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Today, for the first time in over 10 years, the House voted to give pay-as-you-go (PAYGO) rules the force of law, a move that would bring a level of fiscal discipline to the federal government not seen since Congress balanced the budget in the 1990's.
Today, under the leadership of Representative Scott Murphy of New York, members of the Blue Dog Coalition will introduce the Tax Information for New Fiscal Oversight (INFO) Act, a commonsense budget enforcement tool that would require The Joint Committee on Tax (JCT) to provide Congress and the public with a straightforward analysis of each provision in the tax code. The Tax INFO Act, the latest component of the Blue Dog Blueprint for Fiscal Reform, would take real steps to make the federal government more accountable to American taxpayers.
Today, members of the fiscally conservative Democratic Blue Dog Coalition, under the leadership of Representative Kurt Schrader (D-OR), announced their plans to introduce the "Preventing Waste, Fraud and Abuse Act of 2010," a critical component of the Blue Dog Blueprint for Fiscal Reform. This legislation fulfills the program integrity component of the blueprint by making strategic investments in programs aimed at preventing wasteful government spending.
Members of the fiscally conservative Democratic Blue Dog Coalition have officially endorsed legislation calling for public input in the redistricting process, a step toward easing the partisan gridlock that often blocks bipartisan solutions to the challenges facing our country. The bipartisan "Redistricting Transparency Act" (HR 4918) is led by Blue Dog founding member Representative John Tanner (TN) and Representative Mike Castle (R-DE).
Today, members of the fiscally conservative Democratic Blue Dog Coalition will continue the roll out of their blueprint for fiscal reform with the introduction of the "Targeted Deficit Reduction Act of 2010." The legislation, which sets concrete goals for deficit reduction and compels Congress to take action in order to meet those goals, would take another significant step toward putting the country back on a sustainable fiscal course.
Today, under the leadership of Idaho Representative Walt Minnick, members of the fiscally conservative Democratic Blue Dog Coalition continued the roll out of their blueprint for fiscal reform with the introduction of the Budget Enforcement Legislation Tool "BELT" Act of 2010. This commonsense legislation would require Congress and the president to work cooperatively to eliminate spending programs that are duplicative, inefficient, and outdated.
Today, members of the fiscally conservative Blue Dog Coalition, under the leadership of Indiana Representative Joe Donnelly, introduced the "Forecast for the Future Act of 2010," a critical component of the Blue Dog Blueprint for Fiscal Reform that would require Congress and the President to take into account the nation's long term financial obligations as part of the federal budget process. In 2009, the Department of the Treasury estimated projected entitlement spending at approximately $62 trillion over the next 75 years.