Oct 05, 2017
The national debt is one of the greatest threats to Americans’ well-being.
The $18 trillion federal debt drains the economy in the form of higher taxes and interest rates, creates uncertainty for businesses, crowds out private investment and threatens to increase inflation, a hidden tax on families.
One of the reasons it has been so easy to keep adding to the debt is because Congress budgets with rules that are rigged to support increased spending. For instance, Congress assumes that spending will go up every year, so if funding for a program remains the same, politicians call it a “cut.” It also spends and borrows hundreds of billions of dollars every year without even passing a budget.
Congress needs to pass budget rules that prevent this from happening. At the very least, it’s time for Congress to stop assuming that spending will increase every year.
Washington has to start using real accounting rules and require the House and Senate to introduce balanced budget plans.
Oct 05, 2017
May 24, 2017
Arlington, VA — The White House released its full budget proposal for Fiscal Year 2018. Freedom Partners Vice President of Policy Nathan Nascimento issued the following statement: “This budget represents an important step…Read More
Apr 12, 2017
Arlington, VA – After signing an executive order in March to begin holding federal agencies accountable and develop plans to “improve their efficiency, effectiveness, and accountability,” the White House is issuing specific…Read More
Mar 16, 2017
Arlington, VA — The White House today released its budget proposal for Fiscal Year 2018. In it, the administration outlines its plan to rein in an ever-expanding federal bureaucracy, reduce out-of…Read More
Dec 22, 2016
Today, the U.S. Department of Commerce released its third and final estimate of gross domestic product (GDP) for the third quarter of 2016, announcing that the U.S. economy expanded at…Read More
Dec 07, 2016
Arlington, VA – Congress announced last night the details of a continuing resolution (CR) which would fund the government into next April. This fall, Freedom Partners and its coalition allies helped identify and…Read More
Nov 29, 2016
Today, the U.S. Department of Commerce released its second estimate of gross domestic product (GDP) for the third quarter of 2016, announcing that the U.S. economy expanded at an annualized…Read More
Nov 10, 2016
Sep 28, 2016
Arlington, VA – The U.S. Senate today agreed to advance a short-term continuing resolution, which funds the government until December 9 and sets Congress up to consider a massive 2017 spending…Read More