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  • 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

  • The Congressional Budget Office's Long-Term Budget Outlook
    Posted in Speeches and Statements on June 23, 2011 | Preview rr
    Tags: Entitlements: Health Care / Social Security , Taxes, Economy / Financial

    ; Welcome all, to this important hearing. The purpose of today’s hearing is to discuss what can be done to avoid a debt-fueled economic collapse in this country. Our witness today is Doug Elmendorf, director of the Congressional Budget Office. I thank you Doug for your professionalism and hard work at the CBO, and for appearing before this committee today. Yesterday, the CBO released its Long-Term Budget Outlook. This report throws harsh light on the challenges we face, and sounds an alarm that ... 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

  • House Budget Committee Hearing: Fannie Mae, Freddie Mac & FHA: Taxpayer Exposure in the Housing Markets
    Posted in Speeches and Statements on June 2, 2011 | Preview rr
    Tags: Economy / Financial

    Welcome all, to this important hearing. The purpose of today’s hearing is to highlight the true costs and risks posed to taxpayers by the government’s ongoing bailout of Fannie Mae and Freddie Mac. It also seeks to shed light on the hidden costs of the mortgage insurance program run by the Federal Housing Administration. This is a complex subject, but it is a critically important issue. The federal takeover of Fannie and Freddie is the most costly taxpayer bailout to result from the 2008 financi... Read more

  • Stop the Raid; Repeal the Rationing Board; Save Medicare
    Posted in Speeches and Statements on June 1, 2011 | Preview rr
    Tags: Appropriations, Entitlements: Health Care / Social Security

    Watch Ryan's Remarks I understand why this might be confusing to my friends on the other side of the aisle. After all they didn’t bother to pass a budget last year. Our friends on the other side of the rotunda in the Senate didn’t bother to pass a budget this year. We have a budget crisis. We’ve got a $1.5 trillion deficit. We’ve got a debt that is getting out of our control. And what do you do when you have a problem like that? You pass a budget. We passed a budget. And we are acknowledging an... Read more

  • Highlights from Paul Ryan’s Address to The Economic Club of Chicago
    Posted in Speeches and Statements on May 16, 2011 | Preview rr
    Tags: Entitlements: Health Care / Social Security , Taxes, Economy / Financial

    RYAN HIGHLIGHTS THE BUDGET DEBATE’S MISSING INGREDIENT – ECONOMIC GROWTH “…[M]any in Washington – including the President – are really arguing over who to hurt and how best to manage the decline of our nation. It is a framework that accepts ever-higher taxes and bureaucratically rationed health care as givens. I call it the shared scarcity mentality. The missing ingredient is economic growth… [Our plan] aims to do two things: to put our budget on a path to balance, and to put our economy on a p... Read more

  • Shared Scarcity versus Renewed Prosperity
    Posted in Speeches and Statements on May 16, 2011 | Preview rr
    Tags: Entitlements: Health Care / Social Security , Taxes, Economy / Financial

    Thank you so much, Anne, for the kind introduction. I want to thank you all for inviting me to speak. It was especially gracious of you to host me, even though I’m a Packers fan and I assume most of you are Bears fans. But that doesn’t mean we can’t work together. As chairman of the House Budget Committee, I stand ready to do whatever it takes to help you re-sign Jay Cutler. I’m here to talk about the economy today – about the need to get four quarters of strong, consistent performance. That wa... Read more

  • The Case for Real Security and a Path to Prosperity
    Posted in Speeches and Statements on April 5, 2011 | Preview rr
    Tags: Entitlements: Health Care / Social Security , Taxes, Economy / Financial

    Thank you Arthur, and thank you all for being here today. You know, the budget debates that are raging now in state capitals and here in Washington – especially the one we’re having now in Congress – seem a little disconnected from reality. The news stories are full of phrases like “continuing resolutions” or “baseline levels.” The numbers are in the millions or billions. The scorecard is about political posturing and partisan edge. The debate is stale. The debate is distracting. The debate nee... Read more

  • House Budget Committee Hearing: Fulfilling the Mission of Health and Retirement Security
    Posted in Speeches and Statements on March 17, 2011 | Preview rr
    Tags: Entitlements: Health Care / Social Security , Economy / Financial

    Welcome all, to this important hearing on the future of our country. Medicare, Medicaid, and Social Security provide health and retirement security for millions of Americans. The principal aim of this hearing is to make clear that trying to “protect” the government’s major entitlement programs by maintaining the status quo is, in fact, the surest way to destroy them. Medicare, Medicaid, and Social Security are growing at unsustainable rates, building up trillions of dollars in debt and unfunded ... Read more

  • House Budget Committee Hearing: Lifting the Crushing Burden of Debt
    Posted in Speeches and Statements on March 10, 2011 | Preview rr
    Tags: Economy / Financial

    Welcome all, to this important hearing on the future of our country. We here in Congress have our differences over how to solve our most urgent fiscal challenges. But I don’t think there is any serious debate over the urgency of these challenges. I doubt anyone here would dispute the fact that, if we fail to act, we are inviting a debt crisis with potentially catastrophic consequences. Those seeking to cling to our unsustainable status quo are, quite frankly, putting us at the greatest risk. Ers... Read more