Federal Budget Impacts on Iowa
Dealing with the Debt: Pieces of the Pie

CBPP deficit graph

A balanced approach to dealing with the federal debt will keep both revenues and spending on the table — including spending that we make through the tax code, or "tax expenditures." That kind of spending has the very same impact on the budget bottom line — and is not pocket change, as the graph at right illustrates. In fact, tax expenditures cost more than Medicare & Medicaid, and more than Social Security.

To judge the work of the "SuperCommittee" and Congress in the coming days, keep in mind that principle, as well as these. No real solution will increase income disparity or make the economic situation worse and cost jobs.

IPP's David Osterberg and Mike Owen made those points at a Heritage Area Agency on Aging forum, "Critical Issues Facing Seniors and People with Disabilities." Click on the graph at right for slides from the presentation November 2 on the Kirkwood Community College campus in Cedar Rapids.

Will Federal Budget Choices Bring Jobs or More Poverty?

CBPP deficit graphClick above for slides
from Sept. 19 presentation
at Debt Reduction Summit
sponsored by the Johnson County Task Force on Aging

Avoid the distractions and forget about silver-bullet, easy-answer "solutions" to federal budget challenges. Address the real causes and move forward.
Read guest opinion by Mike Owen in Iowa City Press-Citizen. 9/17/11

Balanced Budget Amendment Would Damage the Economy
Read letter or download 14-page PDF 7/19/11

Protecting Vulnerable Americans in Deficit Plans
Read Iowa Fiscal Partnership statement or download PDF 6/29/11

The Ryan Budget Challenge to Food Assistance
Read backgrounder or download 2-page PDF 5/25/11

Building Blocks of Uninsurance the Medicaid Block Grant Proposal
Read backgrounder or download 2-pg PDF 4/8/11