Congressman Steve Womack (AR-3) released the following statement after voting in support of the House Budget Resolution, H. Con. Res. 14:
Congressman Womack said, “This budget resolution is step one. It serves as a budget blueprint and procedural avenue to unlock the reconciliation process. Advancing the resolution through both chambers is necessary to make commonsense policies a reality. Investments in border security, national defense, and energy production—while saving taxpayer dollars—are tools to build a more prosperous nation. The resolution also provides a pathway to extend the Trump tax cuts, preventing the largest tax increase in history for everyday families and small businesses. My vote today was to establish the framework to deliver tangible results for Americans.”
Details:
H. Con. Res. 14 contains budgetary instructions for committees to produce legislation that ensures tax relief for working families and small businesses, reins in reckless federal spending, unleashes energy dominance, and makes America safe again:
Sets targets and instructs committees to draft specific reconciliation legislation.
Requires at least $1.5 trillion in mandatory spending savings over 10 years, while incentivizing instructed committees to aim for $2 trillion in total deficit reduction.
Provides up to $300 billion for border security and defense.
Provides budgetary space for the Ways and Means Committee to prevent tax hikes and deliver on President Trump’s tax priorities.
Provides for a commonsense increase in the debt ceiling by $4 trillion.