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Lame-Duck Priorities Outlined by PPI’s Center for Funding America’s Future, Fiscal Discipline and Reining in Inflation Key

• December 1, 2022
• Ben Ritz
• Nick Buffie

PPI’s Center for Funding America’s Future today called on Congressional Leaders to prioritize the fight against inflation above all else as both Chambers race to complete the legislative priorities of the 117th Congress.

In their memo to leadership, Ben Ritz and Nick Buffie argue that Congress should not cut taxes or increase spending over the next year or in future years without concurrently offsetting the costs over the same time period. Doing so would double down on a borrowing binge that has worsened inflation and raised costs for hardworking Americans.

PPI’s Center for Funding America’s Future’s outlines key priorities for lawmakers to address in a fiscally responsible way that supports our economy and helps the Federal Reserve bring down inflation:

• Providing adequate appropriations for normal government operations and new public investments
• Supporting the fight for democracy in Ukraine
• Restoring some expansion of the child tax credit
• Restoring immediate expensing for R&D investments
• Improving retirement security without costly budget gimmicks, and
• Passing energy permitting reform to boost energy supply and combat climate change

Read and download the memo here:

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The Progressive Policy Institute (PPI) is a catalyst for policy innovation and political reform based in Washington, D.C. Its mission is to create radically pragmatic ideas for moving America beyond ideological and partisan deadlock. Learn more about PPI by visiting progressivepolicy.org.

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