Report: Share of Federal Spending on Kids at All-Time Low
Suzanne Potter, Public News Service – MO
JEFFERSON CITY, Mo. — A new report shows the share of federal
spending on children was at an all-time low in fiscal year 2019. The 13th annual Children’s Budget Book, released today, finds the share of spending on children – at 7.21% – is down 10% in the past four years.
Bruce Lesley is president of First Focus on Children, the nonprofit behind the report. He said the country needs to fund what’s most important: our kids’ future.
“The federal budget is a moral document and it really shows what your
priorities are as a nation,” Lesley said. “And our nation is failing to
invest in our kids’ future, and failing them.”
For the first time ever, the share we spend on things such as education
and child-abuse prevention is less than what we spend on interest on the
national debt. The president’s 2020 budget calls for even deeper cuts
to kids’ programs and would direct billions of dollars to the border
wall.
Lesley noted the federal deficit shot up sharply after the 2018 massive
tax cut, which primarily benefited the wealthy and corporations. Now, he
said, that debt is becoming a double-edged sword for the nation’s
children.
“Interest on the national debt is squeezing the ability for Congress to
make investments in kids,” he said. “But second, we’re leaving that debt
for them to pay off.”
Congress is supposed to come to a budget agreement by the September 30
deadline. If they can’t agree, they will need to pass a continuing
resolution to fund the government at existing levels. Last winter, a
disagreement over funding for the border wall forced a record 35-day
government shutdown.