deficit

Democrats Spin McConnell Entitlement Comments Into Political Messaging
McConnell says Republicans cannot tackle program on their own but Democrats warn of GOP action

Sen. Chris Van Hollen, D-Md., says a vote for the GOP is a vote to cut Social Security, Medicare and Medicaid, spinning Senate Majority McConnell’s comments that Republicans can’t execute that goal on their own. (Bill Clark/CQ Roll Call file photo)

Democrats are spinning comments Senate Majority Leader Mitch McConnell recently made on overhauling entitlements to craft a political message that electing Republicans will lead to cuts in safety net programs. 

“Sen. McConnell gave the game up in his comment yesterday,” Maryland Sen. Chris Van Hollen, who chairs the Democratic Senatorial Campaign Committee, said on a press call Wednesday. “It was very clear from what he said that a vote for Republican candidates in this election is a vote to cut Social Security, Medicare and Medicaid. That’s what he said.”

Capitol Ink | Red Wave

Do Debt and Deficits Matter? It Depends on Who's Minding U.S. Fiscal Policy: Podcast
CQ on Congress, Episode 116

Chairman Kevin Brady, R-Texas, sits in front of books of the U.S. tax code, during a House Ways and Means Committee markup of the Republicans' tax reform plan in November. (Tom Williams/CQ Roll Call file photo)

The Congressional Budget Office recently revised its earlier, already dire warning that the national debt will be 150 percent larger than the entire U.S. economy within 30 years — and GOP budget and tax proposals could make a bad situation much worse.

CQ News editors Patrick B. Pexton and Pete Cohn discuss the political landscape of debt and deficits heading into what could be a fateful midterm election.

Podcast: The GOP's About-Face on Deficits
CQ Budget, Episode 54

Boxes containing the President Donald Trump’s budget request for fiscal year 2019 are unpacked by staff in the House Budget Committee hearing room on Monday morning, Feb. 12, 2018. (Photo By Bill Clark/CQ Roll Call)

Capitol Ink | Quagmire

Capitol Ink | Deficits of Love

Podcast: The GOP’s Fiscally Toxic Combo
CQ on Congress, Episode 90

Storm clouds pass over the dome of the U.S. Capitol building on Tuesday, Jan. 23, 2018. (Photo By Bill Clark/CQ Roll Call)

Bob Bixby, executive director of The Concord Coalition, a nonpartisan group that encourages fiscal responsibility in Washington, explains how the adoption of the deficit-busting budget deal could affect the overall economy and why cutting entitlements may pose a problem for the GOP.

Show Notes:

Capitol Ink | Magic Feather

Ep. 4: How Obamacare Could Lead Republicans to a Fiscal Train Wreck
Budget Tracker Extra

Various fiscal issues are piling up for Congress but remain unresolved, largely due to the GOP’s inability to agree on a roadmap to repealing Obamacare, says CQ Roll Call’s senior budget reporter Paul Krawzak. He explains how the Trump administration is approaching its first budget, but cautions that the end result might even be no budget at all.

Show Notes:

Republicans Could Face Trouble Balancing Next Budget
The GOP has a formidable challenge in trying to write a fiscal 2018 resolution that balances in a decade

Republican Sens. Ted Cruz of Texas, left, and Mike Lee of Utah want to eliminate the deficit within 10 years.(Photo By Tom Williams/CQ Roll Call)