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President s 2021 Budget Trims Federal Government—But Bolder Reforms Needed

President Donald Trump’s proposed budget for fiscal year (FY) 2021 proposes to significantly reduce the size and reach of the federal bureaucracy by focusing federal activities on constitutional priorities and empowering state and local governments to address other issues closer to the people. Such reforms would have put the budget on track to balance, before exceptional measures to respond to COVID-19 (a disease caused by the novel coronavirus that originated in China) led to a steep and sudden economic decline and a massive increase in deficits.

Senate Clears Spending Bill Including Ag Disaster Aid, USDA Carbon Program

The Senate sent the omnibus bill to the House, which is expected to pass it despite opposition from House Republicans who did not want a final spending bill passed until they take over in early January. Without the $1.7 trillion package, the federal government could have faced shutdown as early as Friday.

Congress Could Cut Five USDA Programs and Save $2 8 Billion a Year

On June 13, 2013, the House Appropriations Committee approved its $19.5 billion Agriculture, Rural Development, Food and Drug Administration, and Related Agencies appropriations bill for fiscal year (FY) 2014.[1] The full House is expected to take up the bill soon. With nearly $17 trillion in federal debt and chronic deficits on the budget horizon, the House should pursue spending reductions that keep discretionary spending under the sequestration cap.

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