Grassley on Developments in the Budget Conference Committee

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Grassley on Developments in the Budget Conference Committee

The following press release was published by the United States Committee on Finance Ranking Member’s News on April 9, 2003. It is reproduced in full below.

Sen. Chuck Grassley, chairman of the Senate Committee on Finance, issued the following comment today about developments in the budget conference committee. Grassley is also a member of the Budget Committee and a conferee.

"The procedural compromise that emerged today can help us get a budget. That's important to me for three reasons. My committee needs to get to work on a tax bill to help the economy. The two weeks of recess are important time to prepare so we can move quickly when Congress reconvenes and deliver a stimulus bill to the President's desk before Memorial Day. Republicans also need to pass a budget as a majority party. Democratic leaders of the Senate didn't produce a budget last year, and that was a failure on their part. Finally, being able to offer budget points of order is an important tool for fiscal discipline in the year ahead. The two-number plan being worked out by budget committee leaders can work as long as the tax-writing committees remain part of the process. Sen. Frist has assured me that this process, though unusual, includes consideration in the Finance Committee before floor action."

Source: Ranking Member’s News

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