Congressional squabbling over the federal budget for the 2013 fiscal year goes beyond the usual details of agency-by-agency spending, to an overlaying question: How large should the overall budget be? On March 29, the chairman of the House Committee on the Budget, Rep. Paul Ryan (R-WI), was able to get his plan passed in the Republican-controlled House on a mostly party-line vote of 228–191. HCR 112 incorporates “Path to Prosperity,” introduced last year, which calls for overall spending of $3.53 trillion, including $1.028 trillion in nondefense discretionary spending. The nondefense discretionary spending cap is $19 billion below the $1.047 trillion level set under the Budget Control Act (BCA). The GOP budget blueprint envisions a $797 billion shortfall based on revenues of $2.734 trillion. President Obama’s $3.717 trillion budget proposal for FY 2013 includes a $977 billion deficit on $2.741 trillion in revenue. Which side do you lie on?
Which side are you closer to in terms of the FY 2013 budget?
Rep. Paul Ryan’s Proposal
President Barack Obama’s Proposal