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Budget & Spending Legislative Alerts
Americans for Prosperity is proud to join a coalition of free-market organizations that oppose H.R. 6477, the so-called "Taxpayer Protection Act."
The State Nutrition Assistance Flexibility Act (H.R. 6567) will merge the six food welfare programs in the Farm Bill into a single block grant, and also establish work requirements for able-bodied adults.
Yesterday, the CBO released a report that updated its predictions for the Social Security trust fund. Needless to say, the CBO’s numbers confirm that Social Security’s funding scheme has a dismal future ahead of itself.
If you were already worried about what the fiscal cliff could do to the economy, Moody’s announcement this past week probably didn’t make you feel much better. In case you aren’t aware, Moody’s Investors Service said that unless the United States Congress gets its fiscal act together, the U.S. government would likely face another potential downgrade on its debt sometime next year. This comes a year after Standard & Poor’s downgraded the United States’ credit-rating from AAA to AA+.
As the nation gets draws nearer to the fiscal cliff, House Budget Committee ranking member Chris Van Hollen (D-Md.) just reintroduced his proposal to stop the $109 billion in planned spending cuts (known as the sequester) reached under the Budget Control Act last summer. In traditional tax-and-spend liberal fashion, it’s heavy on tax hikes and [...]