Representative Jackie Walorski (IN-02), Wednesday applauded passage of the House Budget Resolution for Fiscal Year 2016, H. Con. Res. 27 which balances in 10 years, cuts spending and spurs job creation passed the House by a vote of 228-199.
“I’m proud to support a budget that balances in 10 years because Hoosiers know that a balanced budget creates jobs,” Walorski said. “This plan includes no new tax hikes, funds our national defense, improves economic growth and opportunity for hardworking families, makes no changes to Social Security, and protects the long-term sustainability of Medicare.”
The House budget reduces federal spending by $5.5 trillion over the next decade and calls for a fairer, simpler tax code to promote job creation and a healthy economy.
Important provisions in the plan include:
- Repeals Obamacare
- Promotes a strong defense through robust funding of troop training, equipment and compensation
- Strengthens Medicare by making structural improvements to save the program
- Gives states the flexibility to be innovative with programs such as Medicaid, nutrition assistance, education and other programs
- Cuts waste, corporate welfare and improves accountability
The legislation now heads to the Senate for further consideration.
