Where Have All the Deficit Hawks Gone?
Despite all the blustering on the campaign trail about the debt and deficit, this week the Treasury Department announced a fiscal year 2018 deficit of $779 billion. This is the largest deficit since 2012, two years after the Tea Party wave swept Democrats out of power in the House in 2010.
What are budget hawks in Congress saying?
Blue Dog Coalition on Twitter: Unfortunately, we’re now seeing the repercussions of the partisan, deficit-exploding GOP tax law. But, it doesn’t have to be this way. Our future depends on both parties working together to get our nation’s fiscal house back in order. We can be fiscally responsible—we must be.
In The News
Representatives Mikie Sherrill, D-N.J., Josh Gottheimer, D-N.J., and Peter King, R-N.Y., have introduced H.J. Res. 72 to overturn U.S. Treasury Department regulations that bar the deduction of charitable contributions from federal taxes. The bipartisan action comes after the Treasury, in June, barred municipalities from creating work... Read More
WASHINGTON - Despite pushback from conservative Republicans, the budget and debt ceiling deal struck by the White House and House Speaker Nancy Pelosi, D-Calif., easily passed the Senate Thursday afternoon. Even with fears that the vote in the Senate would be tight, the legislation passed 67-28,... Read More
WASHINGTON — The U.S. Senate will leave for a six-week break without passing a bill to grant Temporary Protected Status, or TPS, for Venezuelans even though the House of Representatives passed a similar measure last week. Two Democratic senators, Bob Menendez of New Jersey and Dick... Read More
Last week, a bipartisan, bicameral coalition led by freshman Representative Sean Casten D-Ill., introduced legislation aimed at encouraging innovation that will reduce greenhouse gas emissions from industrial sources. Casten and his counterparts in the Senate, Senators Sheldon Whitehouse, D-R.I., and Shelley Moore Capito, R-W.Va., believe their... Read More
WASHINGTON - A House working group formed to negotiate changes to President Donald Trump's proposed U.S.-Mexico-Canada trade agreement told House Speaker Nancy Pelosi last week that while it's made substantial progress, it's still waiting for a counter proposal for requested changes from the White House. The... Read More
WASHINGTON — Senate Majority Leader Mitch McConnell did something Monday he rarely does — get riled up and respond directly to criticism as he defended his decision to block election security bills last week that Democrats attempted to bring to the floor by unanimous consent. He... Read More