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Arlington, Va. – Today, to focus the conversation on putting the federal budget on a path to fiscal responsibility, Senator Mitt Romney, Senator Joe Manchin, Senator Todd Young, Senator Doug Jones, and Senator Kyrsten Sinema introduced the Time to Rescue United States’ Trusts (TRUST) Act. U.S. Representatives Mike Gallagher, Ed Case, William Timmons, and Ben McAdams also introduced companion legislation in the House of Representatives. The TRUST Act would create bicameral, bipartisan “Rescue Committees” tasked with proposing reforms that would save and improve endangered trust fund programs currently headed towards insolvency.
Russ Latino, Americans for Prosperity Vice President of Economic Opportunity, issued the following statement:
“The first step in any recovery is to admit there is a problem. The TRUST Act represents a good faith effort to start a long overdue conversation about how we secure America’s future for families, retirees and generations to come as many of the programs Americans have come to rely on lurch toward financial insolvency. Tackling these problems will require political courage from leaders of all stripes. We’re hopeful that the TRUST Act will help refocus both parties on the gravity of this looming crisis and the need for solutions. Americans for Prosperity and its network of activists across the country look forward to being a part of this important conversation in the coming months.”
Americans for Prosperity released a report in July warning that a failure to change course on federal spending and debt would threaten the quality of life for all Americans. The report details the lasting consequences of out of control government spending. It outlines immediate actions Congress can take – including many reforms to endangered trust fund programs – to avoid this rapidly approaching crisis and secure a brighter future for all Americans.
For further information or to set up an interview, please send an email to GCipriano@afphq.org.
Through broad-based grassroots outreach, Americans for Prosperity (AFP) is driving long-term solutions to the country’s biggest problems. AFP activists engage friends and neighbors on key issues and encourage them to take an active role in building a culture of mutual benefit, where people succeed by helping one another. AFP recruits and unites activists in 35 states behind a common goal of advancing policies that will help people improve their lives. For more information, visit www.AmericansForProsperity.org