Chart of the Day – Comparing the House and Senate Budgets

The proposed budgets from the House and the Senate have stark differences, and these graphs show how they differ over the next ten years. The Senate proposal continues the trend of spending more than the federal government takes in. The plan never balances the budget, and the deficit never gets below $400 billion.

The budget proposed in the House does balance the budget by 2023. Reining in spending and reforming the tax code are proposed by House Budget Committee Chair Paul Ryan (R-Wisconsin).