February 6, 2007
President Bush, yesterday unveiled his $2.9 trillion budget plan for fiscal year (FY) 2008 - with proposed major increases for defense and homeland security, and tight controls on most domestic discretionary programs, holding them under inflationary increases for FY 2008. These tight constraints on domestic discretionary spending (which comprise only about 15% of all federal outlays) come against the backdrop of a federal budget deficit that is expected to reach $248 billion this year, and then shift toward balance in 2012.
A major constraint on the budget process for this year will be the imposition of “pay-go” rules by the new Democratic majority in Congress. These rules require that any increases in either mandatory or discretionary spending be offset by corresponding reductions in other programs. As a result, there is certain to be continued pressure in Congress to constrain spending – especially on discretionary programs that are funded by the annual appropriations bills that Congress must pass before the fiscal year 2008 begins on October 1, 2007.
Among the highlights and concerns for NAMI in the President's proposed FY 2008 budget are:
Click here to view details of the proposed FY 2008 budgets for agencies and programs of importance to people with severe mental illnesses and their families.
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