RSC | Citizens Against Government Waste

RSC

CBO’s 2020 Economic Outlook Shows Trillion-Dollar Deficits Are Here To Stay

Unsurprisingly, the United States’ fiscal outlook remains dreadful.

February 6, 2020 — Peter Klensch 1581015880

Republican Study Committee Stands Firm on Budget Negotiations

Concerns are rising in Washington regarding the status of an agreement between House Speaker Nancy Pelosi (D-Ca.) and the White House to raise the discretionary spending caps imposed by the Budget Control Act of 2011. If nothing is done, the government will run out of funding and have to shut down on October 1, 2019. The current budget caps will expire at that time and the sequestration process will automatically trigger around $120 billion in across-the-board cuts to domestic and military spending.

July 22, 2019 — Allen Johnson 1563824789

RSC Budget Provides Only Clear Path Toward Fiscal Responsibility

The national debt stands at more than $22 trillion, with trillion-dollar deficits right around the corner.  Entitlement spending continues to rise and is projected to make up 60 percent of spending for Fiscal Year (FY) 2020.  Social Security will exceed its income in 2020 for the first time since 1982 and Medicare is set to become insolvent by out in 2026. 

May 2, 2019 — Peter Klensch 1556818425

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