WASHINGTON—Tonight the House Budget Committee approved the House Republican fiscal year 2015 budget, the Path to Prosperity. The House will consider the budget resolution on the floor next week. Upon passage of the resolution, Chairman Paul Ryan of Wisconsin issued the following statement:
“For the fourth year in a row, the House Budget Committee has passed a balanced budget. I want to thank all of our members for their hard work and their dedication.
“This budget lays out a long-term vision for the country. It will grow the economy and create jobs. It will strengthen key priorities like national security and Medicare. It will restore fairness by rooting out cronyism. And it will stop spending money we don’t have.
“It is absolutely critical that we tackle these challenges, and tonight, we took a step in the right direction.”