Tag: fiscal responsibility

Bipartisan Lawmakers Target ‘Wasteful’ Government Spending Amid Debt Limit Stalemate

March 7, 2023
118th Congressbipartisan billcongressdebt ceilingdebt limiteconomyfiscal responsibilityNational SecurityPoliticsU.S. national debtUSUS Newswasteful spending
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As members of Congress continue their deliberations over the national debt crisis, a bipartisan group of lawmakers are renewing their efforts to cut down on “wasteful” government spending. 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…

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Biden Reverses $27.4 Billion in Spending Cuts Proposed by Trump

February 1, 2021
Executive Branchfiscal responsibilityformer president donald trumpPoliticspresident joe bidenUSUS News
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President Joe Biden on Sunday said he is withdrawing a package of spending cuts proposed by former President Donald Trump prior to leaving office. Biden informed House Speaker Nancy Pelosi (D-Calif.) that he is withdrawing the 73 proposed rescissions previously delivered to Congress totaling $27.4 billion in spending cuts. Trump unveiled his spending cut package…

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