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Appropriations Tracker FY 2012 Shows Spending up, Not Down
Posted By Patrick Louis Knudsen On December 16, 2011 @ 1:48 pm In Economics | Comments Disabled
With fiscal year 2012 spending bills now at the brink of completion, The Heritage Foundation’s Appropriations Tracker: FY 2012  has been updated to reflect the final tally.
Combined with three bills enacted in November, the massive “megabus ” legislation under consideration today brings total base discretionary budget authority to $1.0429 trillion, effectively equal to the excessive level allowed by the Budget Control Act (BCA), the product of the summer-long debt ceiling debate. It is $31.6 billion above the House-passed budget resolution (H. Con. Res. 34).
The House budget, passed in April—a bold plan to put the government on a path to fiscal sanity—provided for $1.019 trillion in discretionary spending . It was the only real budget to pass either chamber of Congress and hence the only budget with any claim to legitimacy.
But adding to the final appropriations total is $10.4 billion in “disaster” relief funding—$2.3 billion approved in November and another $8.1 billion in the current megabus—that is not counted against the BCA cap . So the real total of base discretionary spending is $1.053 trillion. That is $1 billion more than base discretionary spending (including disaster relief) in 2011, a year in which the deficit was $1.3 trillion.
In short, despite congressional claims of spending “cuts” and budget discipline, spending in fact continues to rise—and American taxpayers continue to pick up the tab.
Article printed from The Foundry: Conservative Policy News from The Heritage Foundation: http://blog.heritage.org
URL to article: http://blog.heritage.org/2011/12/16/appropriations-tracker-fy-2012-shows-spending-up-not-down/
URLs in this post:
 Image: http://blog.heritage.org/wp-content/uploads/appropriations-tracker-FY2012-table-20111216.jpg
 Appropriations Tracker: FY 2012: http://thf_media.s3.amazonaws.com/2011/pdf/appropriations-tracker-FY2012-table.pdf
 megabus: http://rules.house.gov/Legislation/legislationDetails.aspx?NewsID=667
 discretionary spending: http://www.heritage.org/federalbudget/mandatory-discretionary-spending
 against the BCA cap: http://blog.heritage.org/2011/11/07/courting-disaster-two-gaping-loopholes-in-the-debt-deal-that-will-drive-up-spending/
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