What the End of the Year Fiscal Train Wreck Means for the Great Lakes-Lord, 2012


Published on

This panel will examine what sorts of decisions the President and Congress – new or old – will have to make following this year’s November elections. Panelists will examine the political landscape and describe the major decisions that have to be made, including on government funding, sequestration, and tax cuts. Special emphasis will be given to the impacts various budget proposals will have on Great Lakes restoration funding.

Published in: News & Politics
1 Like
  • Be the first to comment

No Downloads
Total views
On SlideShare
From Embeds
Number of Embeds
Embeds 0
No embeds

No notes for slide
  • FY04-FY09 = average funding amount $155 million.FY10-FY12 = average funding amount $634 million.Includes: Great Lakes Fish and Wildlife Restoration Act, USGS Science Center, GLNPO and Legacy, NOAA GLERL, Corps programs (RAP, Barrier, GLFER, trib modeling), USDS Sediment program.
  • House proposed only $250 million in its FY13 Interior-EPA appropriations bill.10% sequester cuts;$30 million from FY12 enacted$25 million cut from FY13 House proposed.
  • Cuts non-defense discretionary nearly as much as sequestration ($27.3B vs $37.2B)Defense rises $8.2B$300B in cuts to mandatory poverty programs
  • What the End of the Year Fiscal Train Wreck Means for the Great Lakes-Lord, 2012

    1. What to expect this fall and how it impacts the Great Lakes? Presented by: Chad Lord Based off of presentation of Craig Obey, Executive Vice President, NPCA Sources: Federal Budget Report; Center on Budget and Policy Priorities; Congressional Budget Office
    2. Overview• Introduction: funding review• Fall Preview – Jonathan McCracken, Legislative Assistant, Office of Sen. Sherrod Brown• Budget analysis – Paul Isely, Professor and Chair, Grand Valley State University• Public opinion – Emma White, Beldon Russonello Strategies
    3. Great Lakes Funding$800.00 Average funding per$700.00 year FY10-12$600.00 $634 million$500.00$400.00 Average funding per$300.00 year FY04-09$200.00 $155 million$100.00 $- FY 2004 FY 2005 FY 2006 FY 2007 FY 2008 FY 2009 FY 2010 FY 2011 FY 2012$(100.00)
    4. Great Lakes Funding Great Lakes Restoration Initaitive500450400350 LaTourette Amendment30025020015010050 0 FY10 FY11 FY12 House FY12 FY13 Request
    5. Great Lakes Funding Great Lakes Restoration Initiative$300 $300 $250FY12 FY13 Request FY13 House
    6. Great Lakes Funding$2,500.00$2,000.00$1,500.00 Safe Drinking Water State Revolving Fund$1,000.00 Clean Water State Revolving Fund $500.00 $- FY 2004 FY 2005 FY 2006 FY 2007 FY 2008 FY 2009 FY 2010 FY 2011 FY 2012
    7. Great Lakes Funding Clean Water State Revolving Fund$1,469 $1,175 $689FY12 FY13 Request FY13 House
    8. Great Lakes Funding Asian Carp Funding70,000,00060,000,000 Estimate50,000,00040,000,000 GLRI30,000,000 Base20,000,00010,000,000 - FY10 FY11 FY12 FY13 Request
    9. Budget Control Act of 20111. Imposed tight annual caps on defense and nondefense discretionary spending through 2021 – totaling about $900 billion.2. BCA also established congressional “Super- Committee” to come up with additional $1.2 trillion in entitlement reforms and new revenues.
    10. Budget Control Act of 2011• Super-Committee failure to reach agreement on a deficit reduction plan triggered automatic cuts of $1.2 trillion scheduled to take effect in January 2013.• These cuts are in addition to the $900 billion in annual spending caps.
    11. Budget Control Act of 2011• The automatic cuts include across-the-board reductions in defense and nondefense programs, as well as Medicare cuts.• In 2013 alone, the automatic cuts will require a 10% cut in all defense accounts, a 2% cut in Medicare, and a 9% cut in all non-defense discretionary accounts -- including Great Lakes programs.
    12. Budget Control Act of 2011$580$560$540$520$500 Existing Caps$480 Caps Plus Sequester$460 House Budget$440$420$400 Defense NDD
    13. Budget Control Act of 2011• Both political parties want to avoid the automatic cuts. R’s want to avoid the defense cuts; D’s want to avoid nondefense cuts.• President Obama has said he will veto any bill to repeal the cuts unless they are replaced with alternative spending cuts and/or revenue increases.
    14. After the Elections: A Perfect Storm• Because of the pre-election political gridlock in Congress, any action to replace the automatic cuts is unlikely to succeed until after November 6th.• How resolution unfolds will depend on whether Obama or Romney wins the presidential election.
    15. Speakers• After the elections: perfect storm – Jonathan McCracken, Legislative Assistant, Office of Sen. Sherrod Brown• How the numbers add up – Paul Isely, Professor, Grand Valley State University• The public’s opinion: save the Great Lakes– Emma White, Beldon Russonello Strategies