Budget and Fiscal Issues

WASHINGTON - Rep. Dave Brat (R-Va.) voted in support of the Senate Amendment to H. Con. Res. 71, the budget resolution for fiscal year 2018. This legislation provides a mechanism known as reconciliation which allows the House and Senate to consider critical tax reform legislation under expedited procedures. “Time is of the essence. This vote today is Congress signaling to the American people that we are committed to keeping the promises we made to deliver pro-growth tax reform and get our econom... Read more

The following op-ed appeared in the October 21, 2017 edition of the Richmond Times-Dispatch. Big spenders in Washington have run up more than $20 trillion on our nation’s credit card with no plan to pay it back. The debt limit is a legislative tool that gives Congress the opportunity to examine how current policies affect spending, deficits, and debt — and correct course before a crisis hits. However, Congress has gotten into the bad habit of approving debt-limit increases without a single fisca... Read more

GLEN ALLEN - Rep. Brat (R-Va.) and members of the Small Business Administration (SBA) Office of Advocacy met with small business owners across the 7th Congressional District. The event served as a forum for business owners to discuss the regulatory burdens they face. A packed room of over fifty individuals attended the event from a diverse group of industries to share ideas and input for deregulation. Attendees included surveyors, fire protection, IT, financial services, banking, landscapers, tr... Read more

WASHINGTON - Rep. Dave Brat (R-Va.) issued the following statement after the House voted to pass legislation to raise the debt ceiling with no reforms, provide hurricane disaster funding, and fund the federal government through December 8, 2017. “Earlier this week I supported hurricane disaster relief that came to the floor as a clean bill. However, jamming a bill through Congress that included a clean debt ceiling increase without even discussion or debate about spending reforms is not good gov... Read more

WASHINGTON - Rep. Dave Brat (R-Va.) issued the following statement after the House of Representatives passed H.R. 10, the Financial CHOICE Act by a vote of 233-186. The Financial CHOICE bill repeals the job-killing regulations put in place by the Dodd-Frank Act. “The first step any farmer, small business owner, entrepreneur, or family must take to transform their dreams into reality is accessing a loan. Unfortunately, the compliance and regulatory burdens enacted by Dodd-Frank severely limit len... Read more

WASHINGTON – As a member of the House Budget Committee, Rep. Dave Brat (R-Va.) issued the following statement following the release of President Trump’s Fiscal Year 2018 Budget: “President Trump’s budget is a serious attempt to bring federal spending under control. During the eight years of the Obama Administration, never once did Democrats even offer a budget that balanced in 75 years or reduced spending. The request sent to Congress by the White House marks a bold and decisive shift away from ... Read more

WASHINGTON - Rep. Brat (R-Va.) issued the following statement after President Donald Trump’s Address to a Joint Session of Congress: “I applaud the optimistic vision and aggressive agenda the President shared in his speech to the American people and Congress tonight. There are real issues facing our country and the Virginia communities I represent. I believe President Trump provided solutions for how we can move our nation forward. We must enact meaningful reforms to promote economic growth. Und... Read more

WASHINGTON - Rep. Brat (R-Va.) issued the following statement after the Congressional Budget Office (CBO) released its Budget and Economic Outlook: "Today's report from the Congressional Budget Office underscores how out-of-control spending in Washington has gotten as a result of President Obama's failed policies. Our national debt is projected to reach a staggering $30 trillion by 2027, while the economy is projected to grow at a sluggish 1.9 percent. Luckily, with President Trump at the helm, ... Read more

WASHINGTON - Rep. Brat (R-Va.) issued the following statement after the House of Representatives voted to begin the repeal process for Obamacare: "Today’s vote was not easy for me because it pits many of the principles I hold dear against the ability to repeal Obamacare. I believe that a full repeal of Obamacare is necessary in order to begin to unravel its stranglehold on our small businesses, families, healthcare, and one-fifth of the economy. President Obama promised that the Affordable Care ... Read more

This op-ed was shared by TheBlaze. The American people have demanded action and accountability from Washington. Yet Congress is preparing to negotiate a big, unaccountable spending package during President Barack Obama’s lame duck — while we ignore our $600 billion deficit. Lame duck sessions historically pass some of the worst legislation. That’s why they’re called lame. Last year, the House produced what Speaker Paul Ryan (R-Wisc.) called a “crap sandwich.” This year we look likely to approve ... Read more