Protecting Hardworking Taxpayers and Getting Our Fiscal House in Order
The current budget deficit, created by generations of lawmakers in Washington, is a serious problem that did not get created overnight and will not get solved overnight either. But by working together, we can take commonsense steps that move our country in the right direction.
Like so many across our district, I learned at a young age that balancing the family pocketbook and living within our means is a question of values. I believe that what we cannot do is balance the federal budget on the backs of middle class families, seniors, students and veterans while cutting taxes for big oil companies, corporations that ship our jobs overseas and millionaires and billionaires on Wall Street.
What we can, and should do, is start by rooting out instances of government waste, fraud and abuse. The nonpartisan Government Accountability Office reports issued in 2011 and 2012 found widespread waste and inefficiency in federal programs. For example, the federal government has 47 job training programs, 44 of which overlap. Consolidating these programs that overlap can save us tens of billions of dollars. Federal agencies need to be made more efficient, so we can reduce spending without reducing the many important benefits people receive from these programs.
That’s why as my first piece of legislation, I introduced the Government Waste Reduction Act, a common sense bill that would reduce duplicative services and root out waste in government, while preserving crucial services and programs. The bill moves forward on recommendations the GAO made and that would reduce duplication in government, save taxpayer money and enhance revenue.
Other policies I support include:
- Lowering healthcare costs, which are a part of the fiscal problem that need to be addressed. We should start by letting Medicare negotiate for lower drug prices.
- Ending tax loopholes for companies that ship jobs overseas.
- Eliminating corporate handouts like special tax breaks for oil companies.
More on Fiscal Responsibility
MOLINE, IL - Today, Congresswoman Cheri Bustos applauded news that the U.S. Treasury Department formally rejected the Central States Pension plan which would have made drastic cuts to the retirement benefits of more than 270,000 workers and retirees, including more than 29,000 in Illinois.
MOLINE - Today, Congresswoman Cheri Bustos (IL-17) applauded the 6-5 vote by the Commission on Government Forecasting and Accountability to recommend keeping the Illinois Youth Center at Kewanee open. With their formal recommendation, the decision now falls to Governor Rauner. If the Governor decides to close the Kewanee Center, it would cost nearly 200 hardworking men and women in Henry County their jobs.
Washington, D.C. - Today Congresswoman Cheri Bustos voted to help pass H.R. 2029, a comprehensive tax extenders package that will preserve tax cuts for working families while providing economic incentives that will help local manufacturers like Caterpillar and John Deere grow. The bill, which passed by a bipartisan vote of 318 to 109 has received the support of President Obama and is expected to be signed into law after a vote in the Senate.
Washington, D.C. - Today, Congresswoman Cheri Bustos (IL-17) spoke on the House Floor in support of S. 614, the Federal Improper Payments Coordination Act, which passed the House of Representatives by unanimous consent. In May, Rep. Bustos introduced this bill with Congressman Mick Mulvaney (R-SC), which is designed to save taxpayer dollars utilizing 21st century data analytics to eliminate improper payments and rein in waste and fraud across federal agencies.
WASHINGTON, D.C. – Today, Congresswoman Cheri Bustos (IL-17) voted for the Bipartisan Budget Act of 2015, a two year bill to fund the federal government. While Bustos largely agreed with many positive aspects of the compromise, she strongly pushed back on a provision that would have harmed Illinois farmers.
Washington, DC - This afternoon, U.S. Rep. Cheri Bustos cast her vote to pass a bipartisan reauthorization of the Export-Import Bank that expired on July 1st. Earlier this month, she signed a bipartisan discharge petition, the first one to be successful since 2002, to circumvent the Speaker and force today’s reauthorization vote. The bill was passed by a bipartisan coalition of Democrats and moderate Republicans.
Washington, D.C. - Today, U.S. Rep. Cheri Bustos voted to prevent a government shutdown before tonight’s midnight deadline. For the past two weeks, Bustos led an effort with the backing of the majority of the Democratic Caucus that urged Speaker Boehner to keep the House in session every day rather than waiting until the last possible moment to stop a shutdown.
This past weekend, Congresswoman Cheri Bustos (IL-17) traveled to Peoria and Rockford to talk about the impact that a government shutdown would have on our local economy.