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  • CBO Offers Latest Warning on Alarming Budget Deficit and Painful Jobs Deficit
    Posted in Press Releases on August 24, 2011 | Preview rr
    Tags: Economy / Financial

    WASHINGTON – Earlier today, the Congressional Budget Office [CBO] updated its annual Budget and Economic Outlook. CBO projects the federal government's budget deficit to exceed $1 trillion for the third year in a row. Falling far short of the President's promises, the unemployment rate is expected to remain in excess of 8.5% for the next two years. In response to CBO's latest warnings, House Budget Committee Chairman Paul Ryan issued the following statement: “The Congressional Budget Office has ... Read more

  • Ryan Praises Speaker Boehner's Joint Select Committee Choices
    Posted in Press Releases on August 10, 2011 | Preview rr

    House Budget Committee Chairman Paul Ryan made the following statement today praising Speaker John Boehner's choices for the Joint Select Committee on Deficit Reduction and explaining why he asked not to be among them: “The Speaker has chosen three excellent Republican members to serve on this Joint Committee in Chairmen Hensarling, Upton and Camp. I asked the Speaker not to consider me for the Joint Committee, because only the Budget Committee can write legislation to reform the budget process.... Read more

  • Ryan Statement on Passage of Budget Control Act
    Posted in Press Releases on August 1, 2011 | Preview rr
    Tags: Economy / Financial

    House Budget Committee Chairman Paul Ryan issued the following statement after the Budget Control Act of 2011 passed the House of Representatives: “The Budget Control Act represents a victory for those committed to controlling government spending and growing our economy. I applaud Speaker Boehner’s leadership in stopping tax increases on job creators, rejecting President Obama’s demands for a blank check to keep borrowing, and advancing real spending cuts and controls. The agreement – while far... Read more

  • Ryan Statement on Cut, Cap and Balance
    Posted in Press Releases on July 19, 2011 | Preview rr
    Tags: Entitlements: Health Care / Social Security , Taxes, Economy / Financial

    Washington – House Budget Committee Chairman Paul Ryan issued the following statement after H.R. 2560, the Cut, Cap and Balance Act of 2011 passed the House of Representatives. “The House of Representatives continues to advance serious solutions to get our budget on the path to balance and our economy on the path to prosperity. The Cut, Cap and Balance legislation passed today cuts $5.8 trillion in spending over the next decade, locks in those savings with enforceable caps on spending, and forc... Read more

  • Washington’s Borrowing Binge Stifles Job Growth Today
    Posted in Press Releases on July 7, 2011 | Preview rr
    Tags: Economy / Financial

    The House Budget Committee released an economic report today demonstrating that economic hardships have been made worse by Washington’s misguided interventions and the lack of a credible a plan to lift the crushing debt burden. As national unemployment lingers at 9%, Washington’s spending spree has failed to create the jobs it promised, and has significantly hindered hiring and investment. The House Budget Committee report, “The Debt Overhang and the U.S. Jobs Malaise”, cites prominent economist... Read more

  • Sessions and Ryan: Obama Administration Ignores Looming Medicare Bankrupcty
    Posted in Press Releases on June 27, 2011 | Preview rr
    Tags: Entitlements: Health Care / Social Security , Taxes, Economy / Financial

    WASHINGTON — The Obama administration continues to overlook its legal obligation to address Medicare’s growing fiscal imbalance. Instead of offering constructive solutions to avert a looming crisis, the President’s Secretary of Health and Human Services, Kathleen Sebelius, published a new opinion piece containing numerous falsehoods about the Republicans’ plan to save Medicare, while simultaneously defending the President’s decision to do nothing and let an unelected board manage Medicare’s decl... Read more

  • CBO: Debt to Overtake Entire Economy
    Posted in Press Releases on June 22, 2011 | Preview rr
    Tags: Entitlements: Health Care / Social Security , Taxes, Economy / Financial

    WASHINGTON – Earlier today, the Congressional Budget Office [CBO] released a report on the fiscal future of the federal budget. In its latest update of The Long-Term Budget Outlook, the CBO provides an overview of the looming debt crisis, the prospect of which is hindering economic recovery and job creation right now. In response to the dire warning from the CBO, House Budget Committee Chairman Paul Ryan (WI) issued the following statement: “Today the CBO reiterated what the American people kno... Read more

  • Sessions & Ryan Demand President Uphold Obligation To Law And To Seniors
    Posted in Press Releases on June 14, 2011 | Preview rr
    Tags: Entitlements: Health Care / Social Security , Economy / Financial

    WASHINGTON—Earlier today, Alabama Senator Jeff Sessions, Ranking Member of the Senate Budget Committee, and Wisconsin Congressman Paul Ryan, Chairman of the House Budget Committee, sent a letter to President Obama following his Administration’s failure to submit a proposal, as required by law, to address Medicare’s financial insolvency. Ranking Member Sessions stated: “Faced with an approaching debt crisis, the president’s priority should be to meet his legal and financial obligations as the cou... Read more

  • Paul Ryan Challenges Senate Democrats' "Abdication of Leadership"
    Posted in Press Releases on May 25, 2011 | Preview rr
    Tags: Entitlements: Health Care / Social Security , Economy / Financial

    Washington – House Budget Committee Chairman Paul Ryan issued the following statement in response to the Senate Democrats’ refusal to put forward any plan to meet our nation’s greatest fiscal and economic challenges: “I thank Senate Majority Leader Reid for drawing attention to the bipartisan, unanimous repudiation of President Obama’s budget. I thank Senate Budget Committee Chairman Conrad for drawing attention to the fact that it’s been 756 days since Senate Democrats passed a budget. I am dis... Read more

  • The Facts on Medicare and How to Save It
    Posted in Press Releases on May 25, 2011 | Preview rr
    Tags: Entitlements: Health Care / Social Security

    The House Budget Committee released a video today explaining the real danger our growing debt poses to Medicare, and advancing a plan of action to save this critical health-security program. Watch video: http://www.youtube.com/watch?v=DJIC7kEq6kw Chairman Paul Ryan, who appears in the video, issued the following statement on the need for clear facts to counter the false attacks made by those unwilling to work with House Republicans to save Medicare. “We can no longer let politicians in Washingt... Read more