Download - What the End of the Year Fiscal Train Wreck Means for the Great Lakes-Lord, 2012

What to expect this fall and how it impacts the Great Lakes?

Presented by: Chad Lord

Based off of presentation of Craig Obey, Executive Vice President, NPCA

Sources: Federal Budget Report; Center on Budget and Policy Priorities; Congressional Budget Office

Overview

• Introduction: funding review

• Fall Preview – Jonathan McCracken, Legislative Assistant, Office of Sen. Sherrod Brown

• Budget analysis – Paul Isely, Professor and Chair, Grand Valley State University

• Public opinion – Emma White, Beldon Russonello Strategies

Great Lakes Funding

FY 2004 FY 2005 FY 2006 FY 2007 FY 2008 FY 2009 FY 2010 FY 2011 FY 2012 $-

$100.00

$200.00

$300.00

$400.00

$500.00

$600.00

$700.00

$800.00

Average funding per year FY10-12$634 million

Average funding per year FY04-09$155 million

Great Lakes Funding

FY10 FY11 FY12 House FY12 FY13 Request0

50

100

150

200

250

300

350

400

450

500

Great Lakes Restoration Initaitive

LaTourette Amendment

Great Lakes Funding

FY12 FY13 Request FY13 House

$300 $300

$250

Great Lakes Restoration Initiative

Great Lakes FundingFY

200

4

FY 2

005

FY 2

006

FY 2

007

FY 2

008

FY 2

009

FY 2

010

FY 2

011

FY 2

012 $-

$500.00

$1,000.00

$1,500.00

$2,000.00

$2,500.00

Safe Drinking Water State Revolving FundLinear (Safe Drinking Water State Revolving Fund)Clean Water State Revolving FundLinear (Clean Water State Revolving Fund)

Great Lakes Funding

FY12 FY13 Request FY13 House

$1,469

$1,175

$689

Clean Water State Revolving Fund

Great Lakes Funding

FY10 FY11 FY12 FY13 Request -

10,000,000

20,000,000

30,000,000

40,000,000

50,000,000

60,000,000

70,000,000

Asian Carp Funding

GLRIBase

Estimate

Budget Control Act of 2011

1. Imposed tight annual caps on defense and nondefense discretionary spending through 2021 – totaling about $900 billion.

2. BCA also established congressional “Super-Committee” to come up with additional $1.2 trillion in entitlement reforms and new revenues.


• Super-Committee failure to reach agreement on a deficit reduction plan triggered automatic cuts of $1.2 trillion scheduled to take effect in January 2013.

• These cuts are in addition to the $900 billion in annual spending caps.


• The automatic cuts include across-the-board reductions in defense and nondefense programs, as well as Medicare cuts.

• In 2013 alone, the automatic cuts will require a 10% cut in all defense accounts, a 2% cut in Medicare, and a 9% cut in all non-defense discretionary accounts -- including Great Lakes programs.


Defense NDD$400

$420

$440

$460

$480

$500

$520

$540

$560

$580

Existing CapsCaps Plus SequesterHouse Budget


• Both political parties want to avoid the automatic cuts. R’s want to avoid the defense cuts; D’s want to avoid nondefense cuts.

• President Obama has said he will veto any bill to repeal the cuts unless they are replaced with alternative spending cuts and/or revenue increases.

After the Elections: A Perfect Storm

• Because of the pre-election political gridlock in Congress, any action to replace the automatic cuts is unlikely to succeed until after November 6th.

• How resolution unfolds will depend on whether Obama or Romney wins the presidential election.

Speakers• After the elections: perfect storm – Jonathan

McCracken, Legislative Assistant, Office of Sen. Sherrod Brown

• How the numbers add up – Paul Isely, Professor, Grand Valley State University

• The public’s opinion: save the Great Lakes– Emma White, Beldon Russonello Strategies