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  • The Path to Prosperity Builds on the Success of the Fiscal Commission
    April 12, 2011 - Fiscal Commission Co-Chair Erskine Bowles: President Obama’s Budget goes “nowhere near where they will have to go to resolve our fiscal nightmare” (February 14, 2011 - http://www.washingtonpost.com/wp-dyn/content/article/2011/02/13/AR2011021302969.html) Fiscal Commission Co-Chairs Erskine Bowles and... More
  • More Spending, Taxes, and Debt
    February 15, 2011 - Having repeatedly acknowledged the gravity of the Federal Government’s fiscal outlook, the President seems to have ignored his own rhetoric: he has submitted a budget that extends a pattern of record spending, chased by ever high taxes that still fail to catch up with his ambitions. His budget makes... More
  • The President's Budget Spends, Taxes, and Borrows Too Much - Stifling Job Growth Today and Threatening our Economic Future
    February 14, 2011 - In challenging times, a chief executive must lead. But President Obama has failed to confront the fiscal and economic challenges before us. Instead, he continues down the same unsustainable path: growing the government, weakening the economy, and increasing the burden of debt on each and every Ameri... More
  • Fact Sheet: Interim Spending and Revenue Committee Allocations and Budget Aggregates
    February 11, 2011 - Pursuant to House Rules H.Res. 5 and H. Res. 38, the Budget Committee Chairman will file today interim committee allocations and budget aggregates to set levels for budget authority (BA), outlays and revenues for FY 2011 and for the 5-year period covering FY 2011 – FY 2015. As previously announced,... More
  • The Democrats’ Spending Spree
    February 3, 2011 - Since he took office in January of 2009, President Obama has signed into law a massive spending spree that not only failed to deliver on its promise to create jobs, but also plunged us deeper into debt. The onslaught of new spending was primarily focused on special-interest spending for domestic gov... More
  • Fact Sheet: The Fiscal Year 2011 Discretionary Spending Allocation to the Appropriations Committee
    February 3, 2011 - Pursuant to House Rules H.Res. 5 and spending reduction resolution H.Res. 38, the Budget Committee Chairman will file an allocation to set 2011 discretionary budget authority (BA) at $1,055 billion, which will produce savings of $74 billion compared to the President’s request.. Non-security discret... More
  • Deficit Projection Nears $1.5 Trillion for Fiscal Year 2011
    January 26, 2011 - In the wake of a Democratic Congress’s failure to produce a budget last year, the 112th Congress continues to face deficits approaching $1.5 trillion this year and exceeding $1 trillion next year, according to estimates released today by the Congressional Budget Office [CBO]. Beyond the near term, C... More
  • House Republicans’ Spending Reduction Resolution
    January 25, 2011 - H.Res. 38 would direct the Budget Committee Chairman to set a limit to bring non-security discretionary spending back to the pre-stimulus, pre-bail-out 2008 levels. Because a Democratic Congress failed to produce, or even propose, a budget for this year, Congress is operating without a budget. No b... More
  • Setting the Record Straight
    January 6, 2011 - Our dispute is not with the hard-working, non-partisan professionals at the Congressional Budget Office. CBO scores what is put in front of them – and what Democrats put in front of them last year was legislation packed with smoke and mirrors to hide the impact of trillions of dollars in new spendin... More
  • House Rule and Interim Budget Enforcement
    January 3, 2011 - Brief Description. The House Rules package gives the Budget Committee chairman interim authority that only applies to the FY 2011 budget to file committee allocations and budget aggregates that would serve as the budget until Congress adopts a new budget. These allocations and aggregates would be e... More

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