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  • Military-Crippling Sequester Must Be Stopped
    Posted in Commentary on May 9, 2012 | Preview rr
    Tags: Economy / Financial , Defense

    Last year, as the federal government approached a limit on how much it could legally borrow, the Obama administration asked Congress to rubber-stamp an increase in the government's borrowing authority without any spending cuts to match. When House Republicans made clear that any increase in the debt limit must be accompanied by an even greater amount of spending reduction, the President insisted that he would not accept a debt-limit deal that did not include large tax increases on American famil... Read more

  • House Budget Committee Hearing: The Department of Defense and the FY13 Budget
    Posted in Speeches and Statements on February 29, 2012 | Preview rr
    Tags: Economy / Financial , Defense

    Welcome all to today’s hearing to examine the President’s budget request for the Department of Defense, and to explore how the federal government can meet its highest priority: providing for the common defense and strengthening our national security. I want to begin by welcoming Leon Panetta back to the committee. In addition to his demonstrated experience in national security, Secretary Panetta has an extraordinary background in federal budgeting, including service as Chairman of this committee... Read more

  • Ryan Statement on Joint Committee’s Missed Opportunity
    Posted in Press Releases on November 21, 2011 | Preview rr
    Tags: Entitlements: Health Care / Social Security , Economy / Financial , Defense

    WASHINGTON – House Budget Committee Chairman Paul Ryan of Wisconsin released the following statement with respect to the Joint Select Committee on Deficit Reduction: “I commend my colleagues for their efforts to find common ground in dealing with the drivers of our debt and advancing pro-growth reforms aimed to help create jobs. Despite their efforts, it is disappointing that the Joint Committee missed an opportunity to tackle our most pressing fiscal and economic challenges. Unfortunately, Demo... Read more

  • A Trillion-Dollar Gimmick
    Posted in HBC Publications on July 25, 2011 | Preview rr
    Tags: Economy / Financial , Defense

    “Why, one wonders, not ‘save’ $5 trillion by proposing to spend that amount to cover the moon with yogurt and then cancelling the proposal?” -George Will, Washington Post, March 12, 2009 Claim 1: “Winding down the wars in Iraq and Afghanistan will save $1 trillion.” Reality: The Reid plan relies on the inaccurate assumption that surge-level spending in Iraq and Afghanistan is scheduled to continue over the next decade. An honest budget cannot claim to save taxpayers’ dollars by cutting spending... Read more

  • Budgeting for America’s National Security
    Posted in Speeches and Statements on July 7, 2011 | Preview rr
    Tags: Defense

    Welcome all to today’s hearing on the strategic choices we face in budgeting for our national security. I want to thank my colleague Mr. Van Hollen for requesting this hearing. We may differ over the appropriate level of defense spending, but we stand united in our commitment to America’s security and a strategy-based debate when it comes to funding our military. Indiscriminate cuts in defense spending that are budget-driven and not strategy-driven are dangerous to Americans here at home and to ... Read more

  • Department of Defense Appropriations Bill
    Posted in Appropriations Updates on June 23, 2011 | Preview rr
    Tags: Appropriations, Defense

    The Department of Defense Appropriations bill provides $649.2 billion in discretionary and mandatory budget authority for fiscal year 2012. Discretionary BA totals $648.7 billion – $530.0 billion for the normal operations of the Department and $118.7 billion for the conduct of the global war on terrorism. Additionally there is $514 million in appropriated entitlement spending for the CIA Retirement and Disability fund. The funding in the bill is 3 percent above FY 2011 levels, but two percent b... Read more

  • Lifting the Debt, Rejecting Decline and Securing America’s Leadership
    Posted in Speeches and Statements on June 2, 2011 | Preview rr
    Tags: Entitlements: Health Care / Social Security , Economy / Financial , Defense

    Thank you so much, Rich, for the kind introduction. Some of you might be wondering why the House Budget Committee chairman is standing here addressing a room full of national security experts about American foreign policy. What can I tell you that you don’t already know? The short answer is, not much. But if there’s one thing I could say with complete confidence about American foreign policy, it is this: Our fiscal policy and our foreign policy are on a collision course; and if we fail to put o... Read more

  • Hearing: Department of Defense Fiscal Year 2010 Budget
    Posted in Speeches and Statements on March 18, 2009 | Preview rr
    Tags: Defense

    Thank Chairman Spratt. I’d also like to welcome our witness, Mr. Hale, who’s had a long and distinguished career working with the Defense budget – both at CBO, and as the Comptroller of the Air Force. I look forward to your testimony. The Defense Department is our largest discretionary expenditure, and has seen robust growth over the last decade. This growth is understandable – and in my opinion, justified – by the fact we were attacked on September 11th. But I am concerned that the President’s ... Read more