Quigley Proposal: Reinvent the Federal Budget

Press Release

Today, U.S. Representative Mike Quigley (IL-05) took to the House floor, calling for Congress to end its ideological stalemate and reach a compromise in a deal to raise the nation's debt ceiling. Speaker John Boehner announced today he would send his plan to the House floor for a vote rather than return to the negotiating table, despite a pledge from more than 50 senators to vote against the bill.

"We will be remembered in spite of ourselves," Quigley said, quoting an 1862 address to Congress by President Abraham Lincoln. "President Lincoln told the story of a nation that faced terrible consequences and yet had the fortitude to charge ahead toward a victory that includes compromises."

Quigley authored a compromise deficit reduction plan to save $2 trillion over the next 10 years in his Reinventing Government: The Federal Budget reports. The two-part reform plan is aimed at putting the United States on solid financial footing for the short and long term. Part I focuses on more transparency in the budget process by bringing all federal spending on budget. Part II includes 60 recommendations to save $2 trillion dollars over 10 years.

Savings range from ending tax giveaways for oil and gas companies to reducing America's military presence in Asia and Western Europe. Read more about his recommendations here.

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