Tammy Baldwin
Press Release

U.S. Senator Tammy Baldwin Statement on Bipartisan Budget

"This bipartisan budget agreement is far from perfect but it can provide some much needed certainty for our economy by preventing the ongoing Republican threats of a government default and shutdown."

By - Oct 30th, 2015 10:26 am

Washington, D.C. — U.S. Senator Tammy Baldwin, a member of the Senate Budget and Appropriations Committees, released the following statement regarding the Bipartisan Budget Act of 2015:

“For months, Senate Democrats called for bipartisan budget negotiations but Congressional Republicans ignored that call for compromise, so they have only themselves to blame for choosing a broken process and chaos that once again led us to the brink of a government default and shutdown. This bipartisan budget agreement is far from perfect but it can provide some much needed certainty for our economy by preventing the ongoing Republican threats of a government default and shutdown.

“This budget agreement restores investments in both our national and economic security, ensuring that every dollar of investment in defense is matched by a dollar of investment in a stronger economy and middle class. Increasing incomes for working families and investing in stronger economic growth are my top priorities so I support this bipartisan budget because it will strengthen investments in education, job training, research and innovation, and rebuilding our bridges, roads and ports. These investments can help us create jobs and improve the incomes of families struggling to get ahead.

I have been fighting to pass legislation that would prevent a premium hike for Wisconsin seniors so I’m also pleased that this agreement protects many seniors from a massive increase in Medicare premiums, in addition to, strengthening Social Security Disability Insurance.

“I believe we can do better going forward. This was a missed opportunity to address the fact that for too long our tax code has been rigged by powerful interests to benefit millionaires and billionaires. As a result we have an economy that rewards only those at the top, while the incomes of ordinary Americans have flat lined. As Wisconsin’s economy lags behind and middle class families live paycheck to paycheck, hedge fund managers on Wall Street continue to get tax breaks. That’s not fair and it needs to change. I will continue my fight to advance tax reform legislation I have introduced to end the carried interest loophole. This loophole allows Wall Street millionaires and hedge fund managers to pay a lower tax rate than many truck drivers, teachers and nurses. We need to eliminate this loophole to make sure those at the top are paying their fair share so we can invest in an economy that works for everyone, not just the wealthy few.”

Press Releases by Tammy Baldwin

Tammy Baldwin
Tammy Baldwin

U.S. Senators Tammy Baldwin, Sherrod Brown and Bob Casey Introducing ‘Buy America’ Amendment to Water Infrastructure Bill, Call on Republican Leaders to Take Action

Republican House leadership removed the Buy America reform, which previously passed the Senate by 95-3

Tammy Baldwin

U.S. Senator Tammy Baldwin Statement on Removal of ‘Buy America’ Reform in Water Infrastructure Bill

“By removing my Buy America standard, Speaker Ryan and House Republicans are embracing the status-quo in Washington.”

Tammy Baldwin

U.S. Senator Tammy Baldwin Releases Statement on Nomination of Wealthy Insider with Deep Roots on Wall Street for Treasury Secretary

“Wisconsin families struggling to get ahead do not want foxes guarding the hen house.”

Tammy Baldwin

U.S. Senator Tammy Baldwin’s Bipartisan Digital Coast Act Unanimously Passes the Senate

Legislation aids Great Lakes communities by delivering next generation coastal data

Tammy Baldwin

U.S. Senator Tammy Baldwin Votes for Bipartisan Reform to Increase Access to High Quality Health Care in Rural Wisconsin

Rural communities in Wisconsin and across the country face many challenges in accessing high-quality health care.

See More Releases

Leave a Reply

Your email address will not be published. Required fields are marked *