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Committee Mark-Up: The Path to Prosperity – FY2013 Budget Resolution
March 21, 2012
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Welcome to the mark up for the Fiscal Year 2013 budget resolution. I am proud to be here with my House Budget Committee colleagues today. I am proud of all the hard work you’ve done to produce the budget we’re here to discuss. I also want to thank my colleagues on the other side of the aisle, especi...
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The GOP Budget and America's Future
March 19, 2012
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Less than a year ago, the House of Representatives passed a budget that took on our generation's greatest domestic challenge: reforming and modernizing government to prevent an explosion of debt from crippling our nation and robbing our children of their future. Absent reform, government programs de...
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House GOP Budget to Target Tax Rates
March 19, 2012
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House Republicans, seizing on what they hope is a potent campaign issue in the midst of a muddled political and economic landscape, will introduce a 2013 budget Tuesday that cuts tax rates and provides for two individual brackets of 10% and 25%. The budget would end the Alternative Minimum Tax, whic...
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The Path to Prosperity Budget: Your Country. Your Future. Your Choice.
March 19, 2012
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@RepPaulRyan: If you agree it’s morally wrong to ignore the most predictable crisis in U.S. history, this is your budget: Americans have a choice to make. A choice that's going to determine our country’s future. Will it be a future that looks like the America we know? One of greater opportunity, gre...
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CBO Re-estimate Confirms Serious Consequences of President’s Unserious Budget
March 16, 2012
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WASHINGTON – Earlier today, the non-partisan Congressional Budget Office (CBO) released an analysis of President Obama’s Fiscal Year 2013 budget request. CBO’s analysis estimates next year’s budget deficit would be $76 billion higher than the President claimed. In response to CBO’s analysis, House B...
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Paul Ryan Previews The Path to Prosperity
March 15, 2012
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Watch House Budget Committee Chairman Paul Ryan of Wisconsin preview next week’s release of a budget for the federal government. Click to watch “What if your President, your Senator and your Congressman knew a crisis was coming? What if they knew why it was happening? What if they knew what they nee...
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Government Must Refocus Its Safety Net to Those in Need
March 5, 2012
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Late last year, the Congressional Budget Office (CBO) released a study on changes in the distribution of household income in America from 1979 to 2007. This study offered fresh insight into an intensifying debate in Washington and across America over income inequality—what causes it, how do governme...
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Strengthening Health and Retirement Security: A Call To Action
February 28, 2012
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The House Budget Committee held a hearing today on the critical need to save and strengthen Medicare and Social Security. In revealing testimony, Richard Foster, Chief Actuary of the Centers for Medicare and Medicaid Services, and Stephen Goss, Chief Actuary of the Social Security Administration, pr...
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Analysis of the President’s Budget for FY2013
February 24, 2012
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KEY POINTS The President’s budget spends too much – a net spending increase of $1.5 trillion above current projections. The President’s budget taxes too much – a net tax increase of $1.9 trillion above current projections. The President’s budget borrows too much: It adds over $11 trillion to the na...
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Obama’s dereliction of duty
February 16, 2012
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President Obama has delivered the last budget of his term. Three of the four, including this one, were submitted late, shattering the previous record for an administration. Each of the four proposed more than $1 trillion in higher taxes on hard-working families and businesses, along with trillions i...
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