Loading...

Blue Dogs Support Taking a Bite Out of Skyrocketing National Debt

December 11, 2019 by Dan McCue
Blue Dogs Support Taking a Bite Out of Skyrocketing National Debt

WASHINGTON – The Blue Dog Coalition of House Democrats on Thursday threw their support behind H.R. 5211, The Sustainable Budget Act of 2019, which would create a fiscal commission charged with balancing the federal budget within a decade.

The bill was introduced by Rep. Ed Case, D-Hawaii, co-chair of the centrist coalition’s Task Force on Fiscal Responsibility, and Rep. Steve Womack, R-Ark.

The legislation has received praise from the nonpartisan Committee for a Responsible Federal Budget (CRFB).

The Sustainable Budget Act would charge a National Commission on Fiscal Responsibility with proposing strategies designed to balance the federal budget within ten years and improve the long-term federal fiscal outlook.

The commission would also recommend ways to address the growth in entitlement spending. It would be comprised of 18 members, including members of both parties.

“The underlying cause of our accelerating national deficit and debt is our collective inability to prioritize fiscal responsibility,” Rep. Case said. “We need an external bipartisan task force to focus independently and comprehensively on the deficit and debt.”

Rep. Ben McAdams, D-Utah, the other co-chair of the Blue Dog Task Force on Fiscal Responsibility and Government Reform, said on Thursday, the budget process in Washington is broken.

“The only way we can return to getting a balanced federal budget is to change what we’re doing now with the goal of returning to sound budgeting principles and policies,” he said.

The commission’s final recommendations would be due to Congress no later than one year after the Commissioners are appointed. 

If the proposal is supported by at least 12 members of the committee, including at least four members of each party, it would receive expedited consideration in the House and Senate.

In The News

Health

Voting

Federal Budget

January 13, 2022
by Dan McCue
Sense of Urgency Grows as Deadline for New Spending Bill Approaches

WASHINGTON — With most eyes on Capitol Hill glued to the drama transpring in the Senate this week over the... Read More

WASHINGTON — With most eyes on Capitol Hill glued to the drama transpring in the Senate this week over the fate of the filibuster and a pair of sweeping election reform bills, a small group of lawmakers is quietly working to come to an agreement that... Read More

January 7, 2022
by Dan McCue
Americans Growing More Concerned Over National Debt, Peterson Survey Finds

WASHINGTON — With the nation’s debt standing at a record $29 million, a growing number of Americans are growing increasingly... Read More

WASHINGTON — With the nation’s debt standing at a record $29 million, a growing number of Americans are growing increasingly concerned that unsustainable federal spending will upend the economy and ultimately, their personal well-being, finds a new analysis from the nonpartisan Peter G. Peterson Foundation. According... Read More

December 16, 2021
by Dan McCue
Biden Signs Bill to Raise Debt Ceiling, Averting Default

WASHINGTON — President Joe Biden has signed a bill raising the debt ceiling by $2.5 trillion, setting aside with the... Read More

WASHINGTON — President Joe Biden has signed a bill raising the debt ceiling by $2.5 trillion, setting aside with the stroke of his pen the daunting prospect that the nation  would default on its debts. The White House announced the signing of the bill without comment... Read More

December 15, 2021
by Dan McCue
Senate Approves Defense Authorization Bill

WASHINGTON — The Senate on Wednesday afternoon passed the National Defense Authorization Act, ending a prolonged standoff on amendments, many... Read More

WASHINGTON — The Senate on Wednesday afternoon passed the National Defense Authorization Act, ending a prolonged standoff on amendments, many of which were jettisoned from the final bill. In the end the vote was a decidedly bipartisan 89-10. The bill will now go to President Biden’s... Read More

December 8, 2021
by Dan McCue
House Approves Measure to Assure Swift Passage of Debt Ceiling Increase

WASHINGTON — The House approved legislation on Tuesday paving the way for an increase in the debt ceiling after congressional... Read More

WASHINGTON — The House approved legislation on Tuesday paving the way for an increase in the debt ceiling after congressional leaders on both sides of the aisle agreed to an unusual procedure that could avert the nation’s first-ever budget default. The procedural measure would limit Senate... Read More

December 3, 2021
by Dan McCue
Senate Passes Stopgap Funding Bill, Avoiding Shutdown

WASHINGTON — The Senate passed a stopgap spending bill Thursday night that ended the threat of a short-term government shutdown... Read More

WASHINGTON — The Senate passed a stopgap spending bill Thursday night that ended the threat of a short-term government shutdown this weekend and will keep the government running through Feb. 18, 2022. The vote in the senate came just hours after the House approved the measure... Read More

News From The Well
Exit mobile version