Since taking office, President Trump and Congressional Republicans have pursued a set of fiscal policies that are in direct conflict with the needs and priorities of the American people.
House Budget Committee Ranking Member John Yarmuth and House Appropriations Committee Ranking Member Nita Lowey sent a joint letter to Office of Management and Budget Director Mick Mulvaney, urging him to work with Democrats on a bipartisan agreement to raise discretionary spending limits and to adequately fund discretionary programs in the President's 2020 budget.
Democratic Congresses and Presidents have presided over eras of deficit reduction and even balanced budgets, and Democrats have pushed to require Congress to pay for major new initiatives. While Republicans’ main approach to federal budget deficits is to simultaneously create and complain about them, Democrats have actually done something about them.
Ranking Member John Yarmuth today spoke out against the GOP’s tax cut 2.0 package on the House floor.
The U.S. economy is strong, with a historic bull market and solid economic indicators. However, many middle- and working-class Americans are benefitting little from the economy as their wage gains are being wiped out by inflation.