Blog Post
Under the control of Senate Democrats, "The Senate went three months this spring without voting on a single legislative amendment, the nitty-gritty kind of work usually at the heart of congressional lawmaking," The Washington Post reports. "So few bills have been approved this year, and so little else has gotten done, that many senators say they are spending most of their time on insignificant and unrewarding work."
Today, the Congressional Budget Office (CBO) released its annual Long-Term Budget Outlook, which had some sober news for the American people.
Key points from CBO's Long-Term Budget Outlook:
Federal Debt Is Soaring: The debt has doubled since the onset of the financial crisis, and CBO concludes the growth in the debt is "unsustainable."
Now Is the Time to Act: CBO says that prompt decisions to rein in future deficits would expand employment and economic growth.