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  • House Budget Committee Hearing: The President’s Fiscal Year 2013 Revenue and Economic Policy Proposals
    February 16, 2012 - Welcome all, to this important hearing. I’d like to thank Secretary Geithner for joining us. This is your second hearing today and your fourth this week. We know that defending this budget is no easy task, so we appreciate your time. Mr. Secretary, it’s pretty well known that one of your favorite sa... More
  • House Budget Committee Hearing on the President’s FY2013 Budget
    February 15, 2012 - Welcome all, to this important hearing. I’d like to thank our witness today, Mr. Zients, for coming to us under difficult circumstances. With the departure of Mr. Lew from OMB just last month, we understand that you are testifying on short notice, and we recognize the difficulty of that. And unfortu... More
  • President's Budget Charts Path to Debt and Decline
    February 13, 2012 - The President has not merely ducked from our fiscal and economic challenges, but—with his fourth straight budget flop—he has advanced policies that dangerously accelerate the crisis before us. His gimmick-filled budget fails to reduce the fast-rising debt, permanently entrenches unsustainable levels... More
  • Ryan: President’s Budget Ensures Debt Crisis and Decline
    February 13, 2012 - WASHINGTON – Earlier today, President Obama introduced his Fiscal Year 2013 budget request, calling for record levels of spending increases, tax hikes, and debt. The President’s budget breaks his promise to cut the deficit in half by the end of his first term, and it breaks his obligation to all Ame... More
  • Associated Press: Obama's budget: Government still getting bigger
    February 13, 2012 - By Andrew Taylor Associated Press Taking a pass on reining in government growth, President Obama unveiled a record $3.8 trillion election-year budget plan Monday, calling for stimulus-style spending on roads and schools and tax hikes on the wealthy to help pay the costs. The ideas landed with a thud... More
  • Getting America out of deep debt
    December 12, 2011 - For three straight years, the U.S. government has run trillion-dollar deficits. In total, the nation has recently surpassed $15 trillion in debt — a number that continues to rise. For nearly 1,000 days, the Democrat-led Senate has refused to write a budget while Washington continues to careen from o... More
  • Middle Class Tax Relief and Job Creation Act of 2011
    December 9, 2011 - Budget Impact H.R. 3630 extends the payroll tax holiday, reforms and extends unemployment insurance benefits, and provides for a two-year extension of the Medicare “doc fix.” The bill is fully offset over a ten-year period based on Congressional Budget Office estimates. The table below shows the bud... More
  • Repairing the Broken Budget Process
    December 7, 2011 - WASHINGTON – This morning, Members of the House Budget Committee introduced a comprehensive package of ten legislative reforms designed to help repair the broken budget process. House Budget Committee Chairman Paul Ryan issued the following statement upon release of these reforms: “The federal budge... More
  • Line-item veto would help slash wasteful spending
    December 1, 2011 - In Wisconsin, congressional leaders have a long tradition of putting partisanship aside to solve problems. In recent years, I’ve upheld this tradition by teaming with Janesville native and former Democratic Sen. Russ Feingold to advance legislation providing the president with a line-item veto to cu... More
  • Line-item veto would slow down Washington’s big spenders
    November 30, 2011 - Members of Congress, even with supercommittee powers, are incapable of cutting spending. With the public debt growing more and more out of control, something has to be done. So House Budget Committee Chairman Paul Ryan, Wisconsin Republican, joined his ranking member, Rep. Chris Van Hollen, Maryland... More