Chairman Ryan Statement on the Path to a Responsible Budget Process
WASHINGTON¬Earlier today, House Republicans announced a path forward on the nation’s near-term budget challenges. The 1974 Congressional Budget Act requires passage of a budget resolution by April 15 each year. Under Senator Harry Reid’s leadership, the Senate has refused to pass a budget for 1,360 days. As the Administration and Congress work through opportunities to cut government spending, there will be no consideration of a long-term debt-ceiling increase unless both the House and the Senate pass a long-term budget plan. The plan also includes a bipartisan proposal to withhold Senators’ salaries if they fail to pass a budget.
In response to the plan outlined by House Republican leaders, House Budget Committee Chairman Paul Ryan issued the following statement:
“I stand in strong support of the agreement reached by my colleagues today. Our conference has united around a common-sense proposal. It rests on the recognition that our challenge is twofold: We have to pay our bills today, and we have to make sure we can pay our bills tomorrow. To achieve both ends, we must cut spending and budget responsibly.