Passing responsibilities down to lower levels of government should be undertaken primarily to place services closer to the people being served and to maximize administrative
When economic conditions permit, states should accumulate budget reserves adequate to maintain services during recessions.
Deficit-reduction efforts should avoid cuts in programs that serve low- and moderate-income populations.
The federal government must strive for long-term fiscal balance.
Efforts to balance the budget or address shortfalls should remain the purview of the legislative branch.
Policymakers should provide for transparency and honesty in the budget process.
Governments should avoid enacting laws that are inconsistent with U.S. Supreme Court precedent on takings.
Federal legislation should provide a minimum level of consumer protections.
Congress should ensure that the Consumer Financial Protection Bureau (CFPB) is a strong and independent consumer protection regulator.
State and local governments should expand and strengthen consumer protections, as well as consumer outreach and education programs.