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  • Working Paper on Regulatory Budgeting
    Posted in HBC Publications on September 8, 2016 | Preview rr

    The exercise of government in America has become much more a matter of regulation than of legislation. In 2015, Federal agencies issued nearly 30 times as many regulations as laws that were enacted. Thus Congress cedes growing shares of its authority to an unelected fourth branch of government with ever-increasing control over Americans’ lives. The cost of regulations has been estimated at about $2 trillion a year, and one study has shown that a 10-percent increase in the quantity of Federal reg... Read more

  • Chairman Price Opening Statement: Center for Medicare and Medicaid Innovation: Scoring Assumptions and Real-World Implications
    Posted in Speeches and Statements on September 7, 2016 | Preview rr

    As prepared for delivery Welcome back and thank you to everyone for joining us this morning. One of the core responsibilities of Congress is oversight. It’s our job to keep a watchful eye over government departments and agencies to ensure their activities are fairly, efficiently, and effectively executed. In order to competently exercise its oversight authority, Congress has instituted certain instruments and agencies to aid in that endeavor – perhaps none with as large an impact as the Congress... Read more

  • Price Op-Ed in Roll Call: Obamacare Agency Escapes Congressional Oversight
    Posted in Commentary on September 7, 2016 | Preview rr

    By Tom Price Chairman of the House Budget Committee September 7, 2016 Permalink Our constitutional system was carefully designed to prevent any one branch from seizing too much control over the entire government. Only Congress can write legislation; only the President can execute the laws; only the courts can judge whether the laws are constitutional. This balance of powers, however, does not maintain itself. It is a dynamic equilibrium requiring each branch of government to protect and fully ex... Read more

  • Budget Committee Releases Working Paper on Alternative Approaches to the Federal Budget
    Posted in Press Releases on August 30, 2016 | Preview rr

    WASHINGTON, D.C. – Today, the House Budget Committee released its fifth in a series of working papers focused on the Committee’s effort to overhaul the Congressional Budget Act of 1974 and reform the congressional budget process. The paper follows a hearing the Committee held on July 6th that examined what sort of alternative budget approach or approaches could better serve the goal of fiscal responsibility and a more effective, efficient, and accountable government. The working paper focuses on... Read more

  • Working Paper on Alternative Approaches to the Federal Budget
    Posted in HBC Publications on August 30, 2016 | Preview rr

    The Federal budget today is viewed principally on a cash basis that measures priorities mainly by how much Congress spends on them in the present. It does not contain a systematic means of applying measures of program and agency performance to budgetary decisions. It does not comprehensively evaluate the full range of policies employed to achieve national goals. It does not distinguish between spending for immediate consumption and spending with longer-term benefits. Its process begins by assumi... Read more

  • VIDEO: Chairman Price on Employer-Sponsored Insurance
    Posted in Press Releases on August 26, 2016 | Preview rr

    WASHINGTON, D.C. – Roughly sixty percent of Americans get their health insurance through their employer. This employer-sponsored insurance market currently enjoys an unlimited level of tax deductibility which incentivizes employers to spend more and more resources on health care coverage. This setup artificially distorts the broader health insurance market. As House Budget Committee Chairman Tom Price, M.D. (GA-06) describes it in today’s video release: “It increases the cost of health coverage ... Read more

  • VIDEO: Chairman Price on Innovation in Health Care
    Posted in Press Releases on August 24, 2016 | Preview rr

    WASHINGTON, D.C. – We all want an innovative health care system. Sadly, right now we have a system that is punishing the innovators – driving up their costs through taxation and regulation. As a result, it is that much harder for patients to have access to new drugs or treatments that would increase the quality of care in this country. To break down barriers, we need to choose a better way with policies that support the innovative spirit in this country. As House Budget Committee Chairman Tom Pr... Read more

  • VIDEO: Chairman Price on Medicaid
    Posted in Press Releases on August 23, 2016 | Preview rr

    WASHINGTON, D.C. – The Medicaid program was created to make sure that those in our communities who are less fortunate from an economic standpoint are able to have health coverage. The reality is that the current program is one where Washington is dictating to the states what they must do in providing care to their Medicaid populations. The result: Medicaid patients are discovering that having health coverage does not mean having access to actual health care as they struggle to find physicians ab... Read more

  • Budget Committee Releases Working Paper on Making Budget Enforcement More Effective
    Posted in Press Releases on August 23, 2016 | Preview rr

    WASHINGTON, D.C. – Today, the House Budget Committee released its fourth in a series of working papers focused on the Committee’s effort to overhaul the Congressional Budget Act of 1974 and reform the congressional budget process. The paper follows a hearing the Committee held on June 22nd that examined how Congress can more effectively enforce the budget. The working paper focuses on four main themes: The Importance of Budget Enforcement Pre-1974 Federal Budgeting Basic Flaws in Current Practic... Read more

  • Working Paper on Making Budget Enforcement More Effective
    Posted in HBC Publications on August 23, 2016 | Preview rr

    The need for sound enforcement of spending and revenue is inherent in the practice of budgeting. A budget lacking enforcement is not a budget at all, and this dilutes Congress’s constitutional “power of the purse.” The Congressional Budget Act of 1974 has several enforcement provisions, and Congress has adopted additional rules and statutes over the years to enforce budgetary goals. Most of these have failed, however, due to poor design or because they can easily be waived or circumvented. The r... Read more