The conservative Republican Study Committee released its budget proposal for fiscal year 2016.
The House conservatives’ blueprint would cut spending by $7.1 trillion over ten years, repeal Obamacare via the reconciliation process and balance the budget in six years.
In Obamacare’s place, the RSC says it would implement what it describes as “patient-centered health care reform” along the lines of what it offered in 2013 with the American Health Care Reform Act.
RSC Chairman Bill Flores (R-TX) called the proposal, titled “Blueprint for a Balanced Budget,” a “forward-looking document.”
“To truly restore America, we must first and foremost put an end to the Obama administration’s harmful tax-and-spend policies,” he said. “Hardworking Americans know how important it is to live within your means; it’s time the federal government learned that lesson, too.”
The Spending Task Force Chairman Marlin Stutzman (R-IN) added that the plan seeks to “reinvent” the status quo in Washington.
“This budget cuts wasteful spending, reforms our tax code and our safety net programs, repeals and replaces Obamacare, and strengthens our national defense by ensuring our military has the resources they need to meet the challenges of the 21st century,” Stutzman said.
By comparison, the House GOP budget offered and passed through committee last week would cut spending by $5.5 trillion and balance the budget in nine. It, too, would repeal Obamacare.
Last week the head of the new, more streamlined conservative group the House Freedom Caucus (HFC), Rep. Jim Jordan (R-OH), said at the Heritage Foundation’s Conversations with Conservatives meeting that the HFC would not be offering a budget.