House Budget Committee Advances Rep. Arrington's Budget Resolution
The House Budget Committee passed the Concurrent Resolution on the Budget for FY2024-FY2033, which would reduce the deficit by $16 trillion and balance the federal budget in 10 years. The budget resolution was passed out of Committee by a vote of 20-14.
Upon passage of the resolution, Chairman Jodey Arrington (TX-19) said:
“Today, the House took the first step in ‘reversing the curse’ and restoring America’s fiscal sanity by passing our resolution to balance the budget in 10 years. I want to thank all the Members of the House Budget Committee for engaging in this process, elevating the discourse of our budgetary process, and doing the hard work the American people sent us here to do.
“If we demonstrate the sense of urgency, persistence, and political courage, we will preserve America’s leadership in the world and secure the blessings of liberty for our children. If we don’t, we will be the first of our nation’s leaders to leave the next generation not with a better and brighter future, but with a worse and weaker country than we inherited.”
Click below to view U.S. House Budget Resolution FY 2024 to FY 2033 text and materials:
- FY24 CONCURRENT RESOLUTION ON THE BUDGET LEGISLATIVE TEXT
- SECTION BY SECTION DESCRIPTION
- CHAIRMAN’S MARK
- EXECUTIVE SUMMARY
- PRESIDENT BIDEN'S BUDGET: MAKING MATTERS WORSE
- HOUSE BUDGET COMMITTEE VERSUS PRESIDENT BIDEN’S BUDGET
Click below to read more about how the Budget Committee has been Sounding the Alarm on Bidenomics: