House conservatives unveil budget plan they say will cut $12.6 trillion, balance in six years
House conservatives on Wednesday laid down their marker in the 2020 spending talks, unveiling a budget proposal with deeper domestic cuts than President Trump’s plan and attempting to reclaim the moral high ground when it comes to federal budgeting.
The Republican Study Committee’s proposal slashes $12.6 trillion out of projected spending over the next decade, bringing the budget within balance in six years.
“I’m one who believes and well admits that Republicans have lost the moral authority when it comes to spending in Washington,” said Rep. Jim Banks, Indiana Republican. “But what we’ve tried to produce … is a budget that shows the way forward for the American people.”