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House Budget Committee Markup of the Concurrent Resolution on the Budget for FY2014
March 13, 2013
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Welcome, everybody. I want to start by thanking the members of this committee. As you know, writing a budget is a tough job—because you have to make choices. But everybody pitched in this year. And I’m grateful for your help. I’m especially grateful to ranking member Chris Van Hollen. This committee...
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The GOP Plan to Balance the Budget by 2023
March 12, 2013
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America's national debt is over $16 trillion. Yet Washington can't figure out how to cut $85 billion—or just 2% of the federal budget—without resorting to arbitrary, across-the-board cuts. Clearly, the budget process is broken. In four of the past five years, the president has missed his budget dead...
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House Budget Committee GOP Releases a Responsible, Balanced Budget
March 12, 2013
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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...
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Ryan Statement on Nomination of Burwell for OMB Director
March 4, 2013
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WASHINGTON—House Budget Committee Chairman Paul Ryan of Wisconsin issued the following statement in response to President Obama’s nomination of Sylvia Mathews Burwell to serve as director of the Office of Management and Budget: “I commend President Obama for choosing Sylvia Mathews Burwell to serve ...
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A Debt Crisis in America: What It Might Look Like
February 22, 2013
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Key Facts The federal debt today is over $16.5 trillion. That’s larger than the entire U.S. economy. The government’s debt is set to skyrocket in the years ahead. This debt will cause pain for families today and greater hardship when a debt crisis hits. Once lenders lose confidence in the federal g...
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House Budget Committee Hearing: The Congressional Budget Office’s Budget and Economic Outlook
February 13, 2013
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Welcome, everyone, to today’s hearing. Thanks to Dr. Elmendorf for coming to testify. And thanks to your staff for putting together the latest Budget and Economic Outlook. I’m sorry to say: Things don’t look good. The CBO says our economy will grow by only 1.4 percent this year. Unemployment will ho...
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The Principle of Prudence and the Conservative Renewal
January 26, 2013
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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...
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Chairman Ryan Statement on the No Budget, No Pay Act of 2013
January 23, 2013
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WASHINGTON—Earlier today, the House of Representatives passed H.R. 325, the No Budget, No Pay Act of 2013. The legislation requires both houses of Congress to pass a budget, as stipulated by federal law. If either house fails to pass a budget, its members’ pay will be withheld. Upon passage of the l...
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Chairman Ryan Statement on Remaining Debt Challenge
January 1, 2013
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WASHINGTON—Today, the House of Representatives voted to prevent across-the-board tax increases on the American people, again taking action to avert the short-term “fiscal cliff.” Upon passage of the legislation, House Budget Committee Chairman Paul Ryan of Wisconsin issued the following statement: “...
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Spending is the Problem
December 13, 2012
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VIEW AS: PDF JPEG PowerPoint Excel Data President Obama’s most recent budget called for $2 trillion of tax increases on families and job creators. He continues to call for tax increases that are bad for economic growth and bad for jobs. His tax increases won’t expand opportunity for the tens of mil...
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