WASHINGTON—Today, the fiscally-responsible Blue Dog Coalition has announced its endorsement of H.R. 4907, Time to Rescue United States’ Trusts (TRUST) Act, which would create congressional committees specifically tasked to develop legislation to restore and strengthen endangered federal trust funds.
- Largest deficit cuts in history by 2014
- Cut the deficit by $4 trillion over the next 10 years
- Stabilize the debt and maintain a debt ratio to 60 percent of GDP by 2024
- Return to 2008 spending levels by 2013
- Reduce the deficit to 2.3 percent of GDP in 4 years
- Reduce the size of government
- Achieve deficit reduction with 2/3 spending cuts, 1/3 tax reform
Everything must be on the table:
- Discretionary Spending Cuts – both security and non-security
- Tax Reform
- Entitlement Reform
- Other Mandatory Policies
- Process Reforms
2010 Blue Dog Blueprint for Fiscal Reform
WASHINGTON—Today, members of the fiscally-responsible Blue Dog Coalition sent a letter to House Speaker Nancy Pelosi, House Majority Leader Steny Hoyer, and Rep. Jim McGovern (MA-02), Chairman of the House Committee on Rules, calling for House leadership and committee chairs to abide by the bipartisan Pay-As-You-Go (PAYGO) rule, which requires Congress to pay for new priorities.
WASHINGTON—Today, the co-chair of the fiscally-responsible, Democratic Blue Dog Coalition, Rep. Lou Correa (CA-46), released the following statement in response to the House passage of a Continuing Resolution to fund the federal government through November 21, 2019:
WASHINGTON—Today, the co-chairs of the Blue Dog Task Force on Fiscal Responsibility & Government Reform—Reps. Ed Case (HI-01) and Ben McAdams (UT-04)—issued the following statement in response to the latest report released by the nonpartisan Congressional Budget Office (CBO), revealing that the federal deficit exceeded $1 trillion in the first 11 months of fiscal year 2019:
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 co-chairs of the Blue Dog Task Force on Fiscal Responsibility & Government Reform—Reps. Ed Case (HI-01) and Ben McAdams (UT-04)—issued the following statement in response to the Congressional Budget Office (CBO) 2019 Long-Term Budget Outlook:
WASHINGTON—Today, Blue Dog Co-Chair for Communications, Rep. Lou Correa (CA-46), issued the following statement in response to Speaker Nancy Pelosi’s remarks at the Peter G. Peterson Foundation’s 2019 Fiscal Summit, where she reaffirmed her support for the bipartisan Pay-As-You-Go (PAYGO) rule, which requires Congress to pay for new priorities:
WASHINGTON—Today, the Blue Dog Coalition sent a letter to House Democratic leadership calling for leadership to abide by the bipartisan Pay-As-You-Go (PAYGO) rule, which requires Congress to pay for new priorities. Specifically, the Coalition requested that leadership only designate items on the Consensus Calendar for consideration under a process that does not waive other House rules, including those that are intended to keep our fiscal house in order.
A group of moderate House Democrats is proposing a balanced budget amendment to the Constitution as they try to further distance themselves from the party’s progressive wing, which is backing big boosts in spending for social programs and infrastructure.
The move by the so-called Blue Dog Coalition adds to tension over ideology and priorities among Democrats as the House prepares to vote this week on legislation that would add $350 billion in deficit spending over the next two years.
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.