Fiscal Responsibility

Fiscal Responsibility
Over the years, Democrats have shown our commitment to restoring fiscal responsibility by taking actions that have reduced our national deficit while investing in the American people’s priorities.

Over the years, Democrats have shown our commitment to restoring fiscal responsibility by taking actions that have reduced our national deficit while investing in the American people’s priorities.

During the 117th Congress, House Democrats delivered the landmark Inflation Reduction Act, which will reduce the deficit by over $300 billion while lowering health care and energy costs and taking action on climate change.

In sharp contrast, Republicans jammed their 2017 Trump Tax Scam through Congress without a single hearing, gifting trillions of dollars in unpaid-for tax handouts to the wealthiest Americans and large corporations while leaving our nation with ballooning deficits. They have repeatedly held our economy hostage to benefit their irresponsible ideological agenda, whether creating artificial “fiscal cliffs,” shutting down the government, or bringing our nation to the brink of defaulting on its obligations.

With other landmark legislation delivered during the 117th Congress, including the American Rescue Plan, the Bipartisan Infrastructure Law, and the CHIPS and Science Act, Democrats have worked to invest in economic recovery, job creation, all while cutting the deficit in half last year. Democrats are committed to continuing our work to restore sound, long-term fiscal management so future generations can afford to invest in opportunities, secure the American Dream, and ensure workers have the tools to Make It In America.

Fiscal Responsibility Related
Mr. Speaker, the Budget Act adopted in 1974 requires that the House complete work on its budget for the next fiscal year by April 15. That's 172 days ago.

Rep. [Ruben] Gallego, thank you very much for inviting us to this press conference. I had a colloquy on the Floor with the Majority Leader last week, and I asked him whether or not we were going to have the issue of the border wall that was going to be open for amendment and open for debate.


Republicans control the House, the Senate, and the White House, and they have a responsibility to govern and deliver results for the American people. Yet, over halfway through the year, Republicans have no major legislative accomplishments. 


Today’s GOP quote of the day is a good reminder for our Republican friends that budget/shut down/debt limit brinksmanship hasn’t gotten them anywhere in the past. With only six weeks in session before the August recess, and no proposed budget, no approps bills passed, and a pressing need to raise the debt limit, we’ll see whether they listen to Republican Study Committee Chair Mark Walker (R-NC). From CQ’s Budget Tracker:


Thank you very much Ranking Member Waters who has done such a great job at protecting our consumers and our financial stability. 


With control of both chambers of Congress and the White House, Republicans have a responsibility to lead and get things done on behalf of the American people. 


This week, President Trump released his budget for fiscal year 2018. His proposal makes draconian cuts to programs that help working Americans get ahead in order to pay for tax cuts for the wealthy. 


Today, President Trump released his budget proposal for Fiscal Year 2018. According to press reports, Trump’s budget makes it clear that he is not fighting for working Americans and their families.


The House began the week on a bipartisan basis, with a majority of Democrats and Republicans coming together to support a bill to fund the government for the remainder of the fiscal year.


Thank you very much. I am pleased to rise in support of this legislation.


The decision today by Puerto Rico’s governor to seek a judicial reorganization of the island’s debts and put its finances on solid footing is the responsible thing to do.  


I am so pleased to be here, in the House. I am not pleased that we are considering a Continuing Resolution.


I am so pleased to be here, in the House. I am not pleased that we are considering a Continuing Resolution.


Nobody believes that the Democrats want to shut down the government, period. That's irrational. 


One of the groups just put out a cost analysis of the.. and we just have a one-page paper.


“’Fool me once,’ the old adage says, and ‘shame on you; fool me twice, shame on me.’  


Cost sharing reductions are and should continue to be permanent, mandatory funding. That is the law. 


The Trump White House must not remember how the last shut down played out. With just four days in session before the April 28 deadline, reports indicate the White House and some Republicans are ready to shut down the government in order to fund their border wall. A look at some recent polling shows just how unpopular that would be with the American people:

From CQ Roll Call:


Once again, President Trump has selected a nominee to lead an agency that individual believes should not exist and has tried to destroy. 


April 12th marks 100 days of the GOP-controlled 115th Congress. Republicans are the governing party, with majorities in both the House and Senate and control of the White House. Yet their deep division and dysfunction has resulted in chaos, incompetence, and the inability to govern.


This week, the GOP-led House completed a six-week work period, and I am deeply disappointed that House Republicans’ dysfunction prevented the House from getting things done for the American people during that time.


Congress has just seven legislative days to fund the government before the current continuing resolution expires on April 28.


Following the collapse of Republicans’ TrumpCare bill, Democrats stand ready to work with Republicans to improve the Affordable Care Act and ensure access to quality, affordable health care for all Americans.


Today's Congressional Budget Office report on the long-term budget outlook ought to serve as a warning that Congress must work in a bipartisan way to put America's fiscal house in order.