House Passes a Responsible, Balanced Budget
WASHINGTON—Earlier today, the House of Representatives passed H. Con. Res. 25, the budget resolution for fiscal year 2014. The House Republican budget stops spending money Washington doesn’t have and fosters a healthier economy to create jobs. This marks the third consecutive year House Republicans have passed a responsible budget on time.
Moments before passage of House Republicans’ responsible, balanced budget, Congressman and House Budget Committee Chairman Paul Ryan made the following statement on the House floor:
“This budget debate was constructive. It revealed each side’s priorities. We want to balance the budget. They don’t. We want to restrain spending. They want to spend more. We think taxpayers give enough to Washington. They want to raise taxes by $1 trillion—just take more to spend more. We want to strengthen programs like Medicare. They seem complicit in their demise. We see Obamacare as a roadblock to patient-centered reform. They see it as a sacred cow. We think national security is a top priority. They want to hollow out our military. We offer modernization and reform, growth and opportunity. They cling to the status quo.
"We are offering a responsible, balanced budget. It recognizes that if we can’t get a handle on our out-of-control debt, we will lose control of our future. We cut wasteful spending and balance the budget.
“This plan recognizes that concern for the poor is not measured by how much money we spend in Washington, but instead how many people we help get out of poverty. We reform anti-poverty programs so they work. We help strengthen communities and families.
“We recognize the need for a vibrant economy. According to two top economists, this plan would ‘boost the economy immediately.’ Right away, it would result in 500,000 more jobs and $1,500 more take-home pay for families. We would have 1.7 million more jobs and $4,000 more per family in the tenth year alone.
“So what can be done? The good news is that we now have a vehicle for regular order. Democrats derailed the budget process when they gave up governing a few years ago. Nearly four years without a budget. We brought them back in the game this spring. That is a good thing. In the weeks ahead, we will make the case for our approaches to the budget. We will try to make divided government work.
“We owe the American people a responsible, balanced budget. That’s what we’re delivering today.”