FOXX VOTES FOR $106 BILLION TAX CUT

Thursday April 28, 2005

FOR IMMEDIATE RELEASE
CONTACT: Amy Auth
202-225-2071

WASHINGTON – United States Rep. Virginia Foxx (N.C.-5) joined her colleagues in the U.S. House tonight in voting for the FY 2006 Budget Resolution Conference Report. The budget provides additional funds for a stronger national defense and implements $106 billion in tax relief over the next five years. The budget also steers the country on the path to reduce the federal deficit in half by 2010.

“I am pleased that we are working to slow the rate of growth on federal government spending,” said Rep. Foxx. “This budget is fiscally responsible because it calls for $35 billion in savings in mandatory spending and $843 billion in cuts in discretionary spending over the next five years. It also presents ample tax relief to hard working Americans.”

The Budget Resolution Conference Report will increase defense funding by 4.8 percent and homeland security funding by 2.3 percent. Overall discretionary spending will be cut by almost one percent.

“This budget will hold federal programs to a firm test of accountability and ensure that the government spends taxpayers’ dollars more wisely,” said Rep. Foxx.

The Fiscal Year 2006 Budget Resolution Conference Report passed the U.S. House 214 to 211. The U.S. Senate will vote on the resolution tomorrow.

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