Menu
Home ▶ news

News List

Print
  • CBO Shows the President’s Budget Doesn’t Solve the Problem
    May 17, 2013 - WASHINGTON—This afternoon, the Congressional Budget Office (CBO) released an analysis of the President’s fiscal year 2014 budget. CBO found that the President’s budget would add $115 billion more to the deficit in 2014 than if we just did nothing. The CBO estimates that the President’s budget incre... More
  • Ryan Opening Statement: House Budget Committee Hearing with Treasury Secretary Lew
    April 16, 2013 - "Welcome, everybody. To start, I want to thank Secretary Lew. Mr. Secretary, I want you to know that despite our disagreements, we appreciate your taking the time to join us today. "Well, yesterday was Tax Day. And tax season was a lot more stressful than it should have been. Our tax code is a Rubi... More
  • The President’s Budget: Bad for Economic Growth and Bad for Jobs
    April 12, 2013 - In 2010, economists Ken Rogoff and Carmen Reinhart completed a widely cited study that looked at the historical relationship between public debt and GDP growth and inflation in a variety of advanced and developing countries. The study used data from 44 countries and spanned roughly 200 years. It fou... More
  • The Facts About the President’s Budget
    April 11, 2013 - While there is no dispute that the President’s budget request never achieves balance, the President is making a variety of claims about the amount of deficit reduction that would be achieved if Congress adopted his budget request. As the House Budget Committee has explained before, claims about defi... More
  • Joint Statement from Chairman Patty Murray and Chairman Paul Ryan
    April 10, 2013 - Following their meeting earlier today, Senate Budget Committee Chairman Patty Murray and House Budget Committee Chairman Paul Ryan released the following joint statement: “We had a constructive discussion about moving forward under regular order. We recognized the many differences between the House ... 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 Passes a Responsible, Balanced Budget
    March 21, 2013 - WASHINGTON—Earlier today, the House of Representatives passed H. Con. Res. 25, the budget resolution for fiscal year 2014. The House Republican budget stops spending money Washington doesn’t have and fosters a healthier economy to create jobs. This marks the third consecutive year House Republicans ... More
  • Cogan & Taylor: How the House Budget Would Boost the Economy
    March 18, 2013 - By John F. Cogan and John B. Taylor Excerpt: This week the House of Representatives will vote on its Budget Committee plan, which would bring federal finances into balance by 2023. The plan would do so by gradually slowing the growth in federal spending without raising taxes. Still, the plan has bee... More
  • A Contrast in Visions
    March 15, 2013 - For the first time since 2009, the Senate Budget Committee met in open session and reported a budget resolution. Their effort this past week reveals why they went so long without a budget. Because they refuse to control spending, their budget imposes massive new tax increases on hardworking families... More