Congressional Working Group to Unveil Legislation to Cut Spending, Reduce Deficit
(Washington, DC) – Four Members of Congress will announce tomorrow their formation of a new congressional “Spending Cuts and Deficit Reduction Working Group” and unveil legislation to cut billions of dollars in wasteful spending from the federal budget. Gary Peters (D-MI), chairman of the new working group, Co-chair John Adler (D-NJ) and the groups’ other founding members, Peter Welch (D-VT) and Jim Himes (D-CT), have each sponsored legislation to cut billions in wasteful discretionary spending and subsidies from the energy; treasury and housing and urban development; defense; and agriculture budgets, respectively. In total, the package’s spending cuts, ending of subsidies and closure of tax loopholes will reduce the deficit by over $70 billion.
The four Members will announce the formation of the new Spending Cuts and Deficit Reduction Working Group and discuss their legislation at a news conference tomorrow at 11:30 a.m. in room 340 of the Cannon House Office Building.
WHAT: News conference to announce new congressional “Spending Cuts and Deficit Reduction Working Group” and unveil legislation to cut billions of dollars in wasteful federal spending and subsidies
WHO: U.S. Representatives Gary Peters, John Adler, Peter Welch and Jim Himes
WHEN: 11:30 a.m. Tuesday, July 20, 2010
WHERE: Cannon House Office Building, room 340