House budget committee pushes forward on fiscal reforms amid challenges

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Despite concerns over Congress’s budget handling, the House Budget Committee is making progress on fiscal reforms. With the national debt projected to hit $37 trillion by year’s end and no agreement on the 12 government spending bills, a government shutdown looms on October 1. However, under Rep. Jodey Arrington (R-TX), the committee is pushing for fiscal responsibility.

This year, the committee passed its first budget resolution in five years. The 167-page plan aims to eliminate the annual deficit over a decade, slowing program cost growth and repealing measures like President Biden’s student loan forgiveness. It includes no new taxes, instead promoting pro-growth policies such as reducing regulations and expanding U.S. energy production.

While Democrats criticized its economic assumptions, and the Senate has not acted on it, the committee continues to pursue reforms. It has passed 10 bills on congressional budgeting and seeks to update the 50-year-old budget process. Bipartisan efforts have led to new legislation on spending transparency and proposals for a fiscal "state of the union" address.

Though only two bills have passed the House so far, the committee remains focused on restoring fiscal responsibility.