Today, the House passed “No Budget, No Pay Act,” which temporarily suspends the current $16.4 trillion limit on federal borrowing until May 18, 2013. If Congress fails to adopt a budget by April 15, the salaries of members will be held in a separate account until a budget is adopted. Here's what you need to know.
In 2012 the “fiscal cliff” crisis had lawmakers in Washington scrambling for a last-minute deal to avert a series of tax hikes and spending cuts that were made by formula—not by making the hard decisions. Over the years, much of the talk in Washington has been familiar while our debt continues to grow.
Enough is enough. We need to hold our representatives accountable and restore fiscal sanity. Please consider contributing $5 today to Public Notice, to help us keep up the pressure with our "Talk Is Cheap. Overspending Is Not." campaign against all the broken promises to get our spending under control.
Today the House is expected to vote on the PLAN Act, a bill that would require the president to submit an additional budget outline if his fiscal year 2014 offering doesn’t balance the budget. Here are the five things you need to know about the PLAN Act.