Senator Mike Crapo, US Senator for Idaho | Sen. Mike Crapo Official Website
Senator Mike Crapo, US Senator for Idaho | Sen. Mike Crapo Official Website
U.S. Senate Finance Committee Chairman Mike Crapo from Idaho released a statement following the Senate's approval of the Fiscal Year 2025 Budget Resolution. The resolution passed with a close vote of 51 to 48.
Chairman Crapo commented, "Republicans are committed to restoring the economic prosperity experienced under President Trump’s first term. This budget resolution lays the groundwork to prevent an over-$4 trillion tax hike on American families and businesses; to make those tax cuts permanent, providing the certainty businesses need to make long-term investments and the stability families need as they save for the future; and to provide additional middle-class tax relief." He emphasized the resolution's role in facilitating "serious spending reforms," and addressing the deficit by spending less rather than increasing taxes on Americans. Crapo also expressed his intention to continue working on President Trump's pro-growth economic agenda in the forthcoming weeks.
The statement reflects the Republicans' dedication to ensuring economic growth and fiscal measures aligned with the economic policies previously seen during President Trump's administration.