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Ryan: No More Empty Promises
March 16, 2011
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In a particularly painful-to-watch moment from The Office, Michael Scott (the hopelessly inept boss played by Steve Carell) must tell an entire class of graduating high-school seniors that he will not be able pay their college tuition — having publicly pledged to do so years earlier in a quixotic fi...
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Budget concerns from a business owner’s perspective
February 17, 2011
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As a business owner for almost 30 years, I spent my day pinching pennies until they turned into nickels. I understand the responsibility that goes into signing the front of a check, balancing a budget and making tough decisions on where to cut, where to save and where to grow. Sadly, our congression...
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Robbing the future
February 16, 2011
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The message the American people continue to receive from President Obama and the Democrats is that more spending, taxing and borrowing are the only ways to grow our economy and create jobs. Yet after two years, our country still suffers with historic unemployment and the highest debt in U.S. history...
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A lesson in "math and economics" from Secretary Geithner
February 16, 2011
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At the House Budget Committee, Treasury Secretary Tim Geithner was pressed on President Obama’s claim that a budget that adds $13 trillion to the debt “will not be adding more to the national debt.” House Budget Committee freshman Rep. Reid Ribble asked a simple question of the Treasury Secretary: D...
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President Obama's budget kicks the hard choices further down the road
February 15, 2011
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THE PRESIDENT PUNTED. Having been given the chance, the cover and the push by the fiscal commission he created to take bold steps to raise revenue and curb entitlement spending, President Obama, in his fiscal 2012 budget proposal, chose instead to duck. To duck, and to mask some of the ducking with ...
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Obama's Budget ducks tough choices
February 14, 2011
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President Obama likes to talk about those "Sputnik moments" when the nation rises to difficult challenges like the one posed by the Soviet space program in the 1950s. On Monday, he had a chance to turn his federal budget proposal into his own such moment. He whiffed. Obama and his aides boasted that...
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Republican freshman: Obama budget is a 'joke'
February 14, 2011
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Some Republicans are playing President Barack Obama’s budget as an opportunity missed. The GOP freshmen — sent to Washington to shake things up — are putting it a little more bluntly. “Let me see if I can say this as politically correctly as I can,” Mick Mulvaney, a freshman from South Carolina who ...
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Congress must embrace budget challenges
February 14, 2011
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Today, President Obama submitted his budget proposal for FY2012. Now, the American people will be able to see just how serious Mr. Obama is about getting our federal spending under control. From what I can see, we have a long way to go. As a Member of the Budget Committee, my colleagues and I welcom...
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Budget Committee Hearing Highlights
February 9, 2011
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WASHINGTON – The House Budget Committee held a hearing today on the state of the U.S. economy. Federal Reserve Chairman Ben Bernanke testified that spending controls and long-term reforms could provide an immediate boost to economic growth and job creation. Chairman Paul Ryan asked Bernanke to sum u...
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Budget Committee Hearing Highlights
January 26, 2011
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House Budget Committee Witnesses Testify on the Law’s True Budgetary Impact WASHINGTON – The House Budget Committee held a hearing today on the fiscal impact of the Democrats’ new health care law. Key witnesses, including the Obama Administration’s own non-partisan actuary for Medicare, testified th...
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