I've stated repeatedly that a massive amount of stimulus has been required to generate GDP growth of just 2.0%-2.5% annually since the end of the Great Recession (June 2009). We have further said that the removal or reversal of some of these stimulants will be a tough hurdle for the economy to overcome.
We can definitely increase the resources for food aid programs, which are about less than one tenth of 1 percent of the federal budget. They can certainly be increased from this relatively tiny level of spending. Food is peace. Congress must remember this as it crafts the new budget in the coming months.
A government agency with a salary structure that makes it nearly impossible to compete against the best legal and accounting firms in the country in the best of times is being forced to fire staff, furlough its remaining employees and subject those who remain to ever-increasing workloads while at the same time the complexity of that workload is increasing exponentially.
The "People's Budget," which I helped draft, strikes a strong contrast with the Republican plan. It rewards hard work and invests in our country. It ensures that everyone has an opportunity to get a good education, find a good job, live in a safe and secure home, put food on the table, have affordable health care, save for retirement and maybe have a little left over.
The federal budget is a reflection of our nation's priorities. As the budget debate heats up in Washington, Congress must choose between investing in a safe and economically secure America, or siding with special interests and continuing to spend billions on wasteful programs that military leaders do not even want.
Unfortunately, this year's budget continues the harmful framework imposed by the Budget Control Act of 2011 of "trading off" defense spending with domestic needs. Once again, increased defense spending has been blindly offered to balance an equal amount of increased investment in job creation and training, education, climate change, and other priorities combined.
The world's best scientists are telling us that our activities are changing the climate, and if we do not act forcefully, we'll continue to see rising oceans, longer, hotter heat waves, dangerous droughts and floods, and massive disruptions that can trigger greater migration, conflict, and hunger around the globe.