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Reducing the Federal Budget
April 30, 2010
Dear Friends,
I recently became a co-sponsor of the Spending Reduction Act of 2010 to require the federal government to cut non-defense and non-security spending by nearly 6%, saving the American taxpayers over $400 billion.
The proposal, which will reinstate caps on federal discretionary spending, is a key component of the Blue Dog Blueprint for Fiscal Reform, a comprehensive plan to reduce the deficit, balance the budget, and lay the groundwork for sound fiscal policies over the long term.
Specifically, this proposal would:
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Cut non-security discretionary spending by 2% for each of the next 3 years, and freeze spending levels for the subsequent 2 years.
- Complement the recently restored statutory PAYGO law which will help prevent increases in mandatory spending.
- Force Congress to prioritize our limited resources and make the tough year-to-year decisions necessary to restore balance to the federal budget.
Originally enacted under bipartisan agreements in the 1990s, discretionary spending caps have a proven track record of controlling spending and reducing the deficit. Alternatively, since they were allowed to expire in 2002, discretionary spending has jumped by more than $538 billion, an alarming trend that threatens to cripple the nation’s economy and saddle future generations of Americans with mountains of debt. This important legislation is a solid step toward getting the federal budget under control in order to build a foundation for a better and brighter tomorrow.
As always, please continue to keep me informed of your opinions and concerns by phone at (202) 225-2731 or by visiting my website.
Sincerely,
U.S. Congressman Mike McIntyre
Representing the 7th District of North Carolina |
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Lumberton, NC
500 North Cedar Street
Lumberton, NC 28358
(910) 735-0610
fax (910) 739-5085
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Fayetteville, NC
301 Green Street, Room 218
Fayetteville, NC 28301
(910) 323-0260
fax (910) 323-0069
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Wilmington, NC
201 North Front Street, Suite 410
Wilmington, NC 28401
(910) 815-4959
fax (910) 815-4543 |
Bolivia, NC
310 Government Center
Drive, NE
Building S, Unit 1
Bolivia, NC 28422
(910)-253-0158
fax (910)-253-0159 |
Washington, DC
2437 Rayburn House Office Bldg.
Washington, DC 20515
(202) 225-2731
fax (202) 225-5773
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