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  • Price Opening Statement: Reclaiming Congressional Authority Through the Power of the Purse
    Posted in Speeches and Statements on May 25, 2016 | Preview rr

    As Prepared for Delivery Today’s hearing marks an informal kickoff to a renewed effort by this committee to reform the Congressional budget process. This is not this committee’s first look at this topic. We began to examine the broader contours of a reform effort through two hearings we held last year. Nevertheless, we are beginning what will be a series of hearings over the coming weeks. The aim is to have these discussions inform the drafting of legislation to enact a true overhaul of the 1974... Read more

  • Price Statement on Disappointing First Quarter GDP Report
    Posted in Press Releases on April 28, 2016 | Preview rr
    Tags: Budget Process Reform

    WASHINGTON, D.C. - House Budget Committee Chairman Tom Price, M.D. (GA-06) released the following statement in response to today’s disappointing GDP report that showed the economy only grew by 0.5 percent in the first quarter of 2016: “The failed economic policies and regulatory oppression of the Obama Administration have contributed to a weakened economy that continues to frustrate the efforts of American families, workers, and businesses to make ends meet. If current policies are maintained, t... Read more

  • Price and Rokita Op-Ed in RealClearPolitics: How and Why We Budget
    Posted in Commentary on April 13, 2016 | Preview rr

    By House Budget Committee Chairman Tom Price and Vice Chairman Todd Rokita April 13, 2016 Permalink The American people are frustrated. For too long, they have seen too many in Washington standing in the way of responsible decisions that need to be made to secure our country’s future. Despite the fact that there has been some success – including cutting the deficit by over $800 billion – pushing back against the tax more/spend more agenda of President Obama, citizens are keenly aware that far mo... Read more

  • House Budget Committee Releases Fiscal Year 2017 Committee Report
    Posted in Press Releases on March 23, 2016 | Preview rr

    WASHINGTON, D.C. – Today, the House Budget Committee filed the Fiscal Year 2017 budget resolution (H. Con. Res. 125) and released the accompanying committee report (H Report 114-470) for A Balanced Budget for a Stronger America. The report features the budget’s in-depth policy proposals, long-term projections, historical trends and economic analyses, information on the reconciliation process, comparisons between the committee’s budget and the president’s budget, as well as ideas for improving th... Read more

  • Chairman Price Opening Statement: Markup of the Fiscal Year 2017 Budget Resolution
    Posted in Speeches and Statements on March 16, 2016 | Preview rr

    As Prepared for Delivery Good morning. Today, we are marking up the Fiscal Year 2017 budget resolution, A Balanced Budget for a Stronger America. This is a plan to get the nation’s fiscal house in order by balancing the budget within 10 years – a plan to empower the American people, hold Washington accountable to hard-working taxpayers, foster an environment for economic growth and opportunity, and ensure a strong national defense. We are presenting a vision that values outcomes over inputs; one... Read more

  • Price Statement on Committee Passage of Balanced Budget
    Posted in Press Releases on March 16, 2016 | Preview rr

    WASHINGTON, D.C. – House Budget Committee Chairman Tom Price, M.D. (GA-06) issued the following statement after the House Budget Committee approved the Fiscal Year 2017 Budget resolution, A Balanced Budget for a Stronger America: “This evening, the House Budget Committee approved a plan to reduce the deficit by $7 trillion and balance the nation’s budget. It lays before the American people a positive vision for how we can solve our fiscal, economic, and national security challenges through refor... Read more

  • House Budget Committee Introduces Fiscal Year 2017 Budget
    Posted in Press Releases on March 15, 2016 | Preview rr

    WASHINGTON, D.C. - House Budget Committee Chairman Tom Price, M.D. (GA-06) issued the following statement today after the House Budget Committee introduced its Fiscal Year 2017 budget proposal, A Balanced Budget for a Stronger America: “We need real solutions to overcome the fiscal, economic, and national security challenges facing our nation. Surrendering to the status quo or failing to act boldly will mean Americans today and in the future will have less opportunity and less security. The Fisc... Read more

  • Price: Real Debt Reduction Will Require White House Cooperation
    Posted in Press Releases on February 11, 2016 | Preview rr

    WASHINGTON, D.C. – House Budget Committee Chairman Tom Price, M.D. (GA-06) issued the following statement after the House of Representatives passed H.R. 3442, the Debt Management and Fiscal Responsibility Act of 2015 – legislation that would require the Treasury Secretary, prior to the nation reaching its public debt limit, to appear before Congress and provide testimony on what is driving our national debt, a clear series of proposals on deficit and debt reduction, and an update on what progres... Read more

  • Price Responds to President Obama’s Unbalanced & Irresponsible Budget
    Posted in Press Releases on February 9, 2016 | Preview rr

    WASHINGTON, D.C. – House Budget Committee Chairman Tom Price, M.D. (GA-06) issued the following statement in response to President Obama’s irresponsible FY 2017 budget proposal that would increase spending by $2.5 trillion and raise taxes by $3.4 trillion over the next decade. Under this budget, the national debt will be more than double what it was when the president took office. “Like every one of his previous budgets, President Obama’s newest plan never balances. Ever. Like all of his previou... Read more

  • Chairman Price Opening Statement: CBO's Budget and Economic Outlook
    Posted in Speeches and Statements on February 4, 2016 | Preview rr

    Good morning and thank you all for being here. Today’s hearing is focused on the Congressional Budget Office’s recently released Budget and Economic Outlook. In its report CBO projects that if no changes are made to current policies, deficits over the next decade will total $9.4 trillion. This is up from $7.6 trillion from your estimate last year. The national debt will rise to over $29 trillion by 2026, from it’s current too high $19 trillion – and average economic growth over the next ten year... Read more