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  • CBO: Spending Is Still the Problem
    May 14, 2013 - Moments ago, the Congressional Budget Office (CBO) provided a fresh reminder of Washington’s out-of-control spending. CBO updated its budget outlook with the following deficit and debt estimates: This year’s budget deficit = $642 billion FY2023 budget deficit = $895 billion Total deficits over the n... More
  • Ryan Statement on Senate Passage of the Sequestration Transparency Act
    July 25, 2012 - WASHINGTON - Earlier today, the United States Senate passed the Sequestration Transparency Act of 2012. The legislation was passed by the House of Representatives earlier this month. The Sequestration Transparency Act requires President Obama to detail how the administration plans to implement the b... More
  • Ryan on Passage of Responsible Deficit Reduction Package
    May 10, 2012 - WASHINGTON – Earlier today, the U.S. House of Representatives passed H.R. 5652, the Sequester Replacement Reconciliation Act of 2012, a package of reforms aimed to avert across-the-board cuts to our armed forces and key priorities, reduce the deficit, and foster a better environment for job creation... More
  • How much does the Sequester Replacement Reconciliation Act of 2012 reduce the deficit?
    May 9, 2012 - Current CBO cost estimate of SRRA: $242.8 billion in deficit reduction The House plans to consider the Sequester Replacement Reconciliation Act of 2012 (SRRA) on Thursday, May 10. This legislation replaces the deficit reduction from a “sequester” of discretionary spending that is scheduled to occur... More
  • Ryan Statement on Advancement of Responsible Spending Restraints and Reforms
    May 7, 2012 - Washington – Following the House Budget Committee’s successful passage of the Sequester Replacement Reconciliation Act and the Sequester Replacement Act, House Budget Committee Chairman Paul Ryan of Wisconsin issued the following statement: “Both parties agree that the across-the-board sequester set... More
  • House Budget Committee Mark-Up: Reconciliation and Replacing the Sequester
    May 7, 2012 - Welcome to today’s mark-up. Today, this Committee meets to advance sensible spending restraints and to reprioritize savings called for under the Budget Control Act. Last year, as we were coming up on the debt ceiling, the Obama administration asked Congress to rubber-stamp a blank-check increase in ... More