The White House, President George W. Bush Click to print this document
The President's Budget & Montana

The President’s budget funds America’s priorities, provides the largest debt reduction in history and provides fair and responsible tax relief. In Montana, the budget:

Benefits an estimated 76,000 Montana small businesses and entrepreneurs by reducing marginal tax rates and making the Research & Development tax credit permanent.

Provides tax relief for roughly 299,000 citizens of Montana who pay taxes.

Increases Montana’s education funding over current levels to more than $197 million to give local schools more tools to ensure that no child is left behind.

Increases Montana’s Head Start funding over current levels to more than $19 million to better prepare Montana’s children for success in school.

Increases funding to more than $79 million for housing assistance and services for low-income Montana citizens.

Provides more than $50.7 million in funding for water resource projects along Montana’s rivers and waterways.

Provides more than $22 million to fund Montana’s environmental protection efforts.

Provides more than $7 million to help conserve Montana’s natural resources – a 767% increase over current levels just for Montana.

Provides an estimated $284 million in highway funding for Montana.

Provides $391 million for programs and grants to help local fire departments and emergency services in Montana and throughout America with training, equipment, and fire fighting and lifesaving efforts.

Provides nearly $2 billion to fight wildland fires on federal lands in Montana and across America.

Provides a $5.6 billion National Emergency Reserve to aid Montana and other states nationwide struck by disaster.

Provides more than $16 million to fund projects for flood control, water for the Rocky Boy Indian Reservation, and other water resource development.

Increases Montana’s funding over current levels to more than $3 million to help more Montana children awaiting adoption find loving homes faster.

The President’s Budget Funds Important Priorities for Citizens of Montana:

Improving Education. Provides the Education Department with the largest percentage spending increase of any federal department (11.5% or $4.6 billion) and triples funding for children’s reading programs.

Protecting Social Security. Locks away every penny of the $2.6 trillion Social Security surplus for Social Security.

Preserving Medicare. Spends every dime of Medicare receipts over the next 10 years only for Medicare, increases Medicare funding over the next year by $21 billion, and modernizes Medicare with an integrated prescription drug benefit.

Strengthening Defense. Improves quality of life of our troops & their families & begins the transition to a 21st century force.

Improving Healthcare. Doubles funding for NIH medical research on important health issues like cancer, the largest funding increase in NIH history. Creates more than 1,200 new community health centers nationwide to make health care more accessible.

Protecting the Environment. Fully funds the Land and Water Conservation Fund – a $900 million commitment, with more than $7 million targeted for Montana’s conservation efforts; gives the EPA the second highest operating budget ever -- $3.7 billion, with more than $22 million targeted for Montana’s environmental efforts; and increases funding for the EPA $56 million above the amount requested by President Clinton.

Montana Will Benefit from the President’s Historic Debt Reduction:

The President’s Budget provides the fastest, largest debt reduction in history and reduces the debt to its lowest share of the economy since World War I, which will benefit Montana citizens in many important ways.

Fair and Responsible Tax Relief for all Montana Taxpayers:

Provides the typical family of four in Montana paying income taxes $1,600 in tax relief.

An estimated 299,000 Montana taxpayers stand to benefit by the new, lowered rate structure.

More than 76,000 Montana small businesses and entrepreneurs will benefit from the tax cut.

A family of four in Montana making $35,000 a year will receive a 100% federal income tax cut.

A family of four in Montana making $50,000 a year will receive a 50% tax cut – receiving at least $1,600.

A family of four in Montana making $75,000 a year will receive a 25% tax cut.

The marginal income tax rate on low-income families will fall by more than 40%.

1 in 5 taxpaying American families with children will no longer pay income taxes – removing 6 million American families from the tax rolls.


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