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R Street supports the Maximizing America's Prosperity (MAP) Act


Dear Members of Congress,
We, the undersigned organizations representing millions of Americans nationwide highly concerned by our country’s unsustainable fiscal trajectory, write in support of the Maximizing America’s Prosperity (MAP) Act, to be introduced by Rep. Kevin Brady (R-Texas) and Sen. Mike Braun (R-Ind.). As we stare down a mounting national debt of over $28 trillion, the MAP Act presents a long-term solution to our ever-worsening spending patterns by implementing a Swiss-style debt brake that would prevent large budget deficits and increased national debt.
Since the introduction of the MAP Act in the 116th Congress, our national debt has increased by more than 25 percent, totaling six trillion dollars higher than the $22 trillion we faced less than two years ago in July of 2019. Similarly, nearly 25 percent of all U.S. debt accumulated since the inception of our country has come since the outset of the COVID-19 pandemic. ....

United States , Michael Melendez , Jonathan Bydlak , Grover Norquist , Lisab Nelson , James Taylor , Kevin Bradyr Texas , Rick Esenberg , Ryan Ellis , Jon Caldara , Kevin Roberts , Jenny Beth Martin , Tom Schatz , Brett Healy , Bob Mcclure , Garrett Bess , Phil Kerpen , Brandon Arnold , Adam Brandon , David Mcintosh , David Williams , Andrewf Quinlan , Bob Barr , Andrew Langer , Wayne Hoffman , James Madison Institute ,

Can Republicans and Democrats finally address the national debt?


Can Republicans and Democrats finally address the national debt?
Perhaps the most surprising outcome of the 2020 elections is the narrowness of the governing margins in Congress. While Joe Biden was expected by most observers to be the next president, it was unexpected to many that Republicans narrowed the gap in the House. The Senate, meanwhile, has the narrowest margin possible (a 50-50 split with Vice President Kamala Harris as the tiebreaking vote) the first time the Senate has been evenly divided since 2003.
Recent battles [1] over “reconciliation” aside, it goes without saying that only legislation with substantial bipartisan support can realistically pass in this environment. Pandemic relief is perhaps the most obvious example, and while significant disagreements still exist over the size and scope of any package, further relief otherwise enjoys widespread support on both sides of the aisle. ....

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