WASHINGTON, D.C. – The U.S. House of Representatives yesterday passed a budget deal that will keep government running for two years free of funding problems.
The House by a bipartisan vote of 332-94 approved the measure which now goes to the Senate and is expected to pass next week.
President Barack Obama’s response to the budget being passed in the House of Representatives:
â€œEarlier this year, I called on Congress to work together on a balanced approach to a budget that grows our economy faster and creates more jobs â€“ not through aimless, reckless spending cuts that harm our economy now, but by making sure we can afford to invest in the things that have always grown our economy and strengthened our middle class.Â Todayâ€™s bipartisan budget agreement is a good first step.
â€œThis agreement replaces a portion of the across-the-board spending cuts known as “the sequesterâ€ that have harmed students, seniors, and middle-class families and served as a mindless drag on our economy over the last year. Â It clears the path for critical investments in things like scientific research, which has the potential to unleash new innovation and new industries. Â Itâ€™s balanced, and includes targeted fee increases and spending cuts designed in a way that doesnâ€™t hurt our economy or break the ironclad promises weâ€™ve made to our seniors. It does all this while slightly reducing our deficits over time â€“ coming on top of four years of the fastest deficit reduction since the end of World War II.Â And because itâ€™s the first budget that leaders of both parties have agreed to in a few years, the American people should not have to endure the pain of another government shutdown for the next two years.
â€œThis agreement doesnâ€™t include everything Iâ€™d like â€“ and I know many Republicans feel the same way. Thatâ€™s the nature of compromise. But itâ€™s a good sign that Democrats and Republicans in Congress were able to come together and break the cycle of short-sighted, crisis-driven decision-making to get this done. Thatâ€™s the way the American people expect Washington to work. I want to thank Senator Murray, Congressman Ryan and all the other leaders who helped forge this bipartisan agreement. And I want to call on Members of Congress from both parties to take the next step and actually pass a budget based on this agreement so I can sign it into law and our economy can continue growing and creating jobs without more Washington headwinds.
â€œBut, as I said last week, the defining challenge of our time is not whether Congress can pass a budget â€“ itâ€™s whether we can make sure our economy works for every working American. And while todayâ€™s agreement is a good first step, Congress has a lot more to do on that front. In the immediate term, Congress should extend unemployment insurance, so more than a million Americans looking for work donâ€™t lose a vital economic lifeline right after Christmas, and our economy doesnâ€™t take a hit. And beyond that, they should do more to expand broad-based growth and opportunity â€“ by creating more jobs that pay better wages, by growing our economy, and by offering a path into the middle class for every American willing to work for it.
Speaker John Boehner’s statement on House-Senate Budget Agreement:
Dec 13, 2013
House Speaker John Boehner (R-OH) issued the following statement on the budget agreement reached between House & Senate Budget Committee Chairmen Paul Ryan (R-WI) and Patty Murray (D-WA):
â€œI am grateful for the work done by Chairmen Ryan and Murray. Â While modest in scale, this agreement represents a positive step forward by replacing one-time spending cuts with permanent reforms to mandatory spending programs that will produce real, lasting savings. Â This framework is consistent with sequester replacement legislation passed by the House in 2012.Â It would also help to further reduce the deficit without tax hikes that would hurt our economy.Â Lastly, this agreement would help protect important national security priorities.
â€œFederal spending remains on an unsustainable course.Â Whether it is offering a plan to balance the budget, strengthen the federal safety net, or cut wasteful spending on behalf of hardworking taxpayers, only one party has led efforts to bring fiscal sanity back to Washington.Â Republicans will continue to lead that effort because it is essential to growing our economy, expanding opportunity for all Americans, and preservingÂ the American Dream.â€