| For Immediate Release
March 7, 2024 Contact: Athina Lawson
WASHINGTON — Speaker Johnson released the following statement on the release of the House Budget Resolution for Fiscal Year 2025:
“At a time when the state of our union is in sharp decline, President Biden has proven he is unwilling to make the tough decisions to confront the reality of our nation’s unbalanced budget and weak economy. The reckless spending and economic damage done by this Administration and years of Democrats’ control has increased everyday costs for the American people.
“We commend the early action taken by Chairman Arrington to release the House’s budget plan for Fiscal Year 2025 ahead of the President’s budget proposal. The House’s budget blueprint reflects the values of hard-working Americans who know that in tough economic times, you don’t spend what you don’t have — our federal government must do the same.
“House Republicans have been long sounding the alarm on the fiscal challenges facing our nation and this budget plan takes steps to put the nation on the track to fiscal sanity.”
Background
The House Budget Committee today released the Fiscal Year 2025 Budget Resolution. The House’s budget blueprint will balance the budget in ten years, reduce deficits by $14.2 trillion, and create a $45 billion budget surplus over the next decade.
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