Public investment and job creation measures in CPC FY2016 budget alternative, relative to CBO current law baseline (billions of dollars)
Total | ||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2016–2020 | 2016–2025 | 2015–2025 | |
Job creation measures | ||||||||||||||
Sustained infrastructure program | 75 | 115 | 85 | 85 | 75 | 70 | 60 | 61 | 63 | 64 | 66 | 430 | 745 | 820 |
Restore EUC to 99 weeks (CY2014–2016) | 19 | 26 | 26 | 7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 59 | 59 | 78 |
Hard Work Tax Credit (CY2013–2015) | 113 | 102 | 25 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 128 | 128 | 241 |
Public works jobs program and aid to distressed communities | 65 | 42 | 9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 51 | 51 | 116 |
Invest in teachers and K–12 schools | 52 | 31 | 12 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 47 | 47 | 99 |
Block grants to states (first responders, Medicaid, safety net, etc.) | 42 | 42 | 11 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 53 | 53 | 95 |
Job creation credits (R&E, green manufacturing) | 0 | 7 | 10 | 11 | 12 | 12 | 13 | 14 | 15 | 16 | 17 | 52 | 126 | 126 |
Expand EITC for childless workers | 0 | 0 | 6 | 6 | 6 | 7 | 7 | 7 | 7 | 7 | 7 | 26 | 61 | 61 |
Subtotal, job creation measures | 366 | 365 | 186 | 113 | 93 | 89 | 80 | 82 | 85 | 87 | 90 | 845 | 1,269 | 1,635 |
Additional non-defense discretionary (NDD) public investments | ||||||||||||||
Repeal BCA NDD cuts, both phases | 0 | 15 | 23 | 27 | 29 | 33 | 37 | 41 | 44 | 46 | 48 | 126 | 342 | 342 |
Investments (NDD increases over removing BCA) | 41 | 103 | 160 | 171 | 159 | 153 | 151 | 149 | 152 | 158 | 165 | 746 | 1,521 | 1,562 |
Subtotal, additional NDD increases relative to current law | 41 | 118 | 183 | 197 | 188 | 186 | 188 | 190 | 196 | 204 | 213 | 873 | 1,864 | 1,905 |
Total, job creation measures and public investments | 407 | 483 | 368 | 310 | 281 | 275 | 267 | 272 | 281 | 292 | 303 | 1,718 | 3,132 | 3,539 |
Note: Numbers may not add up due to rounding.