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  • The Democratic Pay-Go Legislation
    Posted in HBC Publications on July 22, 2009 | Preview rr

    SUMMARY The Democrats’ pay-as-you-go [pay-go] bill is an attempt to appear fiscally responsible while they push through an explosion of spending, deficits, and debt. But the bill and the process are deeply flawed. Specifically: It is a needlessly complex rewrite of pay-go, not a simple extension. It extends the Democrats’ dismal track record with pay-go. It is riddled with loopholes, and weakened with broad exemptions. It fails to reduce deficits, and fails to address the existing crisis of enti... Read more

  • The House 'Tri-Comm' Bill: An Update
    Posted in HBC Publications on July 20, 2009 | Preview rr

    The updated cost estimate for the Majority’s health care “reform” only clarifies what previous analyses had shown: the proposal creates a new trillion-dollar Federal health entitlement, initiates a takeover of the health care sector, and offers nothing to moderate the “cost curve” that is making health coverage more difficult for Americans to obtain. It is no wonder the Ways and Means Committee plowed through its markup of the bill last Thursday night, before the cost estimate was completed. Thi... Read more

  • The House 'Tri-Comm' Bill
    Posted in HBC Publications on July 16, 2009 | Preview rr

    Even without a complete cost estimate, the House Ways and Means Committee today plowed ahead with its plan to create a huge new health care entitlement and initiate the government takeover of the health care sector. The bill was developed by three committees that have jurisdiction over health care issues, and often is referred to as the tri-committee, or “Tri-Comm,” bill. What is known about the bill demonstrates its potentially devastating effects. Based on preliminary estimates by the Congress... Read more

  • Finacial Services and General Government Appropriations
    Posted in HBC Publications on July 15, 2009 | Preview rr

    The fiscal year 2010 appropriations bill for Financial Services and General Government (H.R. 3170) provides an increase of 6.4 percent in budget authority [BA] over the regular enacted 2009 level as scored. Its $24.2 billion in discretionary BA is $1.5 billion over 2009, but $78 million less than the President’s request. Discretionary outlays from the measure – which provides funding for the Department of the Treasury, the Executive Office of the President, the Judiciary, the District of Columbi... Read more

  • Energy and Water Appropriations
    Posted in HBC Publications on July 14, 2009 | Preview rr

    Following $50.8 billion provided in the American Recovery and Reinvestment Act [ARRA] of 2009 (Public Law 111-5), the fiscal year 2010 Energy and Water appropriations bill provides $33.3 billion in discretionary budget authority [BA] – an increase of $46 million (well less than 1 percent) over the scored non-emergency 2009 enacted level, and $1.1 billion below the President’s request. Outlays in the measure – which funds the Department of Energy, the Bureau of Reclamation, and various independen... Read more

  • Military Construction/Veterans Affairs Appropriations
    Posted in HBC Publications on July 10, 2009 | Preview rr

    The Military Construction and Veterans Affairs Appropriations bill (H.R. 3082) provides $128.6 billion in budget authority [BA] and 128.2 billion in outlays for fiscal year 2010. Of this amount, $77.9 billion is discretionary BA (see Table 1) and $50.7 billion is mandatory spending. The bill as reported reflects a $5-billion increase above the 2009 enacted level. The bill as reported includes $1.4 billion for overseas contingency operations (see Table 2 below); this amount is not treated as emer... Read more

  • State-Foreign Operations Appropriations
    Posted in HBC Publications on July 9, 2009 | Preview rr

    The largest percentage increase among this year’s twelve regular appropriations bills will be considered by the House this week. It is the State-Foreign Operations Appropriations bill (H.R. 3081), which provides $48.8 billion in discretionary budget authority [BA] and $47.5 billion in budget year outlays for diplomatic, foreign aid, and global humanitarian activities. The BA is $12.2 billion, or 33 percent, above the regular 2009 enacted level (including funding previously designated as an emerg... Read more

  • Agriculture Appropriations
    Posted in HBC Publications on July 7, 2009 | Preview rr

    The fiscal year 2010 Agriculture Appropriations bill provides $22.9 billion in regular discretionary budget authority [BA], an amount equal to its 302(b) suballocation. This represents an increase of $2.4 billion, or 11.9 percent, over the regular 2009 enacted (scored) level, but $80 million in BA below the President’s 2010 request. It is the fifth appropriations bill to reach the House floor, and is the first of three expected to be considered this week. As reported to the House, the measure (H... Read more

  • The Costs of 'Cap-and-Trade'
    Posted in HBC Publications on June 26, 2009 | Preview rr

    Hoping to advance the President’s push for a “green” 21st century economy, the House is considering legislation aimed, in part, at limiting greenhouse gas emissions by making fossil energy more expensive. It is far from clear that the measure will do much to correct the phenomenon known as “global warming,” as advertized. But it unquestionably breaks the President’s promise to protect middle-income earners from tax hikes. In addition, it establishes what is effectively a government takeover of 8... Read more

  • Hearing: Statutory PAYGO
    Posted in Speeches and Statements on June 25, 2009 | Preview rr

    First, I want to note that I appreciate any real effort by the Administration and Congress to get a grip on our nation’s mounting fiscal crisis. But when I look at the broader budgetary context that’s developed in the first six months of this Administration, I’m afraid this PAYGO debate is little more than a distraction. The President’s budget will produce record deficits – as far as the eye can see. Deficits never fall below $600 billion, and hit $1.2 trillion by the end of the budget window. A... Read more