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Blaine's Bulletin: A Budget that Sets the Stage for Tax Reform

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Washington, October 6, 2017 | comments
This week, the House of Representatives passed the Fiscal Year 2018 budget which will serve as the foundation for growing our nation’s economy, reining in the national debt, and setting the stage for tax reform.
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This week, the House of Representatives passed the Fiscal Year 2018 budget which will serve as the foundation for  growing our nation’s economy, reining in the national debt, and setting the stage for tax reform.

This critical vote addresses Washington’s fiscal crisis by balancing the budget in 10 years and creates an outline for Congress to enact real tax reform that will bring substantial growth and jobs to America.

This budget reconciliation legislation gives reconciliation instructions to 11 House committees to achieve at least $203 billion in mandatory savings and reforms. This is the largest mandatory reform package in 20 years and begins to change the culture of excessive spending in Washington. It also includes significant funding to secure the border, bolster our national defense, and increased accountability at the Department of Veterans Affairs to ensure our veterans receive the care they deserve.

The budget that passed was not the only proposed budget debated on the House floor. Three additional proposals were submitted by House Democrats and received broad Democratic support. Some of the provisions in the Democrat sponsored budgets include raising taxes on the American people by $3.9 trillion, adding a single-payer option to Obamacare, and eliminating spending caps on the federal government. Additionally, the Democrat budgets called for expanding the death tax on families, and providing $500 billion in green jobs for renewable energy. Not only did House Republicans pass a fiscally responsible, pro growth budget, but we successfully defeated the Democrat tax and spend budgets that will bankrupt our country.

The House of Representatives, the Senate, and the Trump Administration have a real opportunity to restore prosperity in our country with tax reform, and we are committed to making that happen. Our country has not come close to reaching its full economic potential in almost 10 years. Now is the time to fix that with pro-growth tax reform this year.

This budget shows America that House Republicans hear their voice and have answered their call – we are committed to advocating for an agenda that puts the American people first. 

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