Congressman Tim Ryan Statement on Bipartisan Budget Agreement

Oct 29, 2015 Issues: Helping Working Families

Washington, DC – Congressman Tim Ryan made the following statement after voting in favor of the Bipartisan Budget Agreement (HR 1314):

I am relieved that cooler heads have prevailed today and Republican leadership agreed to put politics aside and fund the government for the next two years. This agreement will provide the security and stability that our country has been looking for over the past few years from Congress. I hope the new Republican leadership follows in these footsteps and works with Democrats to help solve the major issues that have been plaguing our nation for far too long.

For years I have worked to bring an end to sequestration and give the much-needed relief to important programs in Ohio and across the nation, and I am happy that Republican leadership has finally agreed to increase spending for critical domestic and defense initiatives. We should not be balancing the budget on the backs of the most vulnerable – children, seniors, and the disabled – and this legislation is a step in the right direction.  

With this budget, Congress is able to avert a major increase in Medicare Part B premiums and deductibles for millions of seniors next year. This agreement also prevents a 20 percent cut in disability benefits for millions of individuals at the end of 2016, while extending the solvency of Social Security Disability Insurance.

At the same time, I am pleased this agreement increases the debt limit of the United States until March 15, 2017, reaffirming the full faith and credit of our country.

This legislation will create 340,000 jobs next year alone and provides the certainty the business community and our nation need to grow the economy and move our nation forward.