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  • House Budget Committee Hearing: The State of the U.S. Economy
    February 2, 2012 - Thank you, Chairman Bernanke, for coming before our Committee today to talk about the state of the economy. Nothing is more critical to today’s economy than restoring real job and business growth. Yet for almost three years, the U.S. economy has remained mired in a slow-growth, high-unemployment tr... More
  • House Budget Committee Hearing: CBO’s Budget and Economic Outlook
    February 1, 2012 - Welcome all to this important hearing on the difficult fiscal and economic challenges before us. I welcome Congressional Budget Office Director Doug Elmendorf to the Budget Committee. I thank you Doug and your entire CBO staff for their hard work on the release of the annual Budget and Economic Outl... More
  • 1,000 Days of Empty Rhetoric and Broken Promises
    January 24, 2012 - We welcome the President to the House chamber tonight, where he will address the American people to assess the State of the Union. This presents another opportunity for the President to chart a new course. I hope the President takes this opportunity to stop offering empty rhetoric and broken promis... More
  • Mark-Up for Budget Process Reform Legislation
    January 24, 2012 - The purpose of today’s meeting is to mark up legislation aimed at reforming the federal budget process. There is no question that the budget process is broken. Washington stumbles from budget crisis to budget crisis, with little to no oversight of how government spends hardworking taxpayers’ money. ... More
  • Mark-up for the Expedited Line-Item Veto and Rescissions Act of 2011
    December 15, 2011 - The purpose of today’s meeting is to mark up the Expedited Line-Item Veto and Rescissions Act of 2011. I am proud to be here today marking up legislation that was written in a bipartisan way with my counterpart on this committee, the Ranking Member, Chris Van Hollen. Chris, I want to thank you and y... More
  • Expedited Line-Item Veto and Rescissions Act of 2011
    November 30, 2011 - Mr. Speaker, I rise today to introduce the "Expedited Line-Item Veto and Rescissions Act of 2011" along with my friend and colleague House Budget Committee Ranking Member Chris Van Hollen of Maryland. The fiscal and economic challenges facing our nation are immense. In addition to the alarming budge... More
  • “Our Churchillian Moment”
    November 12, 2011 - I feel honored tonight for a special reason. Twenty-one years ago my mentor, the late Jack Kemp, was given the very first of these awards. And he loved receiving it. He loved to quote “Sir Winston,” along with his other political heroes, Abraham Lincoln and Thomas Jefferson. He admired these men be... More
  • Saving the American Idea: Rejecting Fear, Envy and the Politics of Division
    October 26, 2011 - Thank you so much, Ed, for that kind introduction. We’re here today to explore the American Idea, and I can’t think of a better venue for this topic. The mission of the Heritage Foundation is to promote the principles of free enterprise, limited government, individual freedom, traditional American ... More
  • The Optimist’s Guide to Repeal and Replace
    September 27, 2011 - Thank you very much for that introduction. It was kind of you to invite me – and not hold it against me that I steal so many ideas from you guys. It’s true. I steal monetary policy ideas from John Taylor, rule-of-law stuff from Richard Epstein… I even tried to steal some wit and humor from Peter Ro... More
  • The Broken Budget Process: Perspectives from Former CBO Directors
    September 21, 2011 - Welcome all, to this hearing. The purpose of today’s hearing is to highlight the need to reform our broken budget process. This summer, we got a first-hand look at how bad things have gotten. After a request from the President to increase the debt limit, Congress was seemingly faced with two impossi... More

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