The New Democrat Coalition, a group of 46 House members who describe themselves as the "pro-growth, fiscally responsible wing of the Democratic Party," have announced a new platform designed to strengthen the role of moderates in Congress.
Among the many items on their “American Prosperity Agenda,” the New Dems pledge to "pursue a long-term, pro-growth fiscal reform that prioritizes investments in our future." If the New Dems really want to make good on this plank of their platform, here are five things they can do in this Congress.
1. Propose a Responsible Sequester Replacement
Lower discretionary spending caps will go back into effect on Oct. 1, enforced by an across-the-board sequester. But these lower caps were never supposed to actually take effect: they were designed to be so irrational that lawmakers would be induced to agree on a so-called "grand bargain" that addressed the real long-term drivers of our debt.
Because Congress could not agree to curb entitlement spending or raise more revenue, the discretionary budget -- the part of the budget that funds the "investments in our future" supported by...