Washington, D.C. – House Budget Committee Chairman Diane Black issued the following statement after the U.S. House of Representatives approved the budget resolution for fiscal year 2018. Passage of the budget resolution in both chambers of Congress paves the way for tax reform through the tool of reconciliation.
“I am proud that Congress agreed to a budget that reflects the shared priorities of both chambers and represents the golden key to unlock historic tax reform. Through tax reform, we can put more money in the pockets of hardworking Americans, provide much-needed tax relief and create more jobs. By passing this budget, I am pleased we can begin the process of advancing tax reform and ultimately get legislation to the president’s desk for his signature.”