U.S. Senate Committee on Finance
04/02/2025 | Press release | Distributed by Public on 04/02/2025 14:55
Crapo: FY 2025 Budget Resolution will Deliver Permanent Tax Relief, Spur Economic Growth and Restore Fiscal Order
April 02,2025
Crapo: FY 2025 Budget Resolution will Deliver Permanent Tax Relief, Spur Economic Growth and Restore Fiscal Order
Washington, D.C.--U.S. Senator Mike Crapo (R-Idaho), Chairman of the Senate Finance Committee and member of the Senate Budget Committee, issued the following statement after Senate Budget Committee Chairman Lindsey Graham (R-South Carolina) released the text of the Senate's Fiscal Year 2025 Budget Resolution, which provides a $1.5 trillion instruction to the Senate Finance Committee on a current policy baseline.
"The 2017 Trump tax cuts powered a booming economy, made the United States more competitive, and allowed working families to save more of their hard-earned dollars," said Crapo. "This budget resolution unlocks the process to permanently extend proven, pro-growth tax policy, ensure Americans can keep more of their hard-earned money, provide additional tax relief to those who need it most, and take long-overdue steps toward getting our fiscal house in order."
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