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Budget Fact Check: A Budget to Put America Back on Track

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

The Budget Conference Report:

  • Cuts the deficit by nearly two-thirds by 2013.
  • Cuts taxes for middle income families by more than $1.7 trillion.
  • Creates jobs with investments and reforms in health care, clean energy, and education.
  • Reduces non-defense discretionary spending as a percent of the economy over the next five years, and - in FY 2010 - by nearly 2 percent below the President's budget blueprint.

Passage of this budget conference report is essential to getting the economy moving again.

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.

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