President's Proposed FY 2012 Budget: HUD Outlays as Share of Total Federal Outlays Will be At Lowest % in Last 40 Years.

In beginning to dig into FY 2012 proposed budget details, I looked at an Excel spreadsheet HERE that shows the historical percentage of Federal outlays by agency.  (Outlays are better to focus on IMHO as they show one year obligations instead of multi year budget authority). 

The graph below illustrates the Excel data and shows how HUD's share of outlays has changed over the 1972-2016 (estimated) period, including the estimate for FY 2012. 

Notably, the projected 1.3% of total federal outlays for HUD in FY 2012 is:

1. Lower than it has ever been under any Republican President in the last 40 years,
2. In fact, the LOWEST it has ever been under any President in the last 40 years,
3. Is LOWER than the 2008 HUD share of outlays (1.6%) [which some Republicans say they want to revert back to]; that 1.6%  also happens to be the same share of federal outlays that HUD had in 1972.

Double Click to Enlarge

 Originally created and posted on the Oregon Housing Blog.