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  • CBO: Spending Is Still the Problem
    May 14, 2013 - Moments ago, the Congressional Budget Office (CBO) provided a fresh reminder of Washington’s out-of-control spending. CBO updated its budget outlook with the following deficit and debt estimates: This year’s budget deficit = $642 billion FY2023 budget deficit = $895 billion Total deficits over the n... More
  • Ryan: The President’s Budget Is a Missed Opportunity
    April 10, 2013 - WASHINGTON—House Budget Committee Chairman Paul Ryan of Wisconsin issued the following statement in response to President Obama’s FY2014 budget proposal: “I’m disappointed by the President’s proposal because it merely ratifies the status quo. It doesn’t break new ground; it goes over old ground: It... More
  • The President’s Plan Takes More to Spend More
    April 10, 2013 - Their Budget Never Balances—Ever The House budget balances in ten years, but, like Senate Democrats, the White House says their budget never balances—ever. $8.2 Trillion in New Debt Accounting for the cost of eliminating the sequester and removing the budget gimmicks, net deficit reduction is only ... More
  • House Budget Committee GOP Releases a Responsible, Balanced Budget
    March 12, 2013 - WASHINGTON­—Today, House Budget Committee Chairman Paul Ryan of Wisconsin and Committee Republicans released their plan to balance the budget in ten years. It is a responsible plan to cut spending, reform government, and foster a healthier economy. It provides economic security for families, repairs... More
  • The Principle of Prudence and the Conservative Renewal
    January 26, 2013 - Thanks, Rich. I’m happy to see so many friends in the audience. And I’m honored to speak to such distinguished guests. I’d say this is, perhaps, the greatest collection of conservative talent ever gathered in one room—with the possible exception of when William F. Buckley dined alone. I started read... More
  • #StopTheTaxHike
    July 27, 2012 - WASHINGTON – Next week, the U.S. House of Representatives will vote to protect all American families and businesses from a massive tax hike in 2013. In advance of next week's vote, House Budget Committee Chairman Paul Ryan of Wisconsin released the following video, making the case for pro-growth tax... More
  • Ryan: The Case for Repeal and Replace Grows Stronger
    June 28, 2012 - WASHINGTON – Earlier today, the Supreme Court of the United States delivered a disappointing ruling in Florida v. the United States Department of Health and Human Services, affirming that the federal mandate to purchase government-approved health insurance imposes a tax on the American people. In th... More
  • The Facts on President Obama’s Budget Record
    June 7, 2012 - Despite a promise to cut the deficit in half by the end of his first term, the President has run annual deficits in excess of $1 trillion for four years in a row. Since the President took office, annual government spending has increased by 25%, with the federal government spending $3.6 trillion thi... More
  • Correcting Distortions and Myths on Tax Relief and Deficits
    June 7, 2012 - Fueled by the unsustainable growth in government spending, the federal government’s budget deficits have increased sharply in recent years, eclipsing the $1 trillion mark the past three years and are on track to do so for a fourth. Gross public debt has already surpassed the size of the entire U.S. ... More
  • House Budget Committee Hearing: The Congressional Budget Office’s Long-Term Budget Outlook
    June 6, 2012 - Welcome all to the House Budget Committee. The purpose of this hearing is to review the Long-Term Budget Outlook, and unpack the fiscal and economic challenges facing our nation. We are joined today by Doug Elmendorf, Director of the Congressional Budget Office. I want to thank you for testifying to... More