CCAGW Praises FY 2016 House Balanced Budget Resolution

March 17, 2015 1:08 PM EDT

WASHINGTON--(BUSINESS WIRE)-- Today, the Council for Citizens Against Government Waste (CCAGW) praised House Budget Committee Chairman Tom Price’s (R-Ga.) fiscal year (FY) 2016 Budget Resolution. The blueprint balances the budget in less than 10 years, a clear divergence from President Obama’s budget, which never balances at all.

The budget proposal cuts waste, improves accountability, and eliminates redundancies in the federal government. A particularly laudable component is the elimination of “double dipping” of Social Security Disability Insurance and Unemployment Insurance, as recommended by the Government Accountability Office (GAO) on March 4, 2015. The budget proposal also makes note of duplicative programs that need to be consolidated, including food aid and housing assistance that not only waste millions of taxpayer dollars but also fail to achieve their stated objectives.

The budget includes numerous recommendations from “Prime Cuts,” such as the privatization of Fannie Mae and Freddie Mac, the elimination of the Commerce Department’s Hollings Manufacturing Extension Program and International Trade Promotion Activities, and the termination of dozens of green energy grants funded in the stimulus bill that would “protect taxpayers from being on the hook for future boondoggles.” The 2015 Prime Cuts will be released on April 1.

Moreover, the budget proposal’s commitment to devolving programs to the states, particularly Medicaid, food stamps, and educational programs, will spur innovation, increase flexibility, and save taxpayers money. Government that is closer to the people governs more effectively, with less waste and more accountability.

“We are very supportive of Chairman Price’s budget proposal and look forward to working closely with the committee to safeguard the interests of taxpayers,” CCAGW President Tom Schatz said. “We are also pleased to see the budget contains many Prime Cuts recommendations. With the national debt more than $18 trillion, it is time to balance the budget and end deficit spending in Washington.”

The Council for Citizens Against Government Waste is the lobbying arm of the nation’s largest nonpartisan, nonprofit organization dedicated to eliminating waste, fraud, abuse, and mismanagement in government.

CCAGW
Curtis Kalin, 202-467-5318

Source: Council for Citizens Against Government Waste (CCAGW)



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Press Releases

Related Entities

Barack Obama