporate tax hike The White House is comparing President Joe Biden's infrastructure proposal to the construction of interstate highways and the Space Race.The White House is billing the proposal, dubbed the American Jobs Plan, as a domestic investment not seen in the U.S. since the construction of the interstate highways in the 1950s and the Space Race a decade later.

The White House is calling for a massive reinvestment in education, housing, and other core public services in its first budget proposal submitted to Congress on Friday, in the hopes of “reversing” stark cuts to non-defense spending of the previous administration.

Joe Biden wearing a suit and tie: REUTERS © Provided by The Daily Beast REUTERS

“We want to use every lever at our disposal to address the challenges we face,” an administration official told reporters in a background briefing outlining the discretionary budget request, calling it “a complimentary but separate proposal” to President Joe Biden’s trillion-dollar jobs plan. “In the budget we release in the coming months, we’ll put forward a unified agenda for the country that will pull all of these pieces together.”

Biden releases breakdown of what needs fixing for infrastructure plan

  Biden releases breakdown of what needs fixing for infrastructure plan Republicans slammed President Joe Biden's $2.7 trillion infrastructure plan as a 'dog's breakfast of slush funds' for Democrats as White House releases state-by-state breakdown of what needs fixing.Biden will host four GOP lawmakers - along with four Democratic ones - on Monday to discuss his massive infrastructure plan, which Republicans have criticized for containing more than traditional infrastructure projects.

The so-called “skinny budget”—which includes topline discretionary spending goals but is not a full-fledged budget—includes $769 billion in non-defense discretionary spending for Fiscal Year 2022, a 16 percent increase over the previous fiscal year. The proposal also outlines $753 billion in discretionary defense spending, a 1.7 percent increase.

“This moment of crisis is also a moment of possibility,” wrote Shalanda Young, acting director of the Office of Management and Budget, in a letter to leaders of the House and Senate Appropriations and Budget Committees in which she called the upcoming appropriations process “another important opportunity to continue laying a stronger foundation for the future and reversing a legacy of chronic disinvestment in crucial priorities.”

The US has a chance fix its broken climate risk disclosure system

  The US has a chance fix its broken climate risk disclosure system If companies ignore their vulnerability to climate change, the global economy is at risk.Financial regulators in the US are grappling with that question now. The Securities and Exchange Commission (SEC) opened a 90-day public comment period in March that will inform the first update to federal climate risk disclosure guidelines in a decade. Shareholder groups and asset managers like BlackRock (CEO Larry Fink wrote in February that “climate risk is investment risk”) are pressuring boardrooms to improve corporate transparency around climate risks.

Unsurprisingly, one of the biggest potential winners in the proposal is the Centers for Disease Control and Prevention, for which the skinny budget proposes an $8.7 billion to support core public health capacity, the biggest budget authority increase for the agency in nearly two decades. According to a fact sheet provided by the administration, the additional funding—coming after CDC funding had fallen by 10 percent over the previous decade, adjusted for inflation—will be used to “modernize public health data collection nationwide, train new epidemiologists and other public health experts, and build international capacity to detect, prepare for, and respond to emerging global threats.”

The discretionary budget also includes increased funding for a laundry list of key Democratic priorities, from a $14 billion increase in climate change investments to a $20 billion increase for Title I funding for public schools with large low-income student populations—the largest year-over-year increase since inception of the program. The proposal also calls for a more than 10 percent increase in funding for the Department of Justice to support improving background check systems for firearm purchases, as well as new programs intended to encourage states to adopt gun licensing laws and gun buyback programs.

Administration officials were quick to caution that the discretionary budget proposal is just the first step in an arduous process to draft and pass a federal budget, but felt that the skinny budget will help “set a tone” for potentially funding programs with bipartisan support.

“There are a lot of bipartisan programs you will see highlighted when you take a look through what the president is championing,” the official said. “Cancer research: that is a bipartisan interest; violence against women. This is something we hope will start a discussion about the right size of non-defense discretionary [spending].”

Read more at The Daily Beast.

Opinion: Biden's extraordinarily ambitious philosophy of governing .
President Joe Biden's budget plan shows a president trying to redefine his centrist credentials and eager to undo not just the wounds from the pandemic but also the damage of the Trump years, writes Frida Ghitis. "These are plans meant to have a potent impact at home, but also keeping a sharp focus on America's global position, aiming to fortify its diplomatic muscle without weakening its military one. In that combination, there's something forWith millions infected with the coronavirus and millions more unemployed, there was no question the magnitude of the problem required the government to step in boldly, and it did.

usr: 1
This is interesting!