Congressman Tim Ryan Issues Statement on House and Senate Budget Agreement
"Although this Budget agreement is not perfect, I do believe it is the type of compromise we need to move our nation forward. After years of continued partisan gridlock and short term spending extensions, this agreement gives our nation two years of much needed financial stability. I am pleased that this agreement restores $63 billion in spending over these next two years, partially alleviating some of the devastating fiscal constraints caused by the sequester’s stranglehold on our economy. At the same time this agreement will responsibly provide a $23 billion deficit reduction. Additionally, I am happy that this agreement takes the necessary steps to block a massive reduction the Medicare reimbursement rate for physician services, which would take effect on January 1st.
"While I voted in favor of the Budget agreement, I am utterly disappointed that it does not include an extension of unemployment insurance benefits. Unemployment insurance will expire three days after Christmas, leaving 1.3 million out of work Americans and 88,000 Ohioan without benefits if Congress fails to act. I have sent a letter to Speaker Boehner with 174 of House Democrats calling on him to call a vote on this extension. It is imperative that Congress does not go home for the holidays without passing this critical legislation, doing so at a time when so many are in need is callous and un-American."