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Republican Study Committee unveils proposal that would balance budget in 7 years

Under "Fiscal Sanity to Save America," taxes for families would be cut by $5.5 trillion.

Published: March 20, 2024 6:59pm

The Republican Study Committee recently unveiled their proposed budget, entitled "Fiscal Sanity to Save America," which would balance the budget in seven years, cut taxes, and bring back energy independence.

The budget would be for the 2025 year and focuses on border security, energy independence, and making living more affordable for families. 

"The RSC budget does embrace the culture of life and recognizes that the family is the design and the beginning of what we can say [is] economic prosperity in our families and our communities," Congressman Ben Cline, R-Va., said on the "Just the News, No Noise" TV show. 

Under "Fiscal Sanity to Save America," taxes for families would be cut by $5.5 trillion, H.R.2 Secure the Border Act would be enacted, and H.R. 1 Lower Energy Costs Act would be put into place for energy independence. 

"H.R.1 was the first bill we put forward and would have restored energy independence," Cline said. "That bill is incorporated into the RSC budget as well. We know what energy independence does for our economy, for our families. We saw it under Trump. We can get there again."

Cline said he hopes for a Republican presidential victory in 2024 so the budget can be put into action in 2025. 

The budget proposal also retains the Hyde Amendment. 

"We retain the Hyde Amendment and this minibus does, from what I understand, retain the Hyde Amendment," Cline said. "But we also want to, in the message to the people, embrace a culture of life and compare that with the Biden administration's use of taxpayer dollars [going] to support abortions [and] to pay for abortions and to promote abortions globally."

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