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Speeches & Statements
Chairman Womack Opening Remarks at FY 2019 Budget Markup
"Today, I am pleased the Committee is fulfilling our duty to advance our balanced, responsible, and optimistic vision for fiscal year 2019: Budget for a Brighter American Future."
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Introducing Budget for a Brighter American Future
Budget for a Brighter American Future reflects a balanced and responsible vision that further promotes economic growth and confronts the real fiscal challenges casting a shadow of doubt on the future.
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House Budget Committee Unveils “Budget for a Brighter American Future”
This budget balances in nine years, addresses unsustainable mandatory spending, continues economic growth, encourages better government and greater accountability, and empowers state and local governments.
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A Fiscally Responsible Step
Last week, the House passed H.R. 3, the Spending Cuts to Expired and Unnecessary Programs Act, which mirrors President Donald Trump’s rescissions request recently transmitted to Congress.
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Chairman Womack Speaks on “Commonsense” Rescissions Request
Today, Chairman Steve Womack spoke in support of H.R. 3, the Spending Cuts to Expired and Unnecessary Programs Act.
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Federal Trust Funds 101
It is not a matter of if, but when. Without significant reform to save Medicare and Social Security, these programs will become insolvent and will fail.
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Rescissions 101
A rescission is the permanent cancellation of previously enacted budget authority, which eliminates the Administration’s ability to spend a specific amount of money on a specified program.
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Reconciliation 101
Triggered by the adoption of a concurrent budget resolution, reconciliation is a powerful tool in the budget process.
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Chairman Womack: “Balancing the budget is a team effort”
"While the House Budget Committee is responsible for putting forward a budget resolution, that plan is made better when members of the whole House actually engage in the process."
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