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WASHINGTON, D.C. -- In response to the rumor of a deal on the discretionary spending caps, Adam Brandon, FreedomWorks President, commented:
“Democratic and Republican ‘leaders’ in Congress appear more than content to bankrupt America. This rumored discretionary spending caps deal shows how out of touch the political class is with the rest of the country. Congress is drowning the country in a river of red ink. The recent long-term projections released by the CBO were a dark reminder of the future that we face if we don’t get our fiscal affairs in order.
“Although there are rumors of at least some off-sets, we’re concerned that one potential off-set in the form of price controls for prescription drugs will significantly chill innovation and damage the American healthcare system. This will inevitably lead to calls for far more expensive fixes, only exacerbating the existing issue. We should not insulate this area of our economy from market forces, but rather let the private sector craft the most efficient, cost-effective solution.”
In April, FreedomWorks led a coalition letter to Senate Majority Leader Mitch McConnell (R-Ky.) and House Minority Leader Kevin McCarthy (R-Calif.) urging them not to bust the discretionary spending caps. The letter was signed by the Coalition to Reducing Spending, the Club for Growth, Americans for Tax Reform, and several other organizations that advocate for less spending and limited government.