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President Signs Vital Sequestration Transparency Act Into Law
August 7, 2012
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Washington – Earlier today, President Obama signed into law the Sequestration Transparency Act of 2012. The legislation, which had strong bipartisan support in both the House and the Senate, requires the President to detail how the administration plans to implement the budget sequestration cuts sche...
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Assessing President Obama's Fiscal Record
August 2, 2012
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Early in his Administration, President Obama promised to cut the deficit in half. While he clearly did not keep that promise, he has gone on to assert that his budget achieves $4 trillion in deficit reduction, and recently he claimed, “Since I’ve been President, Federal spending has risen at the low...
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Ryan: House Takes Step Toward Pro-Growth Tax Reform
August 2, 2012
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Washington – Today the U.S. House of Representatives advanced another pro-growth solution by passing The Pathway to Job Creation Through a Simpler, Fairer Tax Code Act. Following yesterday’s decisive vote to stop the President’s looming tax increases, today’s legislation provides for expedited consi...
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RYAN STATEMENT ON HOUSE VOTE TO PREVENT LOOMING TAX HIKES
August 1, 2012
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Washington – Earlier today, the U.S. House of Representatives passed legislation to prevent an across-the-board tax increase on families and job creators, set to take effect in January 2013. The legislation comes on the heels of analyses that the President’s proposed tax increases would adversely im...
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#StopTheTaxHike
July 27, 2012
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WASHINGTON – Next week, the U.S. House of Representatives will vote to protect all American families and businesses from a massive tax hike in 2013. In advance of next week's vote, House Budget Committee Chairman Paul Ryan of Wisconsin released the following video, making the case for pro-growth tax...
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Failed Economic and Fiscal Policies Lead to Another Trillion Dollar Deficit
July 27, 2012
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WASHINGTON – On a late Friday afternoon, the Office of Management and Budget released its Fiscal Year 2013 Midsession Budget Review. The report projects that the federal government will run a budget deficit in excess of one trillion dollars for the fourth consecutive year. Consistent with an alarmin...
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Ryan Statement on Senate Passage of the Sequestration Transparency Act
July 25, 2012
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WASHINGTON - Earlier today, the United States Senate passed the Sequestration Transparency Act of 2012. The legislation was passed by the House of Representatives earlier this month. The Sequestration Transparency Act requires President Obama to detail how the administration plans to implement the b...
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President's Health Care Law Remains A Fiscal Train Wreck
July 24, 2012
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Washington – Today, the Congressional Budget Office released its latest report on the cost and coverage estimates of the Affordable Care Act after last month’s Supreme Court decision. Upon the release of CBO’s report, House Budget Committee Chairman Paul Ryan of Wisconsin released the following stat...
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Paul Ryan: Taxpayers and the Troops Deserve Answers from the President
July 18, 2012
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WASHINGTON – Today, the House of Representatives voted 414-2 to pass on a bipartisan basis H.R. 5872, the Sequestration Transparency Act of 2012. The Sequestration Transparency Act requires President Obama to detail how the administration plans to implement the budget sequestration cuts scheduled to...
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Department of Defense Appropriations Bill
July 18, 2012
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The Department of Defense Appropriations bill provides $519.22 billion in discretionary budget authority for the base operations of the Department and $88.48 billion for the conduct of the global war on terrorism. Additionally there is $514 million in appropriated entitlement spending for the CIA Re...
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