Rep. Carter Votes to Balance Budget, Pave the Way for Tax Reform - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
October 6, 2017 Newswires
Share
Share
Post
Email

Rep. Carter Votes to Balance Budget, Pave the Way for Tax Reform

Targeted News Service (Press Releases)

WASHINGTON, Oct. 5 -- Rep. Buddy Carter, R-Ga., issued the following news release:

Congressman Earl L. "Buddy" Carter (GA-01) voted today for the House Republican budget for the coming year. The proposal would balance the budget within 10 years, strengthen our national defense, and work to rein in Washington's spending and improper payments.

"I have long said that the national debt is the single greatest threat to our national security," said Carter. "It is past time for Washington to finally learn how to balance a budget just like hard working families, small businesses, and local governments do every day. Our plan finally gets the federal government on track and balances the budget by reforming government, growing the economy, and reining in Washington's spending addiction."

The budget also paves the way for tax reform. It includes reconciliation instructions to allow tax reform legislation to move through Congress in a fast-track process.

"This legislation paves the way for bold, pro-growth tax reform," said Carter. "Our antiquated and overly burdensome tax code is the greatest threat to economic opportunity in this country. Passage of this legislation today is the first step in an important process to finally reform our tax code and deliver relief to all Americans."

Key provisions of the House Fiscal Year 2018 Budget include:

* balancing the budget in 10 years without raising taxes;

* supporting robust funding for our troops and improved readiness;

* improving the sustainability of Medicare;

* returning significant authority to the States;

* incorporating the House-passed American Health Care Act and all of its savings;

* instructing 11 House committees to achieve $203 billion in mandaotry savings and reforms; and

* aiming to reduce government-wide improper payments by $700 billion.

In addition to the House Fiscal Year 2018 Budget, Carter voted in support of the budget proposal put forward by the Republican Study Committee which would balance the budget within a ten-year window, move forward with policies to ensure solvency of entitlement programs, and repeal Obamacare through the reconciliation process.

Older

Reps. Walz, Ellison, McCollum, Nolan, Peterson Urge Leadership to Hold Bipartisan Children’s Health Insurance Program (CHIP) Reauthorization Vote

Newer

Senator Skindell Introduces Legislation to Create The Prescription Drug Assistance Program for Seniors, Disabled Ohioans and Veterans

Advisor News

  • Trump bets his tax cuts will please Las Vegas voters on his swing West
  • Lifetime income is the missing link to global retirement security
  • Don’t let caregiving derail your clients’ retirement
  • The ‘magic number’ for retirement hits $1.45M
  • OBBBA can give small-business clients opportunities for saving
More Advisor News

Annuity News

  • Human connection still key in the new annuity era
  • Lifetime income is the missing link to global retirement security
  • ‘All-weather’ annuity portfolios aim to sharply limit rainy days
  • Annuity income: The new 401(k) standard?
  • Smart annuity planning can benefit long-term tax planning
More Annuity News

Health/Employee Benefits News

  • DeSantis administration gets pushback for its child health policies
  • Minnesota health plan; the real story
  • LIFESPAN: Tickets? Check. Medical insurance coverage? Better check on that
  • Trump admin seeks health-care price transparency
  • Costs of Illinois state employee health benefits continue steep rise
More Health/Employee Benefits News

Life Insurance News

  • AI and life insurance: Fast today, unpredictable tomorrow
  • Judge allows PHL policyholders to intervene, denies ‘premium holiday’
  • eHealth expands into final expense insurance
  • CID hosts info session for PHL Variable policyholders
  • ‘Seismic changes’ cloud global economy, analyst says
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Protectors Vegas Arrives Nov 9th - 11th
1,000+ attendees. 150+ speakers. Join the largest event in life & annuities this November.

An FIA Cap That Stays Locked
CapLock™ from Oceanview locks the cap at issue for 5 or 7 years. No resets. Just clarity.

Aim higher with Ascend annuities
Fixed, fixed-indexed, registered index-linked and advisory annuities to help you go above and beyond

Unlock the Future of Index-Linked Solutions
Join industry leaders shaping next-gen index strategies, distribution, and innovation.

Leveraging Underwriting Innovations
See how Pacific Life’s approach to life insurance underwriting can give you a competitive edge.

Bring a Real FIA Case. Leave Ready to Close.
A practical working session for agents who want a clearer, repeatable sales process.

Press Releases

  • RFP #T01325
  • RFP #T01325
  • RFP #T01825
  • RFP #T01825
  • RFP #T01525
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet