Bipartisan Lawmakers Target ‘Wasteful’ Government Spending Amid Debt Limit Stalemate
While members of Congress are continuing to deliberate over the national debt crisis in Congress, a bipartisan group is redoubling their efforts for reducing it. “wasteful” Spending by the government
Legislation passed by the Senate in December aims to address the problem by requiring federal agencies to provide Congress with a list of programs for potential consolidation or elimination—specifically those that are deemed “unnecessary, defunct, or unnecessarily duplicative,” Could be managed more efficiently by another agency or operate more effectively when combined with other activities or programs.
Yet to be considered in the House, the bill—dubbed the Identifying and Eliminating Wasteful Programs Act—will be reintroduced on March 7 by Sen. Maggie Hassan (D-N.H.), Sen. Mike Braun (R-Ind.According to, Rep. Henry Cuellar of Texas and Rep. Nancy Mace from South Carolina. The Hill.
“Duplicative or wasteful programs in the federal government often go on for too long without being eliminated,” Hassan said In December, after the Senate’s passage of the bill.
“I introduced this bipartisan bill with Sen. Braun because we need to ensure that the federal government is identifying and stopping these wasteful programs.
“It was a pleasure for me to see the Senate pass this sensible legislation that will save taxpayer money and improve the efficiency of our government. I urge you to push the House to adopt it.”
The bipartisan push for increased fiscal responsibility comes as national debt ceiling negotiations between Democrats and Republicans have reportedly reached an impasse on Capitol Hill.
Currently, the national debt ceiling—which limits how much debt can be incurred by the Treasury Department—is capped at $31.4 trillion. In January, the government reached that threshold, prompting the Treasury to employ “extraordinary measuresTo prevent default
Recent MCSI survey reportThe likelihood of an American debt default is high tripled Since January, to “levels never seen since 2013 Debt-Ceiling Debate.”
However President Joe Biden Janet Yellen, Treasury Secretary urged Congress must increase the debt limit to prevent a financial catastrophe.” Republicans have said they would need spending concessions from Democrats before agreeing to an increase.
“Democrats demand that Republicans vote to increase the debt limit in order to pay for billions of dollars more spending. It is a politically stunt.” said Rep. Kevin Hern (R-Okla.), chairman of the House Republican Study Committee, on Feb. 1.
Last week, in rebuke of the government’s “Braun presented a list of “unbalanced budgets and reckless spending,” which Braun described as “wasteful spending.” resolution Recognize the threat of national security by officially recognizing national debt.
Braun stated in March that the United States’ staggering national debt was the biggest national security risk. However, no one is willing to discuss it. statement.
Washington needs to have the political will to rein in reckless spending and to restore order and regularity to solve our fiscal crisis.”
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