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  • Ryan Statement on Ongoing Efforts to Deliver on House GOP Pledge
    Posted in Press Releases on December 31, 2010 | Preview rr

    Washington – Earlier today, incoming House Budget Committee Chairman Paul Ryan issued the following statement in response to concerns raised by House Democrats that the unsustainable spending spree will not continue: “The Federal government’s deep fiscal hole is the result of bipartisan failures over the years. Yet this past year, House Democrats oversaw an unprecedented breakdown in the budget process. After an explosion in spending and two consecutive years of trillion dollar deficits, House D... Read more

  • Looking forward to role righting federal budget
    Posted in Commentary on December 28, 2010 | Preview rr

    Every American family has a budget. Each of us must account for what we spend—for our apartment or home, groceries, utilities, clothes, transportation, medical and child care—and our savings for the future. We have to prioritize—and often this requires difficult trade-offs. But if you spend without priorities, you can quickly find yourself in big trouble, with mounting credit card debt or unpaid bills burdening you and those who depend on you for their livelihood. The federal government needs a ... Read more

  • Ryan Welcomes New Budget Committee Members
    Posted in Press Releases on December 16, 2010 | Preview rr

    Washington – Earlier today, House Budget Committee Chairman-elect Paul Ryan of Wisconsin issued the following statement congratulating the 13 new Republican members selected to serve on the House Budget Committee in the 112th Congress: “The fiscal and economic challenges before us will require policymakers committed to reform and unwavering in their convictions. For this reason, I am excited to welcome an impressive group of new members to the House Budget Committee, each of whom bring considera... Read more

  • The Budget Impact of The Second Continuing Resolution
    Posted in HBC Publications on December 8, 2010 | Preview rr
    Tags: Appropriations

    The second continuing resolution [CR] for fiscal year 2011 is far more than a straight-forward, stop-gap spending bill. It is a sprawling, 423-page measure – with four “divisions” and 10 titles – that includes major policy changes, such as food safety legislation, well beyond the presumed intent to simply keep government agencies funded and running. Thus, the legislation – made necessary because not one of the regular appropriations bills for fiscal year 2011 has been enacted – is just another e... Read more

  • Ryan Statement on Statement on Tax Agreement
    Posted in Press Releases on December 7, 2010 | Preview rr
    Tags: Taxes

    WASHINGTON – In response to a recently announced bipartisan agreement to prevent looming tax increases, House Budget Committee Ranking Member Paul Ryan (WI-01) issued the following statement: “President Obama has acted responsibly in reaching an agreement with Republicans to prevent across-the-board tax increases from hitting American families and job creators. Sound economics appear to have trumped the politics of class warfare. While I prefer a permanent prevention of tax increases to promote ... Read more

  • Opposing view on fiscal reform: Address health care costs
    Posted in Commentary on December 5, 2010 | Preview rr

    The Fiscal Commission has been a success. Due in large part to the leadership of co-chairmen Erskine Bowles and Alan Simpson, the commission's deficit-reduction proposal has launched a critical debate about the biggest problem facing this country: how to get the federal government's fiscal house in order and ensure a growing and prosperous future. Tasked with an extraordinarily difficult challenge, the co-chairmen put forth a serious and credible plan aimed at reducing deficits. Unfortunately, t... Read more

  • Fiscal Commission Statement
    Posted in HBC Publications on December 3, 2010 | Preview rr

    The Fiscal Commission has been a success. Due in large part to the leadership of the Co-Chairmen, Erskine Bowles and Alan Simpson, the Commission helped launch a critically important debate facing this country: how to get the Federal government’s fiscal house in order and ensure a prosperous future for coming generations of Americans. The task was extraordinarily difficult in an equally difficult environment. Despite the obstacles, the Co-Chairman successfully advanced a comprehensive and credib... Read more

  • Expanded Views on Fiscal Commission
    Posted in HBC Publications on December 3, 2010 | Preview rr
    Tags: Entitlements: Health Care / Social Security , Economy / Financial

    President Obama established the National Commission on Fiscal Responsibility and Reform on February 18, 2010 and appointed Erskine Bowles and Alan Simpson to co-chair it. The Commission was charged with “identifying policies to improve the fiscal situation in the medium term and to achieve fiscal sustainability over the long run.” Specifically, the Commission was to propose recommendations for balancing the “primary” budget – excluding interest payments – by 2015, and for improving the governmen... Read more

  • Ryan on Success of Fiscal Commission; Opposition to Co-Chairs’ Proposal
    Posted in Press Releases on December 2, 2010 | Preview rr
    Tags: Entitlements: Health Care / Social Security , Taxes, Economy / Financial

    WASHINGTON – Earlier today, Congressman Paul Ryan stated his intention to vote against the plan proposed by the Co-Chairmen of the Fiscal Commission. With respect to his views on Co-Chairs’ specific proposal and the success of the Fiscal Commission, Congressman Ryan, Ranking Member of the House Budget Committee, issued the following statement: “Regardless of the outcome of Friday's vote, the Fiscal Commission has been a success. Due in large part to the leadership of the Co-Chairmen, Erskine Bow... Read more

  • Refocus The Fed On Price Stability Instead Of Bailing Out Fiscal Policy
    Posted in Commentary on November 30, 2010 | Preview rr
    Tags: Economy / Financial

    The Federal Reserve's recent announcement that it will purchase $600 billion in Treasury securities has ignited a firestorm of criticism, opening a much-needed debate over the central bank's proper role in economic policy decisions. We share the concerns that many economists and policymakers have expressed about the Fed's decision to act. The Fed's recent departures from rules-based monetary policy have increased economic instability and endangered the central bank's independence. It is time for... Read more