Report | Budget, Taxes, and Public Investment

All would suffer from Chairman Ryan’s budget cuts

Policy Memorandum #181

Download PDF

Last week, House Budget Committee Chairman Paul Ryan (R. Wisc.) released a budget proposal that, along with dismantling Medicare and Medicaid, would drastically slash non-security discretionary programs. Over 10 years this proposal would cut $1.8 trillion—or nearly 42%—from public investments, programs that promote economic mobility and opportunity, and funding that protects individuals from corporate excesses and abuses. These cuts total over a third of the total spending cuts and 10 times the total deficit savings in the proposal.1 The proposal would also bring non-security discretionary (NSD) funding down to its lowest level as a share of gross domestic product in over 50 years, and to less than half of the average level of NSD funding during the Reagan administration.

See related work on Budget, Taxes, and Public Investment

See more work by Andrew Fieldhouse and Ethan Pollack