The Debt Ceiling Deal and Planned Parenthood
The Senate voted today to raise the government’s debt ceiling and cut trillions of dollars from its spending just hours before the government’s borrowing authority was set to run out. The bill, which passed 74 to 26, was signed by President Obama shortly after. What does this mean for the nation, Planned Parenthood, and our patients?
Debt ceiling increased until 2013: As a first step, the deal would immediately increase the debt ceiling by $400 billion and then an additional $500 billion increase subject to Congressional disapproval, which can then be vetoed by the President. Depending on congressional action, the debt ceiling will be raised between $1.2 trillion to $1.5 trillion.
$1 trillion in discretionary spending cuts over 10 years: Specifically, for FY 2012, the total amount of federal spending for “non-security discretionary” programs—which includes public health programs such as Title X and Title V—is capped at $359 billion. As a second step, the bill establishes a Joint Select Committee on Deficit Reduction. This Deficit Committee is tasked with reporting by Thanksgiving a deficit reduction plan, which must reduce the deficit by at least $1.2 trillion over ten years. If the Committee cannot agree on recommendations or if Congress fails to enact legislation to reduce the deficit by at least $1.2 trillion, automatic across-the-board spending cuts for both defense and non-defense spending will go into effect.
Next Steps: Given that this deal could impact both Medicaid and non-entitlement programs that are important to women’s health, PP will be working hard to protect them! We will keep you posted on what you can do to help! Join our action network to stay up-to-date!
Technorati tags: Planned Parenthood, President Obama, Medicaid, debt ceiling deal
Debt ceiling increased until 2013: As a first step, the deal would immediately increase the debt ceiling by $400 billion and then an additional $500 billion increase subject to Congressional disapproval, which can then be vetoed by the President. Depending on congressional action, the debt ceiling will be raised between $1.2 trillion to $1.5 trillion.
$1 trillion in discretionary spending cuts over 10 years: Specifically, for FY 2012, the total amount of federal spending for “non-security discretionary” programs—which includes public health programs such as Title X and Title V—is capped at $359 billion. As a second step, the bill establishes a Joint Select Committee on Deficit Reduction. This Deficit Committee is tasked with reporting by Thanksgiving a deficit reduction plan, which must reduce the deficit by at least $1.2 trillion over ten years. If the Committee cannot agree on recommendations or if Congress fails to enact legislation to reduce the deficit by at least $1.2 trillion, automatic across-the-board spending cuts for both defense and non-defense spending will go into effect.
Next Steps: Given that this deal could impact both Medicaid and non-entitlement programs that are important to women’s health, PP will be working hard to protect them! We will keep you posted on what you can do to help! Join our action network to stay up-to-date!
Technorati tags: Planned Parenthood, President Obama, Medicaid, debt ceiling deal
posted by Planned Parenthood at
3:55 PM
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