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  • Budget Redo - As Told by TV Shows and Movies Based in the 70s
    Posted in Press Releases on December 2, 2016 | Preview rr

    On Wednesday, the House Budget Committee released a proposal to overhaul the 1974 Congressional Budget Act. You can read the full discussion draft by clicking here or a still fairly detailed summary here. But if you are short on time, here is a quick breakdown. 1. Many things came out of the 1970s that have only gotten better with time - like Apple, Email, and some great entertainment. 2. Far out. But some things born in the 70s haven’t stood the test of time - like the 1974 Budget Act. 3. This ... Read more

  • Chairman Price Remarks at Brookings Institution: A Reform Agenda for the Federal Budget Process
    Posted in Speeches and Statements on November 30, 2016 | Preview rr

    Remarks as prepared for delivery Thank you to the Brookings Institution for hosting today’s event and thank you to the Committee for a Responsible Federal Budget for agreeing to co-sponsor as well. Scholars at Brookings and CRFB, as well as the National Budgeting Roundtable, have been part of a driving force behind an effort to reform the Congressional budget process. I want to thank you for lending your time, your expertise, and your passion to this issue. We meet today less than a month after ... Read more

  • Budget Committee Releases Working Paper on Growing Risks to the Budget and the Economy
    Posted in Press Releases on October 18, 2016 | Preview rr

    WASHINGTON, D.C. — Today, the House Budget Committee released a working paper entitled Growing Risks to the Budget and the Economy. The working paper follows a hearing the Committee held on September 14th that examined America’s budget and economic outlook and how poor economic policies continue to contribute to the nation’s poor fiscal health. The working paper focuses on three main areas: An Unsustainable Fiscal Path An Economy Mired in Slow Growth Pro-Growth Reforms, Not More of the Same In i... Read more

  • Weekly Republican Address: A Better Way to Fix Health Care
    Posted in Press Releases on September 30, 2016 | Preview rr

    WASHINGTON, D.C. — In this week’s Republican address, House Budget Committee Chairman Tom Price, M.D. (R-GA) discusses our plan to repeal Obamacare and replace it with patient-centered solutions. The address comes on the third anniversary of the rollout of Obamacare. It serves as a prebuttal to a health care speech the president will give on Wednesday in Tampa, Florida. “House Republicans are listening, and we know it’s not enough to simply acknowledge the failures and the fallout,” Chairman Pri... Read more

  • BREAKING: Nonpartisan Watchdog Rules Obamacare Reinsurance Scheme Unlawfully Diverting Billions From Taxpayers
    Posted in Press Releases on September 29, 2016 | Preview rr

    WASHINGTON, D.C. - A group of bicameral Republican health care leaders are pointing to a new legal opinion issued on Obamacare’s controversial reinsurance program. The leaders urged the Comptroller General of the United States this spring to publish a legal opinion on the Centers for Medicare and Medicaid Services’ (CMS) decision to ignore federal law, and a previous CMS regulation that required taxpayers and the Treasury be paid under the Obamacare reinsurance program. To date, CMS has ignored ... Read more

  • Good Intentions, A Scandal, and An Economics Free Zone
    Posted in Press Releases on September 22, 2016 | Preview rr

    Good Intentions, A Scandal, and An Economics Free Zone Read more

  • Chairman Price Opening Statement: Restoring the Trust for Families and Working-Age Americans
    Posted in Speeches and Statements on September 21, 2016 | Preview rr

    As prepared for delivery Good morning. For over a year, the House Budget Committee has been engaged in an initiative called Restoring the Trust for All Generations. Today’s hearing is the fourth in a series of hearings this committee has held to advance this initiative. Restoring the Trust is an effort to raise awareness among both our colleagues in Congress and, more importantly, the American people we represent – about the serious fiscal and policy challenges facing our nation’s health, retire... Read more

  • Unsustainable, Chaotic, and With No Room for Discretion
    Posted in Press Releases on September 16, 2016 | Preview rr

    WASHINGTON, D.C. – The House Budget Committee in a hearing Wednesday entitled “Growing Risks to the Budget and the Economy” examined our nation’s current troubling fiscal and economic outlook, what is contributing to a forecast of slow growth and mounting debt, and how policymakers might go about correcting course. The consensus among the witnesses was unanimous that the current trajectory of deficit spending and higher debt cannot go on forever. As Dr. Jared Bernstein, Senior Fellow at the Cent... Read more

  • Chairman Price Opening Statement: Growing Risks to the Budget and the Economy
    Posted in Speeches and Statements on September 14, 2016 | Preview rr

    As prepared for delivery Good morning. The title of this hearing is the “Growing Risks to the Budget and the Economy.” Regardless of ones’ political posture – there are clearly some warning signs before us. In many ways the current budget and the current economy are in fact risks unto each other. The Congressional Budget Office (CBO) provides all of us with some sobering information – demonstrating that policymakers have ample evidence and information revealing just how severe the risks are now ... Read more

  • Budget Committee Releases Working Paper on Regulatory Budgeting
    Posted in Press Releases on September 8, 2016 | Preview rr

    WASHINGTON, D.C. – Today, the House Budget Committee released its sixth 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 7th that examined how Congress can better measure, evaluate, and ultimately control the impacts of regulations by adopting a regulatory budget. The working paper focuses on eight main areas: The Proliferation of Rul... Read more