Page:FACT SHEET The President’s Budget for Fiscal Year 2022.pdf/5

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  • Invests in Efforts to End Gender-Based Violence. The Budget includes a historic investment of $1 billion in total funding for DOJ Violence Against Women Act programs, nearly double the 2021 level, including funding for new programs. In addition, the request provides funding at HHS for domestic violence hotlines and for cash assistance, medical support and services, and emergency shelters for survivors.
  • Advances Efforts to Build a Fair, Orderly, and Humane Immigration System. The Budget proposes the resources necessary to fulfill the President’s commitment to rebuild the Nation’s badly damaged refugee admissions program and support up to 125,000 admissions in 2022. The Budget would also revitalize U.S. leadership in Central America to address the root causes of irregular migration, providing $861 million in assistance to the region. The Budget provides $345 million for the United States Citizenship and Immigration Services to adjudicate naturalization and asylum cases of those who have been waiting for years. And it increases the budget of the Executive Office for Immigration Review by 21 percent to $891 million to reduce court backlogs by hiring 100 new immigration judges and support teams.
  • Upholds Our Trust Responsibility to Tribal Nations. To begin redressing long-standing, stark inequities experienced by American Indians and Alaska Natives, the Budget proposes to dramatically increase funding for the Indian Health Service (IHS) by $2.2 billion and provides $900 million to fund tribal efforts to expand affordable housing, improve housing conditions and infrastructure, and increase economic opportunities for low-income families. The Budget also includes an increase of more than $450 million to facilitate climate mitigation, resilience, adaptation, and environmental justice projects in Indian Country, including investment to begin the process of transitioning tribal colleges in the country to renewable energy.

GENERATING SHARED PROSPERITY AND PUTTING OUR COUNTRY ON A SOUND FISCAL COURSE

The President’s Budget provides a fiscally responsible path for delivering a stronger, more prosperous economy. Under the Budget’s proposals, the cost of Federal debt payments will remain well below historical levels throughout the coming decade. And in later years, when the Nation faces larger fiscal challenges, the Budget’s proposals will reduce the deficit.

The Budget proposes to reform our tax system by changing the rules of the road for the largest corporations and highest income Americans. The American Jobs Plan reforms the corporate tax code to incentivize job creation and investment here in the United States, stop unfair and wasteful profit shifting to tax havens, ensure that large corporations are paying their fair share, and stop a race-to-the-bottom in corporate tax rates around the world. The American Families Plan revitalizes tax enforcement to ensure that high-income Americans pay the tax they owe under the law--ending the unfair system of enforcement that collects almost all taxes due on wages, while regularly collecting a smaller share of business and capital income. The plan will eliminate long-standing loopholes, including lower taxes on capital gains and dividends for the wealthy, that reward wealth over work.

Over time, the savings from these reforms will exceed the cost of the investments, and by large and growing amounts. The American Jobs Plan and American Families Plan together are paid for over 15 years. And the full set of proposals in the President’s Budget reduce the annual deficit by the end of the ten-year budget window and every year thereafter. In the second decade, the President’s Budget proposals cut deficits by over $2 trillion.