Walorski Statement on House Passage of Budget Resolution
Fiscally Responsible Budget Sets Stage for Middle-Class Tax Relief and Pro-Growth Tax Reform
WASHINGTON – U.S. Rep. Jackie Walorski (R-Ind.) today released the following statement on House passage of the fiscal year 2018 budget resolution that sets the stage for tax reform:
“We just took a big step toward fixing our broken tax code and lowering tax rates for American families and businesses. This fiscally responsible budget sets the stage for pro-growth tax reform that will let middle-class families keep more of their money and help businesses expand, invest, and hire more workers. I look forward to continuing to work with my colleagues and President Trump to pass commonsense tax reform, because hardworking Hoosiers deserve a tax code that works for them.”
The House passed H. Con. Res. 71, with Walorski’s support, by a vote of 219 to 206. The budget resolution achieves balance in 10 years, with $6.5 billion in total deficit reduction by fiscal year 2027. The budget calls for robust resources to rebuild our military, secure the border, protect the homeland, and care for veterans. It also calls for a government-wide reduction in wasteful improper payments of $700 billion.
H. Con. Res. 71 also includes reconciliation instructions to the House Ways and Means Committee, of which Walorski is a member, to facilitate passage of tax reform legislation.
The Trump administration, House Ways and Means Committee, and Senate Finance Committee recently announced a unified framework for pro-growth tax reform. Walorski joined President Trump in Indianapolis for his announcement of the framework. The framework will serve as a template for the committees to develop legislation to simplify and modernize the tax code, provide tax relief to middle class families and small businesses, boost job creation, and make the U.S. more competitive in the global economy.
Walorski represents the 2nd Congressional District of Indiana, serving as a member of the House Ways and Means Committee.