This evening, the House Budget Committee passed its Fiscal Year 2015 (FY15) budget proposal, the Path to Prosperity. The Committee's proposal abides by the $1.014 trillion spending limit passed by Congress in December 2013.
"I am proud to join my Republican colleagues in voting for a budget that responsibly cuts $5.1 trillion over the next ten years by reforming the main drivers of our debt and targeting wasteful spending. At the same time, the budget seeks to expand opportunity and jobs by highlighting policies that will grow the economy," Nunnelee said.
The Path to Prosperity rejects the President's unrealistic plan for national security, and instead ensures men and women of the armed forces have the proper equipment, training, and compensation. Nunnelee reiterated, "The most important function of the federal government is to ensure a safe and peaceful society while also making the necessary decision to defend us against our enemies both at home and around the world. If we cannot defend what we stand for, then everything else we do really does not matter."
For four years in a row, House Republicans have put forward a budget that makes tough, but necessary decisions about out of control federal spending. "Every day families, state legislatures, and local city and county governments are making the tough choices to balance their budgets. They have every reason to expect Washington to do the same," Nunnelee said.
The 2015 Path to Prosperity:
Balances the budget within 10 years and begins to pay down the debt.
Cuts government spending by $5.1 trillion over 10 years.
Repeals Obamacare, clearing the way for patient-centered reform.
Ensures proper support for military readiness.
Strengthens the safety net through reforms that will help people get back on their feet.
Reforms the broken tax code.
Secures senior's retirement by strengthening Medicare and other vital programs.