Arrington, House Budget Committee release plan

Arrington, House Budget Committee release plan

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LUBBOCK, Texas -

Lubbock Congressman Jodey Arrington and the House Budget Committee released a plan for next fiscal year. It's taken months of working to figure out how to slow the nation's deficit and debt.

The Budget for a Brighter American Future would balance the federal budget in nine years, according to committee members. Lawmakers say it builds on economic growth and addresses mandatory government spending.

In fiscal year 2027, the committee reports it will yield a surplus with $8.1 trillion in deficit reduction.

Congressman Arrington says these are meaningful reforms to save our country.

"It won't be ISIS that gets us. It won't be North Korea. Those are very serious," Arrington said. "It won't be illegal immigration...gotta deal with 'em, big challenges. It will be our lack of political courage to take this issue on."

The plan would ask the House committees to find $302 billion in cuts over the next decade. Over the same period, the plan calls to raise defense spending by $89 billion, totaling $736 billion in 2028.

It calls for cuts in all other spending from $597 billion in 2019 to $555 billion in 2028.

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