NEMWI Releases Regional Analysis of the President's FY2014 Budget
Washington, D.C. - The Northeast-Midwest Institute (NEMWI) today released a regional analysis of the President's FY2014 budget proposal. In its Note to the Coalitions, NEMWI explores components of the President's FY2014 budget proposal that relate to federal policy priorities of the NEMW region, such as: energy efficiency and assistance, and grid modernization; pre-disaster planning and mitigation; transportation infrastructure investment; community development, manufacturing growth, and social security; drinking and waste water infrastructure, safe shale development, and effective water quality monitoring; and natural resource protection and restoration.
The President's FY2014 budget could help the NEMW region by providing new support for energy efficiency and grid modernization, and offering new opportunities to make vital improvements in transportation infrastructure. The President's budget also prioritizes innovations in technology and manufacturing, particularly relevant to the historic and continuing importance of manufacturing to the NEMW region. Further, it continues federal support for multi-agency work in safe shale development, concentrated in the region, and for overall water quality monitoring. Finally, the budget maintains and increases support for certain Great Water restoration programs relevant to the NEMW region.
On the downside, the President's FY2014 budget would make it harder for the region's low-income residents to meet their home energy needs. It does not seize the post-Sandy opportunity to advance state and local government pre-disaster planning for disaster resiliency and mitigation. Further, it decreases funding for Community Development Block Grants, and alters the formula for social security cost of living increases, which would disproportionately affect the senior-rich NEMW states. Lastly, the budget reduces Clean Water State Revolving Loan Fund support, a program that is particularly important to the NEMW region.
NEMWI will issue more exhaustive analyses of regional implications for a wider array of federal programs over time and maintain up-to-date appropriations information on its website here.
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