It’s no secret that Washington is addicted to spending. Though, it’s true that the budget deficit is expected to decline this year, after four consecutive years of $1+ trillion deficits, the decline is spending isn’t because of any actual spending restraint, it’s a result of gridlock in government.
But declining budget deficits don’t reflect the desires of many members of Congress. According to a new report from the National Taxpayers Union Foundation (NTUF), the net-cost of legislation introduced in 112th Congress (proposed increases less proposed cuts) would have increased the federal budget by $1.3 trillion.
Despite the large increase in federal spending proposed last year, the “BillTally” report has some encouraging findings. Demian Brady, director of research at NTUF, noted that there was a increase in legislation to cut spending.
“The 112th Congress saw a sharp rise in the number of bills to reduce federal spending, with 221 introduced in the House and 127 in the Senate,” wrote Brady. “This is the highest number of spending-cut bills NTUF has recorded since the 105th Congress (1997-1998) when there were 265.” The report also found that legislation to increase federal spending is “being introduced at a much slower pace than in the previous Congress.”