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  • Price Statement on Tax Reform Task Force Report
    Posted in Speeches and Statements on June 24, 2016 | Preview rr

    WASHINGTON, D.C. – House Budget Committee Chairman Tom Price, M.D. (GA-06) issued the following statement on the release of the House GOP’s Task Force on Tax Reform report: “Americans are spending too much of their time and too much of their money trying to make sense of the nation’s tax code. It is a burdensome mess holding back our economy, weakening our competitive edge in the world, and making it harder for individuals, families, and businesses to succeed. Thankfully, the Task Force on Tax R... Read more

  • Price Opening Statement: Making Budget Enforcement More Effective
    Posted in Speeches and Statements on June 22, 2016 | Preview rr

    As Prepared for Delivery Over the past several weeks, this committee has held hearings focused on different aspects of our effort to reform the Congressional budget process. Budget enforcement – the subject of today’s hearing – has been a part of the discussion from the very beginning. And the reason is obvious. A budget that is not enforced – is not effective. Moreover, the budget process Congress ultimately adopts will only be successful if Congress is willing to enforce the budgets it approve... Read more

  • Price Opening Statement: The Need for Fiscal Goals
    Posted in Speeches and Statements on June 15, 2016 | Preview rr

    As Prepared for Delivery The focus of today’s hearing is on the need for Congress to establish fiscal goals to drive discipline and accountability in the budgeting process. In short, it is about building consensus. Policymakers and the public at large need to reach consensus on a standard or set of standards against which we will measure our level of fiscal responsibility. Without such consensus, we lack a sound foundation upon which to build an effective budget process. We will be destined to ... Read more

  • 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

  • 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

  • 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

  • Price Opening Statement: Does Biennial Budgeting Fit in a Rewrite of the Budget Process?
    Posted in Speeches and Statements on November 18, 2015 | Preview rr

    As Prepared for Delivery Good morning and thank you all for being here. Today’s hearing is part of our ongoing effort at the House Budget Committee to focus time and attention on reforming the Congressional budget process. To understand the impetus for reform, one need only look at the history of writing budgets under the current process. Deadlines are routinely missed – sometimes deliberately – and appropriations bills are often combined into massive, omnibus measures that give little time for... Read more

  • Chairman Price Opening Statement: Restoring the Trust for Vulnerable Americans
    Posted in Speeches and Statements on October 28, 2015 | Preview rr

    Good morning and thank you all for being here. In September, the United States Census Bureau released its annual poverty report that stated the official poverty rate in 2014 was 14.8 percent. For the fourth straight year, the rate has remained roughly the same. No one statistic paints a complete picture, but it does stand to reason that if, after trillions of dollars spent on assistance for poor and low-income Americans across dozens of different programs, and 46.7 million Americans are still li... Read more

  • Price Opening Statement: Restoring Americans' Healthcare Freedom Reconciliation Act
    Posted in Speeches and Statements on October 23, 2015 | Preview rr

    As Prepared for Delivery Mr. Speaker, this year – for the first time in over a decade – Congress adopted a 10-year balanced budget agreement. The House and Senate were able to agree on a plan that would reduce spending by over $5 trillion, save and strengthen important health and retirement programs, provide for a strong national defense and support a growing economy with greater opportunity for more Americans to achieve their dreams. It is a bold plan at a time in our nation’s history when we f... Read more

  • Price Opening Statement: Reconciliation Markup
    Posted in Speeches and Statements on October 9, 2015 | Preview rr

    As Prepared for Delivery Good morning and thank you all for being here. Today, we are reporting a package of legislation submitted by three House committees pursuant to the reconciliation instructions included in this year’s concurrent balanced budget resolution. This is the next step in an ongoing process that will give Congress the opportunity to move legislation through both the House and Senate in an expedited manner and to the president’s desk for his consideration. This year – for the firs... Read more