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  • The Congressional Budget Office's Long-Term Budget Outlook
    June 23, 2011 - ; Welcome all, to this important hearing. The purpose of today’s hearing is to discuss what can be done to avoid a debt-fueled economic collapse in this country. Our witness today is Doug Elmendorf, director of the Congressional Budget Office. I thank you Doug for your professionalism and hard work ... More
  • Lifting the Debt, Rejecting Decline and Securing America’s Leadership
    June 2, 2011 - Thank you so much, Rich, for the kind introduction. Some of you might be wondering why the House Budget Committee chairman is standing here addressing a room full of national security experts about American foreign policy. What can I tell you that you don’t already know? The short answer is, not mu... More
  • House Budget Committee Hearing: Fannie Mae, Freddie Mac & FHA: Taxpayer Exposure in the Housing Markets
    June 2, 2011 - Welcome all, to this important hearing. The purpose of today’s hearing is to highlight the true costs and risks posed to taxpayers by the government’s ongoing bailout of Fannie Mae and Freddie Mac. It also seeks to shed light on the hidden costs of the mortgage insurance program run by the Federal H... More
  • Highlights from Paul Ryan’s Address to The Economic Club of Chicago
    May 16, 2011 - RYAN HIGHLIGHTS THE BUDGET DEBATE’S MISSING INGREDIENT – ECONOMIC GROWTH “…[M]any in Washington – including the President – are really arguing over who to hurt and how best to manage the decline of our nation. It is a framework that accepts ever-higher taxes and bureaucratically rationed health car... More
  • Shared Scarcity versus Renewed Prosperity
    May 16, 2011 - Thank you so much, Anne, for the kind introduction. I want to thank you all for inviting me to speak. It was especially gracious of you to host me, even though I’m a Packers fan and I assume most of you are Bears fans. But that doesn’t mean we can’t work together. As chairman of the House Budget Co... More
  • The Case for Real Security and a Path to Prosperity
    April 5, 2011 - Thank you Arthur, and thank you all for being here today. You know, the budget debates that are raging now in state capitals and here in Washington – especially the one we’re having now in Congress – seem a little disconnected from reality. The news stories are full of phrases like “continuing reso... More
  • House Budget Committee Hearing: Fulfilling the Mission of Health and Retirement Security
    March 17, 2011 - Welcome all, to this important hearing on the future of our country. Medicare, Medicaid, and Social Security provide health and retirement security for millions of Americans. The principal aim of this hearing is to make clear that trying to “protect” the government’s major entitlement programs by ma... More
  • House Budget Committee Hearing: Lifting the Crushing Burden of Debt
    March 10, 2011 - Welcome all, to this important hearing on the future of our country. We here in Congress have our differences over how to solve our most urgent fiscal challenges. But I don’t think there is any serious debate over the urgency of these challenges. I doubt anyone here would dispute the fact that, if w... More
  • Department of the Treasury Fiscal Year 2012 Budget
    February 16, 2011 - Thank you, Secretary Geithner, for coming before our Committee today to discuss the President’s budget. The President has disappointed us by presenting us with another budget that spends too much, borrows too much and taxes too much. It is a budget that will stifle job growth today and leave a dimin... More
  • House Budget Committee Hearing: The President's Fiscal Year 2012 Budget
    February 15, 2011 - Director Lew, welcome back. The President is fortunate that you agreed to a return assignment to OMB under a darkening fiscal outlook. We are aware of the challenges you faced in putting this budget together, and we thank you for your hard work. The Budget of the United States is about much more th... More

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