This is our opportunity to fulfill the promises we made to the American people. We cannot afford to let this moment pass. Building a Better America sets us on a sustainable fiscal path, promotes our security, and encourages prosperity.
For years, House Republicans have made a commitment to balance the budget. With our national debt and deficits continuing to increase at an unsustainable rate, the time to take action is now. We no longer have the option to shy away from our responsibility to promote a fiscal path that helps create prosperity and ensures opportunity for future generations.
Our budget, Building A Better America, balances within 10 years. For too long, the federal government’s excessive spending has put future generations at risk. Massive tax increases or crippling austerity measures are the natural conclusion of our current rate of spending, and future generations will pay the price. Failure to take swift and decisive action is inexcusable.
The status quo is not acceptable. Our budget is one of sustainability, smaller government, stronger national security, and more freedom for individuals. The status quo is unsustainable spending, higher deficits and debt, higher taxes bigger government, and more federal control over the lives of Americans.
We have a better way.
In past years, the budget resolution passed by the House Budget Committee has been a statement of principles – a vision for a long-term fiscal path to sustainability and prosperity. This year is different. The budget resolution is no longer a theoretical outline with little chance of implementation. It is the concrete fulfillment of our promise to the American people.
To achieve these goals, our budget resolution provides a path that will require subsequent legislation. But this Congress is committed to following through on our promises.
Building a Better America achieves the goals we have laid out this year and in past Congresses.
frequently asked questions (FAQs)
Q: When does the House Republican budget balance?
This budget reaches balances within 10 years, just like the past four House Republican budgets, and produces a $9 billion surplus in 2027.
Q: How much does this budget reduce the deficit?
This budget achieves $6.5 trillion in total deficit reduction over 10 years.
Q: What are the topline discretionary spending numbers for fiscal year 2018?
Don't miss a beat. Keep up with the budget as it makes its way through the House of Representatives.