RELEASE: PRICE STATEMENT ON BUDGET AGREEMENT
Washington, DC – Congressman David E. Price (NC-04) released the following statement on the passage of a bipartisan budget deal in the House of Representatives.
“Today all House Democrats and 79 Republicans overcame the radical forces that have dominated Republican politics since the 2010 elections, forces that have constantly threatened government shutdowns and default on the country’s financial obligations. With today’s budget agreement, we finally begin to break this cycle of dysfunction, albeit for only two years.
“The agreement provides funding levels that will allow us to avoid the devastating impacts of sequestration and pass acceptable appropriations bills, making critical investments in priorities like transportation, medical research, and education. It will put in place reforms – with no negative impact on benefits – to sustain the Social Security Disability Insurance Trust Fund for an additional six years, avoiding the sweeping benefit cuts that loomed in 2016. And it will significantly reduce Medicare deductible and Part B premium increases that would have affected beneficiaries beginning next year.
“This deal has its flaws, and it falls well short of the comprehensive budget agreement that we need to secure our fiscal future and make the investments a great country should make. It reflects the Republicans’ strict anti-revenue ideology, which continues to hamstring our ability to rebuild our crumbling highways and provide adequate federal support for priorities like research, housing, and education. But today’s vote is a step in the right direction which we should have taken months ago. I commend President Obama and House and Senate leadership for working together to finally move us forward.”