I was struck by the data visualization in today’s NY Times UpShot column which showed just how much impact the “tax cut” bill would have on government services across the federal government for at least the next 10 years! “If Congress passes its tax bill and then takes no other action, the funding for dozens of federal spending programs could be cut — in many cases to nothing — beginning next year.”
Of course the biggest bubble/cut would occur to Medicare, with a sequesterable amount of $25.5 billion for 2018. As I scrolled down to the table listing the 228 agencies and programs which would be cut in 2018, the 4th one down is GPO’s Business Operations Revolving Fund, which could be cut $2 million in 2018, with cuts for 10 years. $2 million doesn’t sound like a lot of money, but GPO only requested $8,540,000 for the revolving fund for FY18. That’s a 25% cut! The revolving fund pays for improvements to GPO’s FDsys (and its successor system, govinfo) as well as other essential IT projects and things like enhancing the cybersecurity of GPO’s IT systems and other necessary physical infrastructure projects.
GPO is already working with a shrinking number of employees and a bare bones budget which has been flat or cut over the last 10 years. GPO programs — including the Federal Depository Library Program (FDLP)! — can NOT be sustained if this “tax cut” bill is passed.
With passage of this “tax cut” bill, GPO’s demise is no longer hypothetical. What will FDLP libraries do in that case? Does GPO have a formal succession plan or escrow arrangements (key components of a Trusted Digital Repository audit!)? And what will FDLP libraries do to maintain critical access to and preservation of government information going forward?
We need EVERY librarian to contact their representatives early and often and let them know what devastating effects this “tax cut” bill will have — on libraries yes, but on so many critical programs from Medicare to flood insurance, farm security, meals on wheels, Women, Infants and Children (WIC) program, and so many other programs across the Federal government.
According to the Congressional Budget Office, the deficit increase from the tax bill would be large enough — $1.5 trillion over 10 years — that spending for the unprotected programs would be reduced to zero next year and nearly zero over the next nine years.
Each bubble above represents the size of an automatic budget cut that could take place next year.
The Statutory Pay-as-You-Go Act of 2010, or Paygo, is an Obama-era update of a rule first enacted under President George H.W. Bush. It requires that legislation that adds to the federal deficit be paid for with spending cuts, increases in revenue or other offsets.
via The Tax Bill’s Automatic Spending Cuts – The New York Times.
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