Press Release

“Parity” Does Not Reflect Budgetary Reality

Today, the American Action Forum’s Director of Fiscal Policy Gordon Gray released an insight explaining why the “parity principle” does not reflect the reality of the Budget Control Act’s spending cuts. A brief overview:
  • Congressional progressives are demanding parity for non-defense discretionary spending in formulating relief from “sequestration” under the Budget Control Act (BCA).
  • Parity does not reflect the budgetary reality that defense discretionary spending bore one-half of BCA cuts, while non-defense discretionary spending bore only one-third.
  • Congress should jettison the baseless “parity” argument and fund programs based on national priorities.
Click here to read the piece in its entirety.