July 29, 2014

House Committee Approves 2012 Budget Resolution

  • The federal budget is an expression of our country's values. Where we choose to spend and at what levels, how and who we tax, and the borrowing we...

With a partisan vote of 22-16, the House Budget Committee last week approved Rep. Paul Ryan's proposed 2012 budget resolution and sent it to the House floor. According to the committee, the resolution would reduce deficits for the next 10 years by an additional $1.6 trillion compared to CBO's baseline.

Democrats on the committee offered 20 amendments, most of which were rejected in partisan votes. The committee approved amendments adding non-binding language that expresses support for considering national security spending for deficit reduction and providing additional resources for priorities such as child support enforcement and veterans health care. The full House is scheduled to consider the budget resolution later this week.