Budget

Debt Ceiling: A Good Vehicle for Budget Process Reform

On March 7, 2017, the Congressional Budget Office (CBO) announced that if the debt ceiling was not raised or extended before March 16, the U.S. Treasury would be unable to borrow funds for standard operating procedures.  Since then, the Treasury has been forced to use accounting maneuvers known as “extraordinary measures” to keep the government running, but these work-arounds will only delay the inevitable debate that Congress must have.  Eventually, Congress will have to decide how to address the debt ceiling, or the federal government will default on its payments and risk an economic crisis.

We Won't Always Have Paris

Yesterday, President Donald Trump withdrew from the Paris Climate Treaty or, as it is often called, the Paris Accord.  He righted what has been a bone of contention since the agreement's birth at the Paris climate change meeting in November 2015.  Many senators and policy analysts have rightfully argued the climate agreement was a treaty and should have been submitted to the Senate for advice and consent, as the Constitution requires.  But, President Obama did not want to submit it to the Senate because he knew it would not be ratified.  Instead, he continued his executive overreach and implemented the policy illegally with his “pen and his phone.”  Chris Horner and Marlo Lewis of the Competitive Enterprise Institute discuss in their May 2017 report the serious legal and economic consequences to the U.S. if President Obama’s actions were not reversed.

CAGW Releases May 2017 WasteWatcher

For Immediate Release Contact: Curtis Kalin 202-467-5318
May 19, 2017  

(Washington, D.C.) – Today Citizens Against Government Waste (CAGW) released its May 2017 WasteWatcher, a monthly dispatch to members of the news media, highlighting some of the most prominent fiscal issues affecting American taxpayers.  The stories from its May edition of WasteWatcher are listed in part as follows:

Making Unauthorized Spending Wrong Again

As President Donald J. Trump continues his campaign to “Make America Great Again,” Citizens Against Government Waste (CAGW) will borrow on that theme, as described in the title of this article, by continuing to advocate for reforms of the way that Congress does business.  One of the best efforts in this regard is H.R. 2174, Republican Conference Chair Cathy McMorris Rodgers’ (R-Wash.) Unauthorized Spending Accountability (USA) Act, which she introduced on April 26, 2017.

Making the Case for Dynamic Scoring

When Congress considers legislation to lower taxes, the Congressional Budget Office (CBO) will be using dynamic scoring to help estimate its cost.  In 2015, Congress required CBO to use dynamic scoring on legislation with an impact of at least 0.25% of gross domestic product over the next 10 years (about $45 billion in 2015), or at the request of the Budget Committee chairman.

CAGW Names Rep. Steny Hoyer April 2017 Porker of the Month

For Immediate Release Contact: Curtis Kalin 202-467-5318
April 25, 2017  

Citizens Against Government Waste (CAGW) named House Minority Whip Steny Hoyer (D-Md.) its April 2017 Porker of the Month for his ridiculous attack on the most pro-taxpayer budget proposal in decades. 

Citizens Against Government Waste Praises President Trump's First 100 Days

For Immediate Release Contact: Curtis Kalin 202-467-5318
April 24, 2017  

(Washington, D.C.) – Citizens Against Government Waste (CAGW), America’s largest taxpayer watchdog group, applauded the numerous effective actions taken by President Donald Trump during his first 100 days in office to curb rampant waste, fraud, abuse, and mismanagement in the federal government.

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CAGW Names Rep. Mike Rogers November 2018 Porker of the Month

Rep. Hoyer is CAGW's Porker of the Month for his support for being a leading proponent of a wasteful sixth military branch called the Space Force.