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Congressman Bobby Scott

Representing the 3rd District of Virginia

Federal Budget

Important Budget Links | Fiscal Year 2016 Budget Statement & Press Releases

Congressman Scott supports reducing our budget deficit and balancing the federal budget, but not at the expense of cutting vital government functions, such as defense, education, transportation, Social Security and Medicare.

FY2016 Federal Budget

Congressman Scott understands that deficit reduction requires making sometimes tough, unpopular choices. During his first year serving in Congress, Congressman Scott supported the 1993 Clinton budget, which narrowly passed the House and the Senate. The 1993 Clinton budget, also known as the Omnibus Budget Reconciliation Act of 1993, helped put the nation on a strong fiscal path and turned federal budget deficits into federal budget surpluses. By 2001, the Congressional Budget Office projected a ten year surplus of $5.6 trillion. At the time, that would have been enough to completely eliminate the national debt held by the public by 2008, and we would owe nothing to China, Japan, and Saudi Arabia.

Citing likely fiscal disaster, Congressman Scott opposed President George W. Bush's 2001 and 2003 tax cuts. Congressman Scott correctly pointed out that these tax cuts were not paid for and would wreak havoc on the budget. Combined with the Bush Administration's unpaid for Medicare prescription drug plan, the wars in Iraq and Afghanistan, an economy deep in recession, and these tax cuts, by the end of the Bush Administration, the annual federal budget deficit had climbed to $1.4 trillion and instead of paying off the national debt held by the public, the total national debt ballooned from $5.7 trillion in 2001 to $10.7 trillion by the end of 2008.

In late 2010, when these Bush-era tax cuts were set to expire, Congressman Scott opposed the two year extension because the nation could not afford them and if they continued to be extended, it would likely force Congress to make deep cuts in vital government services, including Social Security and Medicare.

In 2011, Congressman Scott opposed the Budget Control Act, which conditioned an increase in the nation's debt ceiling on Congress cutting approximately $2.2 trillion from the federal budget over the next 10 years. $1.2 trillion of those $2.2 trillion in cuts was contingent on whether a Congressional deficit reduction committee, commonly referred to as the "Super Committee," reported out a deficit reduction plan totaling $1.2 trillion by the end of 2011. If the Super Committee failed, which it did, the $1.2 trillion in cuts would be implemented through a draconian across-the-board budget cutting process known as "sequestration." Congressman Scott voted against the Budget Control Act because Congress failed to address a driving factor of the nation's budget deficit – the Bush-era tax cuts – and its failure to do so would set the stage for sequestration and cuts to Social Security and Medicare.

In early 2013, during the fiscal cliff debacle, Congress permanently extended a majority of the Bush-era tax cuts at a ten-year cost, as estimated by the Congressional Budget Office, of $3.9 trillion and failed to cancel the $1.2 trillion sequester. Congressman Scott opposed the so-called "Fiscal Cliff Deal" because it permanently extended these unaffordable tax cuts and did nothing to address sequestration, which would and has had a significant negative impact on the Commonwealth of Virginia and his constituents.

In order to responsibly reduce our deficit, Congressman Scott believes that it is imperative that Congress go back and review the Fiscal Cliff Deal and cancel some of the tax cuts that were permanently extended in order to cancel the sequester. He also believes that Congress should review our tax code and end the numerous special interest tax breaks that riddle our tax code.

Important Budget Links

Budget News & Editorials

FY 2016 Budget

More on Federal Budget

May 11, 2017 Press Release
NEWPORT NEWS, VA – On Monday, May 15, 2017 at 10:30 a.m., Congressman Bobby Scott (VA-03) will kick off the beginning of Infrastructure Week 2017 by touring the Salters Creek watershed at Monitor-Merrimac Overlook Park in the southeast community of Newport News to highlight the need for critical infrastructure investments. “The American Society of Civil Engineers has given our nation’s infrastructure a grade of D+,” stated Rep. Scott. “Our failure to make the necessary investments in our infrastructure costs American families $3,400 each year in disposable income and will jeopardize 2.5 million jobs between now and 2025.”
May 11, 2017 Press Release
NEWPORT NEWS, VA – On Friday, May 12, 2017, Congressman Bobby Scott will tour the Foodbank of Southeastern Virginia in Norfolk, Virginia. During the tour, Congressman Scott will view the weekly food distribution for programs such as Helping Hands. Congressman Scott will also meet with staff to discuss the importance of child nutrition programs, including after-school meal programs. For millions of students, after-school and weekend meal programs fill the hunger gap that may exist for low-income students and these programs are essential to their healthy growth and development.
May 8, 2017 Press Release
WASHINGTON, D.C. – Ranking Member Bobby Scott (VA-03) issued the following statement after President Trump suggested financing for Historically Black Colleges and Universities may be unconstitutional: “The President issued a signing statement calling into question the constitutional status of federally-designated Historically Black Colleges and Universities (HBCUs) and the programs that serve them. While he has since issued another statement attempting to clarify his support for HBCUs, there has been no revision to clarify that HBCUs are in fact constitutional. HBCUs are on a solid legal footing, as the United Negro College Fund (UNCF) spelled out in their response to the President attached here. I hope the President revises his statement and leaves no doubt that he believes that HBCUs are constitutional.”
May 3, 2017 Press Release
WASHINGTON, D.C. – Ranking Member Bobby Scott (VA-03) issued the following statement after the passage (309-118) of fiscal year 2017 omnibus legislation, H.R. 244 – Consolidated Appropriations Act, 2017: “Budgeting requires making tough choices, and a budget is a reflection of priorities. Today’s spending agreement prevents the government from shutting down and limits harmful efforts to balance the budget on the backs of students, working families, and vulnerable communities across the nation. As legislators, we decide what our priorities are and how to best invest in our country. The spending agreement funds vital programs at the Department of Education, Health and Human Services, Department of Labor, Agriculture, and independent agencies, which support education, job training, and workplace safety and protections.
April 21, 2017 Press Release
NEWPORT NEWS, VA – On Tuesday April 25, 2017, Congressman Bobby Scott (VA-03) will meet with the Elizabeth River Project to discuss the impact of President Trump’s proposed budget cuts to the Environmental Protection Agency’s Chesapeake Bay Program and other federal programs designed to protect and restore the Chesapeake Bay and encourage environmental literacy. Congressman Scott will take a river tour to see federally funded restoration efforts on the Eastern Branch of the Elizabeth River, including an oyster reef, NOAA funded Learning Barge field trips, and Environmental Protection Agency and Department of Housing and Urban Development funded projects of the Harbor Park and Chesterfield shorelines. Programs that fund these projects have been targeted for significant cuts in President Trump’s proposed budget for fiscal year 2018. If enacted, these cuts will jeopardize the work that has already been done to restore the Elizabeth River and other Chesapeake Bay tributaries.
April 13, 2017 Page
Rep. Bobby Scott held a town hall meeting in Chesapeake, Virginia on Tuesday, April 18, 2017. He discussed the impact of President Trump's proposed budget on Hampton Roads and Virginia, ongoing efforts to repeal and replace the Affordable Care Act, and other recent legislative actions in Congress.
April 6, 2017 Press Release
WASHINGTON, D.C. – On Wednesday, April 5, 2017, Congressman Bobby Scott (VA-03) joined Congressman John B. Larson (CT-01), the Ranking Member of the Ways & Means Subcommittee on Social Security, in introducing the Social Security 2100 Act. The legislation would increase the payroll tax on those with higher incomes, cut taxes for Social Security recipients, provide a benefit increase for current and future beneficiaries, while strengthening Social Security’s solvency for future generations. “I am proud to be a cosponsor of the Social Security 2100 Act,” said Rep. Scott. “Social Security and Medicare make up the foundation of American retirement security. Americans have paid into the system for decades and, during that time, these programs have promised Americans the chance to retire with dignity after a lifetime of hard work.
March 27, 2017 Floor Statements
Mr. SCOTT of Virginia. Mr. Speaker, the budget is about choices, and those choices involve arithmetic. Apparently, the Republican strategy on the budget does not recognize arithmetic. When you start with a deficit, their strategy to deal with the deficit is to increase defense spending and to pass massive tax cuts. That will not end up helping the deficit. As we have seen with the choice in health care, they made bad choices. Whatever you think about the Affordable Care Act, their plan was demonstrably worse. Their plan would increase the number of people uninsured by 24 million, bring higher prices and worse policies, but tax cuts for millionaires. What I couldn't understand was not what were the ups and downs for politics, but who was for that--24 million more uninsured, higher prices, and worse policies?
March 16, 2017 Press Release
WASHINGTON, D.C. – Congressman Bobby Scott (VA-03) issued the following statement after the White House released an outline of its Fiscal Year 2018 budget priorities, known as the “skinny budget.” “This budget proposal is yet another broken promise from the Administration to the American people. Cutting $54 billion from programs that help protect and support working families to learn and earn is no way to grow the national economy or put people back to work. Working families deserve a budget that invests in their health and futures, boosts wages, helps them balance work and family life, and levels the playing field for them and their children to succeed. President Trump’s budget proposal eliminates and reduces vital programs for students, teachers, and workers that will endanger public education, make college less affordable, and reduce the availability of workforce training
March 13, 2017 Press Release
WASHINGTON, D.C. – Ranking Member Bobby Scott (VA-03) issued the following statement after the Congressional Budget Office announced that 24 million more Americans would be uninsured under the Republicans’ Pay More For Less bill. "The Congressional Budget Office has confirmed what we already knew - that millions of Americans would lose access to affordable health insurance under the Republican plan. This proposal was put together without considering the fundamental principles of arithmetic. By skewing the tax credits toward higher income families, it only shifts costs onto those living paycheck to paycheck.