The House Budget Committee has “marked up” its FY 2018 Budget Resolution, the first step in the budget process. The “reconciliation” instructions on which the budget is based require $203 billion in mandatory spending through savings and reforms over 10 years. That includes likely SNAP cuts of $10 billion over 10 years, and apparently $1.6 billion/10 years in cuts from eliminating thousands of schools from the School Meal Community Eligibility Provision. The budget resolution, though, goes further, assuming $150 billion in SNAP reductions, which would kick in halfway through the decade, and $20 billion from Earned Income and Child Tax credits. The committee’s budget blueprint “recommends focusing on reforms that will restore overall SNAP funding to sustainable levels, while still providing states the flexibility to tailor the program to best meet the needs of their SNAP-eligible populations.” It also calls for states to enforce SNAP work requirements to better ensure that public assistance transitions people to independence. The blueprint also proposes requiring verification of income before Earned Income Tax Credits are paid and using the resulting savings to eliminate tax penalties for marriage. In addition, the budget would require people seeking the refundable child tax credit to submit a Social Security number for each child in order to claim the credit.
House Budget Committee, 7/19/17, Budget Blueprint
No comments:
Post a Comment