For the first time in more than a decade, the total U.S. intelligence budget declined in 2011, according to budget figures declassified and disclosed last week.
Although the National Intelligence Program (NIP) budget increased slightly from $53.1 in 2010 to $54.6 billion in 2011, the Military Intelligence Program (MIP) budget dropped from $27 billion to $24 billion. The sum of both categories of intelligence spending thus declined from $80.1 billion in 2010 to $78.6 billion in 2011, signaling a reversal of the steady intelligence budget increases of the past decade.
Director of National Intelligence James Clapper said last month that he anticipated “double digit” cuts in the National Intelligence Program budget over the next ten years.
“It will be an actual cut in funds, not a cut to projected growth,” said a congressional staffer. “Put another way, budgets in the future years will be less than they are for FY12.”
A supply-side tax credit (STC) could offer a tax incentive to material suppliers and professional service consultants that provide goods or services to affordable housing projects.
The Department of Housing and Urban Development (HUD), Department of Commerce, and Department of Transportation should jointly develop and manage a data resource—a Housing Production Dashboard—to track housing production within and across states.
Exempting affordable housing from volume caps would address the underlying issue and have the greatest impact in this housing emergency.
To increase the supply of affordable homes, Congress should make greater investments in the National Housing Trust Fund (HTF).