Rep. Blake Moore proposes a bipartisan bill to revamp the congressional budgeting system
They’ve proposed a bill that they say would help Congress tackle the debt. Read more
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They’ve proposed a bill that they say would help Congress tackle the debt. Read more
House Speaker Nancy Pelosi (D-CA) and Senate Minority Chairman Chuck Schumer (D-NY) speak after a press conference on Capitol Hill in Washington, DC.
Click here to watch Ranking Member Capito’s opening remarks from the committee hearing. WASHINGTON, D.C. – Today, the Senate Environment and Public Works (EPW)
The Blueprint for Balance provides detailed recommendations for the annual congressional budget. Over the next decade, the national debt is projected to nearly overtake the country’s economy. Congress should take steps to drive down spending now—including through reform of entitlement programs—to a balanced budget, while maintaining a strong national defense, without raising taxes.
The goal of fiscal policy in the 118th Congress is to reverse the growth of government spending and inflation. The rules and processes by which lawmakers approach this important task can either set them up for success or failure. Therefore, it is vital that the new Congress adopt the right approach that provides the tools it needs to accomplish its goal. Congress should strengthen the rules and processes used to implement fiscal policy in three ways: