Spending on public investments and job-creation measures in CPC FY2017 budget alternative, relative to CBO current law baseline (billions of dollars)
Total | ||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2017–2021 | 2017–2026 | 2016–2026 | |
Job creation measures and public investments—mandatory spending | ||||||||||||||
Sustained infrastructure program | 104 | 104 | 109 | 113 | 113 | 113 | 114 | 117 | 118 | 120 | 122 | 551 | 1,143 | 1,247 |
Restore Emergency Unemployment Compensation (EUC) to 99 weeks | 26 | 6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 6 | 32 |
Hard Work Tax Credit | 61 | 15 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 15 | 15 | 76 |
Public works jobs program and aid to distressed communities | 76 | 38 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 38 | 38 | 114 |
Invest in teachers and K-12 schools | 14 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 15 |
Block grants to states (first responders, Medicaid, safety net, etc.) | 14 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 15 |
Job creation credits (R&D, green manufacturing) | 0 | 2 | 3 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 20 | 48 | 48 |
Affordable quality child care for low- and moderate-income families | 0 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 11 | 12 | 14 | 25 | 79 | 79 |
Reform child care tax incentives | 0 | 1 | 4 | 4 | 4 | 4 | 4 | 5 | 5 | 5 | 6 | 16 | 40 | 40 |
Improve Unemployment Insurance (UI) extended benefits | 0 | 1 | 2 | 3 | 3 | 3 | 4 | 4 | 5 | 6 | 6 | 12 | 37 | 37 |
Expand Earned Income Tax Credit (EITC) for childless workers | 0 | 1 | 7 | 7 | 7 | 7 | 7 | 7 | 8 | 8 | 8 | 29 | 67 | 67 |
Subtotal, job creation measures | 294 | 172 | 128 | 136 | 138 | 140 | 143 | 147 | 153 | 156 | 161 | 714 | 1,475 | 1,769 |
Additional nondefense discretionary (NDD) public investments | ||||||||||||||
Repeal BCA NDD cuts, both phases | 0 | 18 | 37 | 46 | 51 | 55 | 57 | 59 | 61 | 63 | 65 | 206 | 513 | 513 |
Investments (NDD increases over removing BCA) | 1 | 24 | 59 | 91 | 124 | 155 | 179 | 199 | 219 | 238 | 259 | 453 | 1,548 | 1,549 |
Subtotal, additional NDD increases relative to current law | 1 | 42 | 96 | 137 | 174 | 210 | 237 | 259 | 280 | 302 | 324 | 659 | 2,060 | 2,061 |
Total, job creation measures and public investments | 295 | 214 | 224 | 273 | 312 | 350 | 380 | 406 | 433 | 458 | 485 | 1,373 | 3,535 | 3,830 |
Note: Numbers may not add due to rounding.