Fiscal Responsibility

Fiscal Responsibility
Over the years, Democrats have shown our commitment to restoring fiscal responsibility by taking actions that have reduced deficits while investing in the American people’s priorities. In contrast, Republicans adopted fiscally irresponsible policies that have led to exploding deficits.

Over the years, Democrats have shown our commitment to restoring fiscal responsibility by taking actions that have reduced deficits while investing in the American people’s priorities. In contrast, Republicans adopted fiscally irresponsible policies that have led to exploding deficits. Republicans jammed their 2017 tax scam through Congress without a single hearing, gifting a massive, unpaid-for tax handout to the wealthiest Americans and large corporations while leaving our nation with ballooning deficits. They have repeatedly held our economy hostage to their ideological agenda, whether creating artificial “fiscal cliffs,” shutting down the government, or bringing our nation to the brink of defaulting on its obligations. With Democratic control of Congress and the White House, the days of manufactured fiscal crises for the purpose of advancing political interests comes to an end.

Years of Republican irresponsibility left our nation ill-prepared to address an emergency of the scale of the COVID-19 pandemic and its economic consequences. Democrats’ first priority is responding to that crisis; once it has passed, and as Democrats work to invest in economic recovery, job creation, and other pressing issues, we will also work to restore sound, long-term fiscal management so future generations can afford to invest in opportunities and securing the American Dream.

Fiscal Responsibility Related

I think it's probably the most irresponsible budget I’ve seen and most unrealistic budget I’ve seen, and I doubt very seriously that Republicans on either the Appropriations or the authorizing committees think it can be accomplished or should be accomplished.

3/16/17

While glaringly short on detail, today’s release by the Trump Administration of its discretionary budget proposals makes clear what we suspected to be true: a Trump budget would embark on the most radical disinvestment in America we’ve ever seen.

3/16/17

With the debt limit reinstated at midnight, it is critical that Democrats and Republicans in Congress work together to pass a clean debt limit extension before the Treasury Department’s extraordinary measures are exhausted.

3/15/17

House Democratic Whip Steny H. Hoyer (MD) sent a letter today to Speaker Paul Ryan (R-WI) urging Republican leadership to respect the role of the Congressional Budget Office as an independent and nonpartisan arbiter, and urge their members to do the same. 

3/13/17

No matter how Republicans try to spin it, the Congressional Budget Office (CBO) score released today makes clear that the American people will have to pay more for less under their plan.

3/13/17

The February report from the Bureau of Labor Statistics, showing a gain of 227,000 private sector jobs last month, is a strong sign that the Obama recovery was a resounding success when it comes to job creation. 

3/10/17

Under the regular order that Speaker Ryan promised would govern the House on his watch, the proper procedure is for a committee markup on major legislation to take place after the Congressional Budget Office (CBO) has had an opportunity to analyze it and release an estimate of its cost and economic impact.  

3/7/17

It’s taken seven years to see the Republican plan to repeal the Affordable Care Act, and it’s no wonder they’ve kept it hidden from the American people for so long. Check out how much MORE American families will have to pay (for less coverage, of course) both today and in 2020, according to an analysis from Vox:

3/7/17

This week, President Donald Trump addressed a Joint Session of Congress.

3/3/17

Don’t just take our word for it – a look at the headlines shows that we aren’t the only ones who thought the President’s speech was long on empty rhetoric and short on substance:

Roll Call: In Joint Address, Trump Offers Congress Few Policy Details

3/1/17

I don't know what's going to happen because the Republicans have been talking about that for six years, about how they want to repeal the Affordable Care Act. 

3/1/17

Tonight, President Trump stood before the United States Congress and gave a speech long on rhetoric but short on any real policy agenda.

2/28/17

Tonight, President Trump stood before the United States Congress and gave a speech long on rhetoric but short on any real policy agenda.  

2/28/17

Just as we predicted, House Republicans are back to the drawing board on their draft reconciliation bill. From the Hill:

“A day after House conservatives panned a leaked GOP draft ObamaCare replacement plan, a top Republican leader on Tuesday described the proposed legislation as ‘no longer even a viable draft that we’re working off of.’”

2/28/17

Tonight, House Republicans voted unanimously to deny the American people access to the secrets hidden in President Trump's tax returns. 

2/27/17

The budget proposals released by the Trump Administration today double-down on the rejection of math, economics, and common sense that made Republican budgets unrealistic and ill-conceived over the last several years.

2/27/17

As Congressional Republicans head to Philadelphia today for their three-day retreat, we wanted to be sure you had their updated (and by updated, we mean alternative) itinerary. Check it out here:

Wednesday, January 25, 2017

1:00 PM: How to Take Health Care Away from 30 Million Americans

2:00 PM: Town Hall Survival Guide: Planning Your Escape Route

3:00 PM: What Women Want: Lower Wages and No Reproductive Choice

1/25/17

Yesterday, President Trump issued an Executive Order. He imposed a hiring freeze on the federal workforce. 

1/24/17

Today’s report on the budget outlook by the nonpartisan Congressional Budget Office shows that while the actions taken during the Obama Administration are having a positive short-term impact on deficits, our long-term fiscal challenges remain.  

1/24/17

Today’s report by the nonpartisan Congressional Budget Office underscores why so many Americans from across the political spectrum are outraged by Republican plans to move forward with a repeal of the Affordable Care Act without a workable replacement.  

1/17/17

Yesterday’s analysis by the Office of Management and Budget exposes Republicans’ budget resolution for the gimmick it is: nothing more than a partisan effort to take health coverage away from tens of millions of Americans that never achieves balance and adds $9.5 trillion to our national debt over the next ten years. 

1/10/17

The budget resolution introduced today by Senate Republicans represents a brazenly cynical use of the federal budget process to advance the political aim of repealing the Affordable Care Act.  

1/3/17

If President-Elect Trump wishes to implement his economic agenda, which nonpartisan budget experts have said would create unprecedented deficits, it is surprising that he would choose someone like Rep. Mick Mulvaney to serve as his budget director. 

12/18/16

While I believe the House took the appropriate action today to prevent another unnecessary government shutdown, I believe that passing yet another continuing resolution is not the right approach to funding our government.  

12/8/16