Today U.S. Representative Cynthia Lummis (R-Wyo.) and a majority of her House colleagues passed H. Con. Res. 96: The Path to Prosperity, the Fiscal Year 2015 House Republican Budget Resolution, by a vote of 219-205. In contrast to the President's Fiscal Year 2015 budget proposal which increases spending by nearly $1 trillion and never balances, the House Republican Path to Prosperity balances within ten years and cuts $5.1 trillion in federal spending. The Path to Prosperity provides a full repeal of Obamacare, and reforms Medicare and Medicaid to strengthen and preserve those programs for current and future generations.
Importantly, the Path to Prosperity includes pro-growth policies to improve our economy. The budget calls for expanded energy production to strengthen our nation's energy security and streamlining our complex tax code to create jobs and simplify tax compliance for American families and businesses.
"Once again we have passed a responsible budget in the U.S. House to turn our country around, return it to fiscal sanity, and lead it further down the path of prosperity," said Rep. Lummis. "I very much appreciate the hard work of Paul Ryan on this budget. This plan takes the difficult and absolutely necessary task of reforming social welfare and certain entitlement programs head-on. It cuts government spending by over $5 trillion as our national debt soars over the $17 trillion debt mark. And it would balance the federal budget within ten years. It is high time we rein in the out of control spending in Washington."