You are here

Budget Fact Check: Putting America Back on Track

Budget Fact Check
The House budget mirrors President Obama's budget blueprint, which lays the foundation for lasting prosperity and economic growth.

The House budget:

  • Cuts the deficit by nearly two-thirds by 2013.
  • Cuts taxes for middle income families by $1.5 trillion.
  • Creates jobs with investments and reforms in health care, clean energy, and education.
  • Reduces non-defense discretionary spending to its lowest level as a percent of the economy in nearly half a century, and - in FY 2010 - by 1.5 percent below the President's budget blueprint.

We can't afford to wait.  Failure to reform and invest produced eight years of the slowest job growth in three quarters of a century.

As President Obama told the House Democratic Caucus yesterday, passage of this budget is essential to getting the economy moving again.

Previous Budget Fact Checks:

Other Resources: