WASHINGTON, D.C. – House Budget Committee Chairman Tom Price, M.D. (R-GA) and Senate Budget Committee Chairman Mike Enzi (R-WY) today announced that the Fiscal Year 2016 Budget Conference has reached an agreement on a joint Congressional balanced budget resolution.
The Chairmen noted that the conference agreement balances within 10 years, does not raise taxes, strengthens our nation’s defense, protects our most vulnerable citizens, improves economic growth and opportunity for hardworking families and stops the federal government’s out of control spending.
Read the full summary here.
“This balanced budget reflects a commitment on the part of the House and Senate to fulfill our obligation to be responsible stewards of taxpayer dollars,” said Chairman Price. “Our goal has always been to achieve real results for the American people, and I am grateful for the work of so many who have made this agreement and that effort successful. By working together we have provided a vision for how we can advance solutions to create more opportunity for Americans and a healthier economy, more accountability in Washington and a stronger, safer and more secure nation.”
“Now that the Senate is under new management, we are getting back to work rebuilding the trust of hard-working Americans and doing the people’s business,” said Chairman Enzi. “Congress is poised to approve a 10-year balanced budget for the first time since 2001, which represents an important step in confronting the nation’s chronic overspending. This will help change the way we do business here in Washington to make the government live within its means – just like hard-working families. Most importantly, this balanced budget will boost our nation’s economic output and restore the promise of a government that is more effective and accountable.”
Congressional Balanced Budget Resolution:
• Balances the Budget within 10 years without Raising Taxes
• Ensures a Strong National Defense
• Repeals Obamacare to Start Over with Patient-Centered Reforms
• Strengthens Medicare
• Protects Social Security
• Supports a Healthier Economy and Stronger Economic Growth
• Improves Efficiency, Effectiveness & Accountability of Government