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Shared Scarcity versus Renewed Prosperity
May 16, 2011
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Thank you so much, Anne, for the kind introduction. I want to thank you all for inviting me to speak. It was especially gracious of you to host me, even though I’m a Packers fan and I assume most of you are Bears fans. But that doesn’t mean we can’t work together. As chairman of the House Budget Co...
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The Case for Real Security and a Path to Prosperity
April 5, 2011
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Thank you Arthur, and thank you all for being here today. You know, the budget debates that are raging now in state capitals and here in Washington – especially the one we’re having now in Congress – seem a little disconnected from reality. The news stories are full of phrases like “continuing reso...
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House Budget Committee Hearing: Fulfilling the Mission of Health and Retirement Security
March 17, 2011
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Welcome all, to this important hearing on the future of our country. Medicare, Medicaid, and Social Security provide health and retirement security for millions of Americans. The principal aim of this hearing is to make clear that trying to “protect” the government’s major entitlement programs by ma...
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House Budget Committee Hearing: Lifting the Crushing Burden of Debt
March 10, 2011
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Welcome all, to this important hearing on the future of our country. We here in Congress have our differences over how to solve our most urgent fiscal challenges. But I don’t think there is any serious debate over the urgency of these challenges. I doubt anyone here would dispute the fact that, if w...
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Department of the Treasury Fiscal Year 2012 Budget
February 16, 2011
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Thank you, Secretary Geithner, for coming before our Committee today to discuss the President’s budget. The President has disappointed us by presenting us with another budget that spends too much, borrows too much and taxes too much. It is a budget that will stifle job growth today and leave a dimin...
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House Budget Committee Hearing: The President's Fiscal Year 2012 Budget
February 15, 2011
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Director Lew, welcome back. The President is fortunate that you agreed to a return assignment to OMB under a darkening fiscal outlook. We are aware of the challenges you faced in putting this budget together, and we thank you for your hard work. The Budget of the United States is about much more th...
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House Budget Committee Hearing: CBO’s Budget & Economic Outlook
February 10, 2011
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Thank you, Dr. Elmendorf, for coming before our Committee today to talk about the CBO’s Budget and Economic Outlook. Your testimony and this latest report remind us that, between June of 2009, when the recession technically ended, and last December, payroll employment rose by a mere 6 one hundredths...
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House Budget Committee Hearing: The State of the U.S. Economy
February 9, 2011
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Before we begin, I want to welcome Rep. Bob Woodall from Georgia to the House Budget Committee. He will be officially on board this afternoon after the adoption of the House resolution. I ask unanimous consent that Rep. Woodall be permitted to participate in this morning's important hearing. Withou...
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Opening Statement on the Fiscal Consequences of the Health Care Law
January 26, 2011
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Welcome all, to the first House Budget Committee hearing of the 112th Congress. Before we get started, I want to thank Ranking Minority Member Chris Van Hollen for his cooperation in getting the Committee rules adopted and with this hearing. Also, for starting a little early, so we can get a head s...
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House Budget Committee Chairman Paul Ryan Delivers Republican Address to the Nation
January 25, 2011
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WASHINGTON – In the Republican Address to the Nation this evening, House Budget Committee Chairman Paul Ryan of Wisconsin underscored the urgent need to stop the out-of-control spending binge that is both making it harder to create jobs today and jeopardizing the financial security of future generat...
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