House conservatives unveil budget proposal to counter Biden’s spending plans

Members of the Republican Study Committee, the largest conservative caucus in Congress, unveiled their plan to rein in spending and cut taxes on Wednesday — in an effort to offer an alternative proposal to the Biden administration’s big-spending plans.

The proposal looks to balance the federal budget in five years while cutting $14.4 trillion over the course of a decade and lowering taxes by $1.9 trillion, with the architects of the proposal stating that it would lead to a budget surplus by 2026.

Biden has proposed a $2.3 trillion infrastructure spending bill this year that has drawn Republican criticism in part because its top expenditure would be $400 billion for home and community health care, which they say isn’t infrastructure. Senate Republicans offered a more narrow $568 billion infrastructure counter-proposal.

Under the RSC counter proposal, spending on mandatory programs would be drastically reduced, with the plan calling for a shift toward block grants for Medicaid and the Children’s Health Insurance Program (CHIP).

The plan would cut current projections for Medicaid spending by $2.5 trillion while reducing other health program spending, including Medicaid, by $3.3 trillion — a move RSC members argue will help keep the programs solvent.

Discretionary spending would also see a substantial cut, with the plan calling for a $3.5 trillion reduction.

Chairman Jim Banks (R-Ind.) touted its ability to balance the budget in less than a decade and provisions to curb government funding from being spent on abortions.

House Republicans aim to trim down President Joe Biden’s proposed $2.3 trillion infrastructure spending bill.
House Republicans aim to trim down President Joe Biden’s proposed $2.3T infrastructure spending bill.
Getty Images

“The American people are begging for fiscal conservative leadership and the Republican Study Committee is giving them just that, our budget balances and five years it’s the most pro-life budget RSC has ever put forward,” he told The Post.

“Meanwhile, the Democrats have failed the basic most fundamental test for any party in power to produce any budget proposal at all. So, just like last Congress, the RSC budget is the only game in town.”

In addition to budget related items, the proposal also touches on issues including opposition to packing the Supreme Court and deregulation in areas like occupational licensing.

The alternative budget comes just ahead of the release of the White House’s budget proposal, which is expected to be unveiled on May 27.

The budget is not expected to be taken up in the Democrat-controlled House.


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