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RSC Releases FY 2015 Budget: Back to Basics

April 7, 2014

Washington, D.C. – Republican Study Committee Chairman Steve Scalise and RSC Budget and Spending Task Force Chairman Rob Woodall today released their FY 2015 budget – Back to Basics.

The RSC budget balances in four years, repeals and replaces President Obama’s health care law, saves Medicare, reforms Medicaid, protects Social Security, helps Americans get back to work, reduces spending, and enacts pro-growth tax reform.

“By removing roadblocks to job creation and replacing President Obama’s health care law with reforms that lower costs and put patients back in charge of their medical decisions, our proposal lays out a bold roadmap to preserve the American Dream for future generations,” Scalise said. “Washington needs to get back to basics by living within its means and getting re-introduced to fiscal responsibility. The window to rescue our economy is closing, and we cannot allow more time to pass without decisive action towards a balanced budget. I applaud Chairman Ryan and the House Budget Committee for their aggressive focus on the spending problems plaguing our nation. Both our plan and the House Budget Committee proposal are light-years ahead of President Obama’s proposal, which fails to balance, and the Senate proposal, which doesn’t exist.”

“The federal government’s excessive spending has created an enormous debt that weighs heavily on the American taxpayer, and continuing on that path is unsustainable,” said Woodall. “The time to act is now, and the RSC budget fully embraces that reality. For our economy to thrive it must have firm financial footing, and that is what this budget provides. Compared to a Presidential budget that never balances, this committee provided one that balances in four years while reestablishing our military resources and safeguarding such vital programs as Medicare and Social Security. It also replaces the President’s economically draining healthcare bill with affordable, patient-centered alternatives in the American Health Care Reform Act. I am proud to lead this budget effort and am eager to continue the work of restoring fiscal responsibility to our nation’s finances and ensuring opportunity and prosperity remain for the next generation.”

For additional information on the RSC budget, click here.