Senate Democrats

Reid: Budget Agreement Cuts Taxes, Balances Budget, Puts Working Families First

WASHINGTON, D.C.–Senate Majority Leader Harry Reid made the following statement today after Senate and House negotiators reached an agreement on a budget plan for fiscal year 2008:

“Democrats will pass a budget that cuts taxes for middle-class families and reflects the common values of the American people. It increases funding for critical national priorities and restores fiscal discipline by balancing our budget and creating a surplus, all without raising taxes.

“Our budget rejects the President’s plan to cut domestic priorities and invests in working Americans, education and health care for our children, and our troops – active and retired. After running up trillions in additional debt, last year’s Republican led Congress left town without even trying to pass a budget. Democrats said we could do better, and this budget proves it.”