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The Dubious Priorities of the President’s Budget

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Publication Date: February 2008

Publisher(s): Center on Budget and Policy Priorities (Washington, D.C.)

Author(s): Robert Greenstein; James Horney; Richard Kogan

Special Collection: John D. and Catherine T. MacArthur Foundation

Topic: Banking and finance (Public finance)

Keywords: Economic projections; Fiscal future; Tax code; Federal budget

Type: Report

Abstract:

The President’s budget would provide more tax cuts heavily skewed to the most well-off while cutting vital services for low- and moderate-income Americans, generating large deficits, and increasing the strain on states already confronting budget problems as a result of the economic downturn.  The budget reflects misguided priorities that would leave the American people more vulnerable in a number of ways.