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  • Price Op-Ed in RealClearPolitics: A Healthy Economy For All
    Posted in Commentary on January 23, 2015 | Preview rr
    Tags: Taxes, Economy / Financial

    By Rep. Tom Price - January 23, 2015 - Permalink President Obama calls higher taxes, more bureaucracy and Washington spending “middle class economics.” Yet it’s those economic policies that have created a recovery that’s been particularly lousy for America’s middle class. Wages have stagnated; median income is down and GDP growth is worse than any recovery in the modern era. According to the most recent data available from the Federal Reserve, real median household income for the middle fifth of... Read more

  • Setting the Record Straight
    The Bipartisan Budget Agreement

    Posted in HBC Publications on December 10, 2013 | Preview rr
    Tags: Taxes, Reconciliation, The Bipartisan Budget Act of 2013

    Q: Does this agreement reduce the deficit? A: Yes. This agreement provides for $63 billion in additional discretionary spending in 2014 and 2015—in return for a permanent deficit reduction of $85 billion. On net, this bill reduces the deficit by $23 billion. Q: Is the deficit reduction that significant? A: The House-passed budget cut over $4 trillion in spending and balanced the budget. The Senate-passed budget increased spending by $1 trillion and never balanced. This budget agreement represent... Read more

  • Paul Ryan: Obama's 'grand bargain' for big business
    Posted in Commentary on July 30, 2013 | Preview rr
    Tags: Taxes

    By Chairman Paul Ryan Today, in a speech in Chattanooga, Tenn, President Obama said he's interested in tax reform for corporations -- but not for families or small businesses. Once again, the president is playing favorites. It isn't the first time. He wants to give some businesses relief from ObamaCare. But he refuses to give the same relief to families. He wants to funnel money to his green-energy cronies. But he refuses to let us develop our energy resources and create good-paying jobs. He wan... Read more

  • Ryan: Delay Is a Step Toward Full Repeal
    Posted in Press Releases on July 17, 2013 | Preview rr
    Tags: Entitlements: Health Care / Social Security , Taxes

    WASHINGTON—Today, the House passed H.R. 2668, The Fairness for American Families Act, which delays Obamacare’s individual mandate for one year. The House also passed H.R. 2667, The Authority for Mandate Delay Act, which delays the employer mandate for one year by law. Upon passage of the legislation, House Budget Committee Chairman Paul Ryan of Wisconsin issued the following statement: “Today, we took another step toward the full repeal of Obamacare. And we defended two key principles. First, we... Read more

  • CBO: Spending Is Still the Problem
    Posted in HBC Publications on May 14, 2013 | Preview rr
    Tags: Taxes, Reconciliation

    Moments ago, the Congressional Budget Office (CBO) provided a fresh reminder of Washington’s out-of-control spending. CBO updated its budget outlook with the following deficit and debt estimates: This year’s budget deficit = $642 billion FY2023 budget deficit = $895 billion Total deficits over the next decade = $6.34 trillion Gross federal debt in 2023 = $25.2 trillion What Drives the Debt? According to CBO’s outlook, revenue is projected to grow each and every year. In 2023, CBO predicts the fe... Read more

  • Ryan: The President’s Budget Is a Missed Opportunity
    Posted in Press Releases on April 10, 2013 | Preview rr
    Tags: Entitlements: Health Care / Social Security , Taxes, Economy / Financial

    WASHINGTON—House Budget Committee Chairman Paul Ryan of Wisconsin issued the following statement in response to President Obama’s FY2014 budget proposal: “I’m disappointed by the President’s proposal because it merely ratifies the status quo. It doesn’t break new ground; it goes over old ground: It takes more from families to spend more in Washington. And the White House says they never balance the budget. Instead, it raises taxes by $1.1 trillion. It increases spending by $964 billion. And it ... Read more

  • The President’s Plan Takes More to Spend More
    Posted in HBC Publications on April 10, 2013 | Preview rr
    Tags: Entitlements: Health Care / Social Security , Taxes, Economy / Financial

    Their Budget Never Balances—Ever The House budget balances in ten years, but, like Senate Democrats, the White House says their budget never balances—ever. $8.2 Trillion in New Debt Accounting for the cost of eliminating the sequester and removing the budget gimmicks, net deficit reduction is only $119 billion. Additional deficit increase in FY2013: $61 billion Total U.S. debt in 2023: $25.4 trillion Debt increase per household: $60,980 Interest payments on the debt in 2023: $763 billion Defici... Read more

  • House Budget Committee GOP Releases a Responsible, Balanced Budget
    Posted in Press Releases on March 12, 2013 | Preview rr
    Tags: Entitlements: Health Care / Social Security , Taxes, Economy / Financial , FY 2014 House Budget

    WASHINGTON­—Today, House Budget Committee Chairman Paul Ryan of Wisconsin and Committee Republicans released their plan to balance the budget in ten years. It is a responsible plan to cut spending, reform government, and foster a healthier economy. It provides economic security for families, repairs the safety net for the poor, strengthens retirement for seniors, and expands opportunity for all. Read the Plan Writing in today's Wall Street Journal, Chairman Ryan makes the case that we need to st... Read more

  • The Principle of Prudence and the Conservative Renewal
    Posted in Speeches and Statements on January 26, 2013 | Preview rr
    Tags: Entitlements: Health Care / Social Security , Taxes, Economy / Financial

    Thanks, Rich. I’m happy to see so many friends in the audience. And I’m honored to speak to such distinguished guests. I’d say this is, perhaps, the greatest collection of conservative talent ever gathered in one room—with the possible exception of when William F. Buckley dined alone. I started reading Buckley in college, when one of my economics professors gave me a copy of National Review. And I’ve been reading it ever since. The masthead has changed over the years. When I came to Washington, ... Read more

  • #StopTheTaxHike
    Posted in Press Releases on July 27, 2012 | Preview rr
    Tags: Taxes

    WASHINGTON – Next week, the U.S. House of Representatives will vote to protect all American families and businesses from a massive tax hike in 2013. In advance of next week's vote, House Budget Committee Chairman Paul Ryan of Wisconsin released the following video, making the case for pro-growth tax reform to spur job creation. "We need to reform our tax code, cut our spending, and give families and businesses the certainty that they need to make good decisions so they can prosper and create job... Read more