Worthy Christian News » US News » House Passes Budget That Achieves Balance, Increases GDP Growth, and Reforms Tax Code
(Worthy News) - The House of Representatives passed the Building A Better America 2018 budget in a 219 to 206 vote.
Speaker Paul Ryan (R., Wis.) said today that the budget will rein in our national debt, strengthen our national defense, help grow the economy, and pave the way for tax reform.
"It paves the way for historic tax reform," Ryan said. "It unlocks the reconciliation process. We need to pass this budget so that we can deliver real relief for middle income families across this country."
In 10 years, the budget produces a $9 billion surplus and increases GDP growth to 2.6 percent. It achieves this growth by reforming the tax code, reducing government regulations, using taxpayer dollars efficiently, and reforming government programs. [ Source: Washington Free Beacon (Read More...) ]