Budget

Source: Congressional Budget Office

 

Reining in out-of-control federal spending and paying down our national debt has been, and will continue to be, one of my top priorities as your voice in Washington, D.C.  As a member of the House Budget Committee, I’ve played an active role in crafting budget resolutions put forth by House Republicans when we controlled the House from 2011-2018, and looking back now, I’m proud of what we’ve accomplished in those few years.

Of course we have a lot more work to do, as our national debt exceeds $26 trillion today, and though we’ve had a great deal of success reining in federal discretionary spending over the last few years, if we are ever going to reach a point where we can begin paying down our national debt, it is absolutely essential that we address the driver of our budget deficits and national debt: mandatory federal spending.  Mandatory spending is the kind of federal spending that occurs year after year without Congressional approval; it’s sometimes referred to as “autopilot” spending.  Mandatory spending includes programs like Social Security, Medicare, Medicaid, other federal health care programs, interest on our national debt, certain tax expenditures, and more.  While many of those programs are vitally important, they will be responsible for 75% of the total federal spending by 2030, according to the non-partisan Congressional Budget Office.    

I’m committed to crafting federal budgets that will tackle the difficult fiscal challenges that lie ahead for our nation, including those posed by COVID-19, and I hope that the House Budget Committee will continue to build on the successes we’ve had in recent years.  I look forward to your continued partnership in that effort.

 

Click here to visit the House Budget Committee's website.  

 

More on Budget

June 12, 2019 Press Release

WASHINGTON, DC – Yesterday, the House Budget Committee held a hearing to examine the risks climate change poses to the U.S. Economy and Federal Budget. One proposal the Democratic Majority has put forward to address climate change is the Green New Deal. This radical legislation would threaten to upend every sector of the American economy, from energy to transportation to health care.

January 23, 2019 Press Release

WASHINGTON, DC – Today, Representative Rob Woodall (R-GA) released the following statement after being assigned to serve on the Committee on the Budget, which is responsible for writing Congress' overall budget plan for the fiscal year. 

March 22, 2018 Press Release
WASHINGTON, DC – Today, the U.S. House of Representatives passed legislation – H.R. 1625, the “Consolidated Appropriations Act of 2018” – to provide discretionary funding for the remainder of FY2018. The measure incorporated 12 individual appropriations bills that were either passed by the House or approved at Committee level. Most notably, the bill marks a pivot from the previous Administration’s reduction in military funding while making record investments in Georgia priorities such as the Savannah Harbor Expansion Project (SHEP).
March 8, 2018 Press Release
WASHINGTON, DC –Today, U.S. Representative Rob Woodall (GA 07), House Budget Committee Chairman Steve Womack (R-AR), House Appropriations Committee Ranking Member Nita Lowey (D-NY), and fellow appointees to the bipartisan, bicameral Joint Select Committee on Budget and Appropriations Process Reform held their inaugural meeting to identify and recommend reforms to the budget and appropriations process.
February 23, 2018 Press Release
WASHINGTON, DC – Today, House Speaker Paul Ryan (R-WI) announced that Rep. Rob Woodall (GA 07) will be one of four House Republicans appointed to the Joint Select Committee on Budget Process Reform – a bipartisan, House-Senate select committee that will pursue reforms to the budget and appropriations process.
October 26, 2017 Press Release
Washington, D.C. – Today, the U.S. House of Representatives voted to pave the way for once-in-a-generation tax reform by concuring with the Senate Amendment to H. Con. Res. 71 - FY2018 Budget Resolution, which issues specific reconciliation instructions for the appropriate authorizing committees in each Chamber to produce tax reform legislation.