Chairman Ryan Praises Passage of the Pro-Growth Budgeting Act
“Hardworking taxpayers across America are demanding, as they should, more transparency, accountability, and restraint in how Washington is spending their money. The Pro-Growth Budgeting Act enables lawmakers to proceed with a greater degree of caution when considering major legislation, because it enhances the toolkit that the CBO uses to analyze legislation. I commend Congressman Tom Price for his strong leadership in advancing this important piece of legislation.
WASHINGTON – Earlier today, the U.S. House of Representatives passed H.R. 3582, the Pro-Growth Budgeting Act. Authored by Congressman Tom Price (R-GA), the Pro-Growth Budgeting Act requires the Congressional Budget Office (CBO) to provide lawmakers with a macroeconomic analysis of the economic impact of major legislation before Congress.
Following passage of H.R. 3582, House Budget Committee Chairman Paul Ryan issued the following statement:
To learn more about the Pro-Growth Budgeting Act, and the House Budget Committee’s continued effort to reform the broken budget process, click here.