The Trump administration and Congress have reached a budget agreement that will boost spending by a staggering $321 billion over the next two years. In exchange for this massive spending hike, the legislation purports to trim spending by $77 billion, but these "savings" would not begin to take effect until fiscal year 2028, if ever. The National Taxpayers Union will urge members of Congress to oppose the deal.
“This is a horrendous deal and a complete abdication of fiscal responsibility,” said NTU Executive Vice President Brandon Arnold. “Speaker Pelosi and Senate Minority Leader Schumer have completely outfoxed Republican negotiators by foisting hundreds of billions in debt-financed spending on American taxpayers while making virtually no pro-taxpayer concessions.”
The massive spending hike will blow through the caps put in place by the Budget Control Act of 2011, which was negotiated by a Republican Congress and signed by President Obama. “This deal puts the final nail in the coffin of the BCA,” Arnold said. “If the BCA had been kept in place it would have saved $16,463 per American household over ten years.”
"Responsible Members of Congress should oppose the budget deal and force Pelosi and Schumer to agree to a modicum of fiscal restraint as part of this package," added Arnold.
To speak with NTU Executive Vice President Brandon Arnold about the details of the deal and why taxpayers should be horrified, contact NTU Vice President of Communications Kevin Glass at 703-299-8670 or at firstname.lastname@example.org.