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CBO Re-estimate Confirms Serious Consequences of President’s Unserious Budget
March 16, 2012
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WASHINGTON – Earlier today, the non-partisan Congressional Budget Office (CBO) released an analysis of President Obama’s Fiscal Year 2013 budget request. CBO’s analysis estimates next year’s budget deficit would be $76 billion higher than the President claimed. In response to CBO’s analysis, House B...
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CBO Confirms Another Broken Promise in the President’s Health Care Law
March 15, 2012
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WASHINGTON – Earlier today, the Congressional Budget Office (CBO), in response to a request from House Budget Committee Chairman Paul Ryan, released an analysis of the President’s health care law, finding that three to five million Americans will be pushed out of their employer-provided health insur...
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Ryan: IPAB Repeal Vote An Important Step In Saving Medicare
March 8, 2012
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WASHINGTON – House Budget Committee Chairman Paul Ryan spoke out in support of H.R. 452, the Medicare Decisions Accountability Act of 2011, which passed the Ways and Means Committee earlier today. The bill repeals the Independent Payment Advisory Board (IPAB), a board of 15 unelected bureaucrats giv...
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Sessions, Ryan: President Defying Law Requiring Action On Medicare
March 1, 2012
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“The president is required by law to respond to the Medicare Trustees’ annual warning, and—as a matter of fundamental leadership—is duty-bound to do so. Meanwhile, the Democratic leaders in the Senate refuse to bring a budget plan to the floor for the third straight year. The livelihoods, savings, a...
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Ryan: President’s Budget Ensures Debt Crisis and Decline
February 13, 2012
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WASHINGTON – Earlier today, President Obama introduced his Fiscal Year 2013 budget request, calling for record levels of spending increases, tax hikes, and debt. The President’s budget breaks his promise to cut the deficit in half by the end of his first term, and it breaks his obligation to all Ame...
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Chairman Ryan Praises Passage of Bipartisan Bill to Control Wasteful Spending
February 8, 2012
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WASHINGTON – Earlier today, the U.S. House of Representatives passed H.R. 3521, The Expedited Legislative Line-Item Veto and Rescissions Act. This bipartisan reform was co-authored by House Budget Committee Chairman Paul Ryan (R-WI) and Ranking Member Chris Van Hollen (D-MD). H.R. 3521 – the fourth ...
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Chairman Ryan Applauds Passage of the Budget and Accounting Transparency Act
February 7, 2012
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WASHINGTON – Earlier today, the U.S. House of Representatives passed H.R. 3581, the Budget and Accounting Transparency Act. Authored by Congressman Scott Garrett (R-NJ), the common-sense reform forces the federal government to honestly and transparently account for taxpayer liabilities. Following pa...
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Chairman Ryan Applauds Passage of the Baseline Reform Act
February 3, 2012
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WASHINGTON – This morning, a bipartisan majority in the U.S. House of Representatives passed H.R. 3578, the Baseline Reform Act. Written by Congressman Rob Woodall (R-GA), the Baseline Reform Act removes the automatic increase in the discretionary spending baseline used by Congress and the Administr...
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Chairman Ryan Praises Passage of the Pro-Growth Budgeting Act
February 2, 2012
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WASHINGTON – Earlier today, the U.S. House of Representatives passed H.R. 3582, the Pro-Growth Budgeting Act. Authored by Congressman Tom Price (R-GA), the Pro-Growth Budgeting Act requires the Congressional Budget Office (CBO) to provide lawmakers with a macroeconomic analysis of the economic impac...
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CBO: Four Straight Trillion-Dollar Deficits, Economic Pain Today, Debt Crisis Ahead
January 31, 2012
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Washington – Earlier today, the Congressional Budget Office (CBO) released its annual Budget and Economic Outlook, projecting that the federal government’s budget deficit will exceed $1 trillion for the fourth year in a row. With the national debt on pace to grow to unsustainable levels in the years...
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