Federal Budget

Important Budget Links | 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

July 27, 2021 Press Release
NEWPORT NEWS, VA - Today, Congressman Bobby Scott (VA-03), Congressman Rob Wittman (VA-01), and Congresswoman Elaine Luria (VA-02), as well as Senators Mark Warner and Tim Kaine, both of Virginia, announced the Newport News/Williamsburg International Airport (PHF) has been awarded a $847,646 grant from the Small Community Air Service Development Program (SCASDP) through the U.S. Department of Transportation. Specifically, this grant will provide funding to expand service at PHF with a new United flight to Washington Dulles International Airport (IAD).
July 14, 2021 Press Release
WASHINGTON, DC – Chairman Robert C. “Bobby” Scott (VA-03) released the following statement reporting that key provisions from the PRO Act are included in the Senate budget agreement. “The Senate needs to pass the Protecting the Right to Organize Act (PRO) Act in its entirety, but any step we can take to defend workers’ rights is meaningful. Based on past precedent, there is good reason to believe important PRO Act provisions can pass through the Budget reconciliation process, and I applaud their inclusion in the Senate Budget Committee’s agreement.
May 28, 2021 Press Release
WASHINGTON, DC – Chairman Robert C. “Bobby” Scott (VA-03) released the following statement in response to the release of President Biden’s FY 2022 budget proposal. “The Biden-Harris FY 2022 budget is a blueprint for expanding opportunity and strengthening our economy. It proposes smart, significant investments in education, child care, health care, workforce training, and other key priorities that would improve the lives of Americans across the country.
March 31, 2021 Press Release
WASHINGTON, DC – Chairman Robert C. “Bobby” Scott (VA-03) released the following statement after President Biden released his American Jobs Plan. “President Biden’s American Jobs Plan outlines a bold vision for creating millions of good-paying jobs and protecting the health and well-being of our children, workers, and communities. The Biden Plan will get struggling Americans back to work by making unprecedented and long-overdue investments in programs that are proven to help workers develop in-demand skills that prepare them for rewarding careers.
March 23, 2021 Press Release
WASHINGTON, DC – Today, U.S. Sens. Mark R. Warner and Tim Kaine (both D-VA), along with U.S. Reps. Bobby Scott (D-VA), Rob Wittman (R-VA), Gerry Connolly (D-VA), Morgan Griffith (R-VA), Don Beyer (D-VA), A. Donald McEachin (D-VA), Abigail Spanberger (D-VA), Elaine Luria (D-VA), Ben Cline (R-VA), Jennifer Wexton (D-VA), and Bob Good (R-VA) requested that the Biden administration prioritize the Norfolk Harbor Widening and Deepening project by including at least $83.7 million for the project in the President’s FY22 budget request.
February 27, 2021 Press Release
WASHINGTON, DC – Today, Chairman Robert C. “Bobby” Scott (VA-03) released the following statement after the House passed H.R. 1319, the American Rescue Plan, which provides urgent COVID-19 relief for students, workers, and families.“Today, the House of Representatives took a monumental step towards defeating the COVID-19 pandemic and creating a strong and shared recovery for our communities. The American Rescue Plan provides schools with the resources they need to re-open safely, protect students and staff, and make up for lost time in the classroom.
August 17, 2020 Press Release
NEWPORT NEWS, VA – On Tuesday, August 18th, Congressman Bobby Scott (VA-03) will visit the Newport News Post Office at 101 25th Street and meet with Post Master Sharon Parker. This visit comes while the Trump Administration has ramped up their efforts to dismantle the current operation of the United States Postal Service (USPS). President Donald Trump has openly admitted to trying to keep resources from the USPS and undermining vote by mail initiatives to help his chances in the November election.
August 12, 2020 Press Release
WASHINGTON, DC – Representatives Bobby Scott (VA-03) and A. Donald McEachin (VA-04) sent a letter to the United States Postal Service (USPS) Postmaster General Louis DeJoy demanding that he immediately rescind guidance that targeted the viability of USPS. The Virginia lawmakers were responding to documents presented to the House Committee on Oversight and Reform that detailed extensive operational changes within USPS; including eliminating overtime and directing postal workers to leave mail on the floor of postal facilities. These operational changes have caused egregious mail delays in Hampton Roads.
July 31, 2020 Press Release
WASHINGTON, D.C. – Congressman Bobby Scott (VA-03), the Chairman of the Committee on the Education and Labor, applauded the House of Representatives for passing H.R. 7617, the Defense, Commerce, Justice, Science, Energy and Water Development, Financial Services and General Government, Labor, Health and Human Services, Education, Transportation, Housing, and Urban Development Appropriations Act for 2021.
July 24, 2020 Press Release
WASHINGTON, D.C. – Congressman Bobby Scott (VA-03) issued the following statement after the House of Representatives passed H.R. 7608, an appropriations package that includes four FY 2021 spending bills: State-Foreign Operations, Agriculture-Rural Development-FDA, Interior-Environment, and Military Construction and Veterans Affairs. “Today the House passed a spending package that rejects harmful cuts proposed in President Trump’s budget and will bolster our national security, strengthen working families, invest in medical care for our veterans and protect the environment.