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Americans For Prosperity Americans for Prosperity (AFP) and Americans for Prosperity Foundation (AFP Foundation) are committed to educating citizens about economic policy and mobilizing those citizens as advocates in the public policy process. AFP is an organization of grassroots leaders who engage citizens in the name of limited government and free markets on the local, state and federal levels. The grassroots members of AFP advocate for public policies that champion the principles of entrepreneurship and fiscal and regulatory restraint.

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How Rescission Can Curb Spending: A Recap

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Unread 05.22.18, 03:43 PM
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How Rescission Can Curb Spending: A Recap

05.22.18 10:14 AM

Congress isnít exactly known for its frugality or responsible spending. The recent $1.3 trillion omnibus package is an obvious example. As a result of the measure’s passage, total federal spending this year will reach $4.1 trillion, with the greatest spending coming from entitlement programs. If Congress does not take immediate action, the deficit will hit $1.5 trillion in the next decade. Thankfully, funding approved through the omnibus bill has not yet been spent. Congress still has an opportunity to reduce the growing debt Ė by passing President Trumpís proposed*rescission package. These cuts to discretionary would be a positive first step toward responsible federal spending Ė and the least lawmakers in Washington could do ahead of the next federal budget deadline. Americans for Prosperity recently released a*report*highlighting more than $45 billion in wasteful spending increases from the omnibus bill that could be eliminated through rescission. Congress must act now*— while the opportunity still exists — to pass a rescission package that will slow the growth in spending while saving current and future generations of taxpayers billions. By starting with the passage of President Trumpís proposed rescission package, lawmakers can show they are serious about tackling overspending. This in turn will set […]

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