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  • 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

  • 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

  • Budget Committee Releases Working Paper on Reclaiming Constitutional Authority Through the “Power of the Purse”
    Posted in Press Releases on August 2, 2016 | Preview rr

    WASHINGTON, D.C. – Today, the House Budget Committee released its first 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 May 25th that examined how Congress has ceded too much of its authority over spending to the Executive Branch and how this trend should be reversed in order to restore the Legislative Branch’s “power of the purse” as def... Read more

  • Price Statement on 2nd Quarter 2016 GDP Report
    Posted in Press Releases on July 29, 2016 | Preview rr

    WASHINGTON, D.C. – House Budget Committee Chairman Tom Price, M.D. (GA-06) issued the following statement in response to the GDP report released this morning that showed the economy grew by just 1.2 percent in the second quarter of 2016 – well below expectations. The first quarter estimate was also revised down to 0.8 percent from a previous estimate of 1.1 percent. “With over $19 trillion in debt, our nation cannot solve its fiscal challenges only through budget savings and program reforms. We ... Read more

  • Budget Chairmen: Dept. of Ed’s Rule Could Cost Taxpayers Billions
    Posted in Press Releases on July 15, 2016 | Preview rr

    WASHINGTON D.C. – Senate Budget Committee Chairman Mike Enzi (R-WY) and House Budget Committee Chairman Tom Price (R-GA) have asked the Department of Education for additional information concerning a new proposal by the department that could add as much as $41 billion to the cost of the federal student loan program over the next decade, according to an administration estimate. Read the full letter to the Department of Education here. Excerpts follow: “This is the latest in a series of administra... Read more

  • #RestoringTheTrust for America’s Seniors
    Posted in Press Releases on July 15, 2016 | Preview rr

    WASHINGTON, D.C. – Medicare and Social Security are going broke. That’s according to the Medicare and Social Security Trustees, as well as the Congressional Budget Office, who have repeatedly warned that these programs are fiscally unsustainable. But there is more to this story. As House Budget Committee Chairman Tom Price, M.D. (GA-06) put it during the Committee’s hearing this week on Restoring the Trust for Americans At or Near Retirement, “unfortunately, the financial well-being of the progr... Read more

  • Price Statement on Latest CBO Long-Term Outlook
    Posted in Press Releases on July 12, 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 its latest Long-Term Budget Outlook showing the national debt climbing to 141 percent of GDP by 2046, with real economic growth remaining at a depressed 2.1 percent on average over the next 30 years, and Medicare and Social Security facing insolvency. “One wonders how anyone can look at this report and not feel compelled to take acti... Read more

  • Price Statement on Tax Reform Task Force Report
    Posted in Press Releases on June 24, 2016 | Preview rr

    WASHINGTON, D.C. – House Budget Committee Chairman Tom Price, M.D. (GA-06) issued the following statement on the release of the House GOP’s Task Force on Tax Reform report: “Americans are spending too much of their time and too much of their money trying to make sense of the nation’s tax code. It is a burdensome mess holding back our economy, weakening our competitive edge in the world, and making it harder for individuals, families, and businesses to succeed. Thankfully, the Task Force on Tax R... Read more