I am grateful for the work done by Chairmen Ryan and Murray. 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. This framework is consistent with sequester replacement legislation passed by the House in 2012. It would also help to further reduce the deficit without tax hikes that would hurt our economy. Lastly, this agreement would help protect important national security priorities.
Federal spending remains on an unsustainable course. 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. Republicans will continue to lead that effort because it is essential to growing our economy, expanding opportunity for all Americans, and preserving the American Dream.”