Congresswoman Michelle Lujan Grisham voted today in favor of a bipartisan budget plan that will help create jobs in New Mexico, protect vital services to vulnerable people, and ensure stability at our national labs. The agreement lifts sequestration caps, which will allow more flexibility to pay for federal programs and services.
“New Mexico, more than any other state, has suffered from indiscriminate budget cuts that were driven by politics,” Rep. Lujan Grisham said. “While this deal isn’t perfect, we’ve broken through the gridlock with this budget plan to do what’s right for the people and families we represent.
Rep. Lujan Grisham has been fighting on multiple fronts to prevent a major increase in Medicare Part B premiums and deductibles. The budget agreement addresses this issue. She is also co-sponsoring the Medicare Premium Fairness Act, which will help protect seniors from planned increase to Medicare costs.
“We can be fiscally responsible, cut waste in government, and invest in our priorities, like affordable access to Medicare, at the same time. But it requires cooperation and a willingness to negotiate. My constituents in New Mexico expect that from Congress.”
Among other things, the budget agreement does the following:
- Achieves equal funding increases for defense and domestic initiatives, amounting to $112 billion over the next two years;
- Prevents a 20 percent cut in disability benefits for millions of people in 2016 and extends the solvency of Social Security Disability Insurance;
- Prevents a major increase in Medicare Part B premiums and deductibles for millions of seniors next year;
- Affirms the full faith and credit of the United States is non-negotiable and unbreakable with a clean debt limit suspension;
- Provides more economic certainty and creates an additional 340,000 jobs in 2016 alone.
Seniors, budget, education, environmental, medical, labor, and other groups are lining up in support of the agreement.