House Budget Committee Chair Jodey Arrington (R-Texas) on Saturday blasted the Senate’s budget resolution, passed by the upper chamber only hours before, as “unserious and disappointing.”
Arrington criticized the budget plan for “creating $5.8 trillion in new costs and a mere $4 billion in enforceable cuts” or “less than one day’s worth of borrowing by the federal government.”
The Texas lawmaker also took a shot at Senate Budget Committee Lindsey Graham’s (R-S.C.) plan to score the cost of extending Trump’s 2017 tax cuts as not adding future federal deficits, something Graham would achieve by judging an extension of those cuts on a “current policy” baseline.
He said the blueprint “sets a dangerous precedent by direct scoring tax policy without including enforceable offsets.”
“We are at a fiscal inflection point and failure to rein in our runaway deficit spending and unsustainable debt could prove catastrophic for our economy, security and global leadership,” Arrington added in his statement.
