Murkowski: Senate Budget Gets U.S. “Back on Track”
Senator Sees Resolution as “Turning Point” Leading to Job Creation, Economic Empowerment
Senator Lisa Murkowski today voted for the Senate Budget Resolution (S. Con. Res. 11) that will balance the budget within ten years without raising taxes, while also boosting the nation’s economic growth by $500 billion over the next decade, according to the non-partisan Congressional Budget Office. She explained her vote afterwards, saying:
“Today the Senate passed an important budget resolution that represents a turning point in our nation’s fiscal path. The President’s budget request for Fiscal Year 2016 ignored spending limits, did not balance and sent us spiraling back towards trillion dollar deficits. This Republican budget, though not perfect, gets us back on track. It also sees energy development as a positive opportunity for our state and nation by removing costly and unnecessary barriers to responsible resource development. While this budget does not carry the weight of law, it sets a clear direction for what this Senate and Congress has planned for the nation’s financial course.
“Importantly, this budget balances without raising taxes. It is significant to note that as Republican’s take back control of the Senate, this is the first time in 6 years that balanced budget has been voted on. A balanced budget means less debt. As a nation, this means more investment; more investment leads to more purchasing power, and the independent Congressional Budget Office broke down the numbers and found this budget alone could boost American’s economy by $500 billion over the next decade – which, when distributed nationally, could mean over three thousand jobs created in Alaska, and $5,000 more in income per family.”
