January 28 2015 Federal Funds Information for States wwwffisorg Federal Funding Update We Live in Interesting Times Big Questions How does FY 2015 budget play out Is there any hope for common ground ID: 278185
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Slide1
Maryland Senate Budget and Taxation Committee
January 28, 2015
Federal Funds Information for
Stateswww.ffis.org
Federal Funding Update
: We Live in
Interesting TimesSlide2
Big Questions
How does FY 2015 budget play out?
Is there any hope for common ground?FY 2016 appropriations
Budget Control Act (BCA)Expiring programsTax reformDebt limitSlide3
But first, the basics
Composition of Federal Outlays in FY 2013
($ in Billions, % of Total)Slide4
Per capita federal spending
flowing to Maryland, FY 2013
Source: Pew Charitable TrustsSlide5
What program areas are supported by federal grants to state/local gov’t? Slide6
Recent trends in grant fundingSlide7
Per capita f
ederal spending on
selected grants, FY 2013Slide8
Federal grants going to Maryland:
per capita, FY 2013
Major Category
U.S. AveragePer CapitaMarylandPer CapitaMaryland RankMedicaid$852
$695
36
Other
State
587
486
48
Local
88
80
24
Individual/Other
344
279
38
Total
$1,871
$1,540
42Slide9
Conflicts on the horizon
FY 2015 Homeland Security/immigration
FY 2016 budget; amending
BCADeficit reductionTax reformFederal workforceDebt limitHighway Trust Fund solvencyExpiring programsSlide10
The BCA is the law of the land
Discretionary sequestration persists in form of lower capsMandatory sequestration still occurs
Bipartisan Budget Act (BBA) extended it to FY 2023Repeal unlikelyATB percentages applied to current-law levels
DefenseNondefenseFY 2014-9.8%-7.2%FY 2015-9.5%-7.3%Slide11
The BCA going forwardSlide12
BCA projectionsSlide13
Implications of the BCA
Source: CBO Budget and Economic Outlook, 2/14Slide14
Expiring programs in an uncertain environment
Programs covering all major areas expire in 2015Most are mandatory-funded programs
Require congressional actionSome have been operating under short-term extensions for yearsACA programs at greatest riskSlide15
National funding at stakeSlide16
Recent and upcoming deadlinesSlide17
Recent and upcoming deadlinesSlide18
Recent and upcoming deadlinesSlide19
More questions than answers
Will it be total gridlock and if so, how will it affect states?Slide20
Questions?
For more information:
www.ffis.org
, Trinity Tomsic (ttomsic@ffis.org )