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Foxx Statement on Bipartisan Federal Budget Agreement

It is a step forward that in this divided government House Republicans were able to have a budget debate framed by our principles – that Washington must live within its means and spend less, not that Americans must surrender to government more of their hard-earned money. With this President and this Senate, that is a real achievement.

Congresswoman Virginia Foxx (R-NC) today issued the following statement on the passage of H.J.Res. 59, a bipartisan federal budget agreement:

  "For the first time in years the federal government is on its way to having a budget. It’s not the budget I would write myself, but it’s a budget much stronger and smarter than the status quo, and it’s a budget that has my support.

"Trust me. As a proud fiscal conservative, I was skeptical of this agreement before the details emerged. Too many government budgets are filled with creative accounting, gimmickry and faux savings. However, the agreement reached by Budget Committee Chairman Paul Ryan and Senator Patty Murray is an exception.

"Their budget agreement provides a framework to reduce the federal deficit an additional $23 billion beyond current law, and it does so without raising taxes.  The alternative savings it proposes advance conservative principles by replacing arbitrary, defense-heavy sequestration cuts with permanent savings found by targeting real waste and fraud, unsustainable federal employee pensions and other auto-pilot spending. And whereas today’s sequestration spending levels will eventually expire, leaving discretionary spending to be re-negotiated each year, the mandatory ‘Ryan-Murray’ savings will be written into law without any sunset date.

"It is a step forward that in this divided government House Republicans were able to have a budget debate framed by our principles – that Washington must live within its means and spend less, not that Americans must surrender to government more of their hard-earned money. With this President and this Senate, that is a real achievement."
 

To read the legislation, click here.

For information about the savings included in this proposal, click here.

For a detailed summary of the budget proposal, click here.

For a section-by-section analysis of the legislation, click here.

For explanatory charts, click here.

For answers to frequently asked questions, click here.

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