Budget & Deficit Reduction
More on Budget & Deficit Reduction
WASHINGTON—Today, Blue Dog Co-Chair for Administration, Rep. Stephanie Murphy (FL-07), issued the following statement on the House passage of the Bipartisan Budget Act of 2019:
"The future of our nation depends on Members of Congress finding the political courage to work together and make the tough decisions to get our nation's fiscal house back in order. It's clear that the bipartisan budget deal lacks this courage from both parties by abandoning fiscal discipline altogether and allowing $1 trillion deficits to be signed into law.
WASHINGTON—Today, members of the Blue Dog Coalition released a comprehensive plan to help restore fiscal discipline in Congress. The Blue Dog Blueprint for Fiscal Reform outlines an extensive list of priorities that help reduce our budget deficits and begin to bring down our national debt. Today, the national debt is more than $22 trillion—an unprecedented amount. On the current path, next year, the federal government will spend more servicing interest on the debt than all federal funding that supports children in the United States.
WASHINGTON— Today, the fiscally-responsible Blue Dog Coalition announced that it has endorsed a Balanced Budget Amendment, which was authored by Rep. Ben McAdams (UT-04), co-chair for the Blue Dog Task Force on Fiscal Responsibility and Government Reform. Rep. McAdams is the first House Democrat to introduce a Balanced Budget Amendment during the 116th Congress.
WASHINGTON—Florida Congresswoman Stephanie Murphy, a member of the House Ways and Means Committee and co-chair of the Blue Dog Coalition, took part in a hearing in Congress where she criticized the Trump Administration's approach to fiscal discipline. At a Ways and Means hearing on the President's budget proposal for the upcoming fiscal year, Murphy questioned U.S. Treasury Secretary Steve Mnuchin on the Administration's failure to acknowledge the threat of our growing debt.
WASHINGTON—Today, the Blue Dog Coalition Co-Chair for Communications, Rep. Lou Correa (CA-46), issued the following statement in response to President Trump's budget proposal:
WASHINGTON—Yesterday, the Co-Chairs of the Blue Dog Coalition's Task Force on Fiscal Responsibility and Government Reform—Reps. Ed Case (HI-01) and Ben McAdams (UT-04)—delivered remarks before the House Budget Committee to draw attention to the national debt and call for a fiscally-responsible budget.
You can watch the full remarks by Rep. Ed Case here and Rep. Ben McAdams here.
EXCERPT: Rep. Ed Case's Budget Committee Testimony
WASHINGTON—Today, in an exclusive CNN Opinion editorial, the co-chairs of the Blue Dog Coalition—Reps. Anthony Brindisi (NY-22), J. Luis Correa (CA-46), Stephanie Murphy (FL-07), and Tom O'Halleran (AZ-01)—pointed out President Trump's failure to mention the nation's looming fiscal crisis during last week's State of the Union address.
WASHINGTON—Today, Blue Dog Co-Chair for Communications, Rep. Lou Correa (CA-46) issued the following statement in response to President Trump's State of the Union address:
Today, the co-chairs of the fiscally-responsible, Democratic Blue Dog Coalition—Reps. Jim Costa (D-CA), Henry Cuellar (D-TX), and Daniel Lipinski (D-IL)—released the following statement in response the release of Rep. Kevin Brady's (R-TX) listening session framework, "Tax Reform 2.0":
Today, the non-partisan Congressional Budget Office (CBO) released the 2018 Long-Term Budget Outlook report. According to the CBO, federal debt held by the public will approach 100 percent of gross domestic product (GDP) within the next 10 years and 152 percent of GDP by 2048—far surpassing any amount of debt our country has ever held.