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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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After $2 Trillion in New Spending, Congress Needs to Find Offsetting Cuts

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Unread 04.07.20, 07:56 PM
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After $2 Trillion in New Spending, Congress Needs to Find Offsetting Cuts

04.07.20 02:30 PM

Arlington, VA –*AFP Chief Government Affairs Officer Brent Gardner issued the following statement on recent reports that the Senate is considering $250 billion in additional funding for the Paycheck Protection Program, which provided an initial $350 billion for businesses to cover payroll and expenses during the coronavirus pandemic. * “After $2 trillion in new spending, American’s can’t afford another $250 billion without first seeing the offsetting cuts that will pay for it. We agree the Paycheck Protection Program provides targeted and timely relief to help businesses keep people on the payroll and off the unemployment line, but it can’t come at the expense of our long-term fiscal health. If more emergency support is needed for businesses harmed by the economic shutdown in response to the coronavirus, Congress must do it responsibly by making cuts elsewhere. The need to move swiftly to address today’s crisis shouldn’t be an excuse to ignore tomorrow’s.”

The post After $2 Trillion in New Spending, Congress Needs to Find Offsetting Cuts appeared first on Americans for Prosperity.

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