Just recently, the Democratic controlled House approved its version of the budget, 233 voting yes and 196 voting no. The Democratic controlled Senate approved its version, 55 voting yes and 43 voting no. Republicans in the minority have also come out with alternative versions of the budget. In this edition of the Tax Policy Podcast, Tax Foundation Manager of Media Relations Matt Moon talks with Congressman Tom Price (R-GA 6th District), chairman of the Republican Study Committee. Price discusses why the RSC decided to come up with an alternative budget, and explains the differences between the two parties’ budgets when it comes to overall spending, deficit spending, tax provisions, Social Security and Medicare. Price also discusses some budget reform proposals, including a proposal to creating “Family Budget Protection Accounts.” Click on the audio below or download the podcast here.
