The Human Needs Report: June 28, 2023

View the complete report here (HTML) or here (PDF).

Dear John,

CHN just released another edition of the Human Needs Report. Read on for the latest on FY24 spending, the high cost of the debt ceiling and budget deal, and a House tax package proposal. ? ?

In This Edition

Debt ceiling and budget deal inflicts high cost to avoid default
With little time to spare to avert an economic crisis, Congress passed a bill to suspend the nation's debt ceiling and set spending caps for Fiscal Years 2024 and 2025. While the law and the "side deals" that accompanied it were an improvement over the bill the House passed earlier this spring, many harmful provisions remained that will harm human needs programs and people with low incomes. READ MORE ?

FY24 appropriations bills begin to move through House and Senate committees; highlights/lowlights from select bills
Fiscal Year 2024 spending bills have begun moving through the House and Senate Appropriations Committees, but they are not without controversy. We've compiled information on spending allocations and highlights and lowlights from select bills on the move. READ MORE ?

House tax package benefits the rich over Americans with low incomes
The House Ways and Means Committee passed along party lines a package of three bills in June that would mostly benefit the richest one percent of Americans and foreign investors, while doing little for Americans with low incomes. The package could continue to move in the House in July. READ MORE ?