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  • Price: With Poverty Rate Unchanged, It’s Time for New Ideas
    Posted in Press Releases on September 16, 2015 | Preview rr

    WASHINGTON, D.C. – Today, the United States Census Bureau released its annual poverty report that stated the official poverty rate in 2014 was 14.8 percent. This has been the fourth straight year that the poverty rate has remained roughly the same. In response to the report, House Budget Committee Chairman Tom Price, M.D. (GA-06) issued the following statement: “The federal government has spent trillions of dollars over the past half-century fighting poverty, and yet 46.7 million Americans are l... Read more

  • “We are looking at the metrics…”
    Posted in Press Releases on September 12, 2015 | Preview rr

    WASHINGTON, D.C. – Wednesday's House Budget Committee hearing on Restoring the Trust for Younger Americans included Evan Baehr – co-founder of online lender Able – who testified about his experience as a young innovator and entrepreneur. He used that experience to hammer home the idea of measuring outcomes and encouraged policymakers to look at our own operations and how we can measure the results of the policies we enact: “We are looking at the metrics. We’re deciding did it work? How do we rea... Read more

  • “Raising taxes is the lazy way to fix the problem"
    Posted in Press Releases on September 10, 2015 | Preview rr

    WASHINGTON, D.C. – Yesterday, during the House Budget Committee’s Restoring the Trust for Young Americans hearing, West Virginia State Delegate Saira Blair, the youngest state legislator in the country, highlighted the fact that we won’t solve our long-term fiscal challenges by raising taxes. While discussing concerns with the current lack of economic opportunity, Blair said, “raising taxes is the lazy way to fix the problem. We need to be creative, and we need to be innovative in our solutions.... Read more

  • “Action sooner, rather than later, is no longer an option—it is a necessity”
    Posted in Press Releases on September 10, 2015 | Preview rr

    WASHINGTON, D.C. – During yesterday’s Restoring the Trust for Young Americans hearing at the House Budget Committee, Jared Meyer, a fellow at the Manhattan Institute, discussed the fiscal challenges facing Millennials – specifically student loan debt and the long-term insolvency of health and retirement programs: “America’s federal policies need to shift to reflect the growing public realization that both of these debts and the burdens that they place on young people’s futures are unsustainable ... Read more

  • Chairman Price Opening Statement: Restoring the Trust for Young Americans
    Posted in Speeches and Statements on September 9, 2015 | Preview rr

    As Prepared for Delivery Good morning. Thank you all for being here. Every hearing we hold here at the House Budget Committee is meant to examine important issues, ask pertinent questions, and, hopefully, get answers that can help us solve the fiscal and economic challenges facing our nation. With today’s hearing, we are seeking more than answers. We are seeking a unique perspective that will help inform our larger, long-term goal of improving the nation’s health, retirement, and economic securi... Read more

  • Price Statement on Latest CBO Budget & Economic Outlook
    Posted in Press Releases on August 25, 2015 | Preview rr

    WASHINGTON, D.C. – House Budget Committee Chairman Tom Price, M.D. (GA-06) issued the following statement after the Congressional Budget Office (CBO) released an update to its Budget and Economic Outlook – projecting a $426 billion deficit for Fiscal Year 2015, annual deficits toping $1 trillion in 2025, and annual average economic growth of just 2.3 percent over the next decade: “Washington’s fiscal house is a mess. Hundreds of billions of dollars will be added to the national debt this year an... Read more

  • Price Statement on 80th Anniversary of Social Security
    Posted in Press Releases on August 14, 2015 | Preview rr

    WASHINGTON, D.C. – House Budget Committee Chairman Tom Price, M.D. (GA-06) issued the following statement marking the 80th Anniversary of Social Security and called for innovative solutions to save and strengthen the program for today’s seniors and tomorrow’s retirees. According to the latest Social Security Trustees Report, Social Security faces insolvency in 2034. “For eighty years, Social Security has helped Americans retire with peace of mind. Today, the program is on an unsustainable path t... Read more

  • Price Op-Ed in IJReview.com: Medicare and Medicaid Turn 50 Today. Let’s Keep Them Healthy.
    Posted in Commentary on July 30, 2015 | Preview rr

    By Tom Price Chairman of the House Budget Committee July 30, 2015 Permalink Today marks 50 years since President Lyndon Johnson signed into law the Social Security Amendments of 1965, creating Medicare and Medicaid. For five decades, seniors, as well as those with long-term illnesses, disabilities or limited means have relied on these programs for access to health care. American workers have paid taxes with the understanding that if or when the time comes, Medicare and Medicaid would be there fo... Read more

  • Budget Republicans Call for Action on Health, Retirement, and Economic Security Programs
    Posted in Press Releases on July 29, 2015 | Preview rr
    Tags: Economy / Financial

    WASHINGTON, D.C. – Today, the Republican members of the House Budget Committee sent the following letter to their colleagues in the House Republican Conference highlighting the challenges facing America's health, retirement, and economic security programs. The letter urges House Republicans to focus on finding positive solutions to save and strengthen vital programs such as Medicare and Social Security. The House Budget Committee recently launched an initiative called "Restoring the Trust for Al... Read more

  • Price Statement on Highway Funding
    Posted in Press Releases on July 29, 2015 | Preview rr
    Tags: Defense

    WASHINGTON, D.C. – House Budget Committee Chairman Tom Price, M.D. (GA-06) issued the following statement after the House of Representatives approved a three month extension of the Highway Trust Fund: “A safe and modern transportation system is a vital component to a healthy and growing economy. Which is why our nation is in need of a long-term plan to repair and update our roads and highways. However, it is clear that more time is needed for both the House and Senate to continue working on find... Read more