WASHINGTON, D.C. — U.S. Sen. Jim Inhofe (R-Okla.) today praised the final passage of a conference report on the budget resolution S.Con.Res. 11. The report passed by a vote of 51 to 48.
“With final passage of the budget resolution, the new Republican controlled Congress has shown it is ready to work hard to put our country on a more fiscally sound path for generations to come,” Inhofe said. “The budget resolution balances the budget within 10 years, repeals ObamaCare, and protects and improves Medicare and Social Security, all without raising taxes. With the resolution, Congress fulfilled its constitutional duty to provide for our national defense, a responsibility of the federal government that the Obama Administration has put on the back burner for far too many years. Our men and women in uniform will always answer when called upon, and this resolution will help to better ensure they are equipped when entering the battlefield. Thanks to the leadership of Chairman Mike Enzi, the resolution also includes a place holder to identify new revenues for the Highway Trust Fund, which will empower Congress to consider long-term transportation legislation. I applaud the leadership in both the House and the Senate, who displayed that Congress is ready to put forward common-sense solutions to bolster our economy and get Americans back to work.”
The conference report:
- Does not increase taxes, whereas President Obama’s budget raised taxes by $2.1 trillion;
- Balances within 10 years; the president’s budget never balances.
- Allows reconciliation instructions that would allow for the repeal of Obamacare with a majority vote in the Senate;
- Maintains adequate resources for defending our nation;
- Maintains budget caps for nondefense discretionary spending; and
- Reduces long-term debt by $5.8 trillion.