U.S. Senate Committee on Finance

04/05/2025 | Press release | Distributed by Public on 04/05/2025 03:12

Chairman Crapo Statement on Senate Passage of FY 2025 Budget Resolution

April 05,2025

Chairman Crapo Statement on Senate Passage of FY 2025 Budget Resolution

Washington, D.C.--U.S. Senate Finance Committee Chairman Mike Crapo (R-Idaho) issued the following statement after the Senate agreed to the Fiscal Year (FY) 2025 Budget Resolution by a vote of 51-48.

"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. It unlocks the process to implement serious spending reforms, acknowledging that the best way to address our deficit is not to tax hardworking Americans more-it is to spend less. I look forward to continuing our work in the coming weeks to quickly deliver on President Trump's pro-growth economic agenda."

READ: Crapo: Republicans are United in Delivering Trump's Pro-Growth Agenda

READ: FY 2025 Budget Resolution will Deliver Permanent Tax Relief, Spur Economic Growth and Restore Fiscal Order