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  • Price Statement on CBO’s Budget & Economic Outlook Update
    Posted in Press Releases on August 23, 2016 | Preview rr

    WASHINGTON, D.C. – House Budget Committee Chairman Tom Price, M.D. (GA-06) issued the following statement today after the Congressional Budget Office (CBO) released An Update to the Budget and Economic Outlook: 2016 to 2026 showing rising annual deficits over the coming decade and lower economic growth than previously projected. CBO now projects a deficit of $590 billion, or 3.2 percent of GDP, in fiscal year 2016. This is $56 billion higher than the $534 billion deficit the agency projected in ... Read more

  • Price Statement on 20th Anniversary of 1996 Welfare Reforms
    Posted in Press Releases on August 22, 2016 | Preview rr

    WASHINGTON, D.C. – House Budget Committee Chairman Tom Price, M.D. (GA-06) issued the following statement today in recognition of the 20th anniversary of the signing of the 1996 welfare reforms: “The signing of welfare reform 20 years ago today was an impressive moment in our nation’s history. It enacted policies that have helped millions of Americans. It also showed that government could, in fact, learn from its mistakes and choose to pursue solutions that work over a status quo that was failin... Read more

  • VIDEO: Chairman Price on Medicare
    Posted in Press Releases on August 22, 2016 | Preview rr

    WASHINGTON, D.C. – Medicare is a promise that has been made to current and future seniors. It’s a promise that ought to be kept. Unfortunately, right now, it is a promise that is going broke. According to the Medicare trustees, the program’s hospital insurance trust fund will be insolvent in 2028. Doing nothing is not an option. The good news: we have other options. As House Budget Committee Chairman Tom Price, M.D. (GA-06) explains in today’s video release: “You can’t continue the current syste... Read more

  • VIDEO: Chairman Price on the Doctor-Patient Relationship
    Posted in Press Releases on August 19, 2016 | Preview rr

    WASHINGTON, D.C. – At the heart of our health care system is the doctor-patient relationship. It is that trusting relationship that drives quality care. When the federal government, however, decides to exert an ever greater level of influence over the practice of medicine – as we have seen under Obamacare – then the doctor-patient relationship is threatened and the quality of care is potentially compromised. As House Budget Committee Chairman Tom Price, M.D. (GA-06) – who spent over 20 years tak... Read more

  • VIDEO: Chairman Price on Pre-Existing Conditions
    Posted in Press Releases on August 18, 2016 | Preview rr

    WASHINGTON, D.C. – No one should be denied access to the health insurance market – even if they have a pre-existing illness, a bad diagnosis or injury. Those most at risk of being priced out of the market are those who purchase their insurance as an individual or small group – roughly 18 million Americans. There are two ways to go about making sure that those in these smaller insurance markets have access to health care coverage no matter their health status. You can impose mandates and dictates... Read more

  • VIDEO: Chairman Price on the Cost Drivers in Health Care
    Posted in Press Releases on August 17, 2016 | Preview rr

    WASHINGTON, D.C. – For many Americans – individuals, families, and job creators – the high cost of health care is a serious financial burden. It is also a key contributor to the federal government’s rising debt. To address this challenge, it is important to first understand what is driving the cost of health care in America. In a video released today, House Budget Committee Chairman Tom Price, M.D. (GA-06) outlines the three biggest cost drivers in health care – taxation, regulation, and litigat... Read more

  • Budget Committee Releases Working Paper on the Need for Fiscal Goals
    Posted in Press Releases on August 16, 2016 | Preview rr

    WASHINGTON, D.C. – Today, the House Budget Committee released its third in a series of working papers focused on the Committee’s effort to overhaul the Congressional Budget Act of 1974 and reform the congressional budget process. The paper follows a hearing the Committee held on June 15th that examined the need for fiscal goals or targets to build consensus and drive discipline and accountability in the budgeting process The working paper focuses on six main themes: The Balanced Budget Principle... Read more

  • VIDEO: Chairman Price on the Principles of Health Care
    Posted in Press Releases on August 16, 2016 | Preview rr

    WASHINGTON, D.C. – Earlier this summer House Republicans unveiled A Better Way – a bold policy agenda to address the nation’s biggest challenges. Today, House Budget Committee Chairman Tom Price, M.D. (GA-06) released the first in a series of videos focused on the Better Way plan to get rid of Obamacare and advance patient-centered health care solutions. We begin with the principles of health care: Accessibility Affordability Quality Innovation Choices As Chairman Price notes, each of these prin... Read more

  • Working Paper on the Need for Fiscal Goals
    Posted in HBC Publications on August 16, 2016 | Preview rr

    When policymakers and the public have an understanding of the broad guidelines of government’s fiscal policy, it naturally leads to incremental budgetary targets that discipline spending and taxation. For much of America’s early history, the standard was the balanced budget. Since that principle was abandoned, no other norm emerged to take its place, and fiscal policy has been adrift. An alternative to the balanced budget standard is “fiscal sustainability” – but its definition is elusive. It ma... Read more

  • Budget Committee Releases Working Paper on the Need to Control Automatic Spending and Unauthorized Programs
    Posted in Press Releases on August 9, 2016 | Preview rr

    WASHINGTON, D.C. – Today, the House Budget Committee released its second in a series of working papers focused on the Committee’s effort to overhaul the Congressional Budget Act of 1974 and reform the congressional budget process. The paper follows a hearing the Committee held on June 9th that examined how Congress must gain control of the government’s automatic spending – currently two-thirds of the Federal budget – and account for unauthorized programs – which in fiscal year 2016 are estimated... Read more