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Paul Ryan: President's Health Care Law is Bad Policy and Must be Repealed
July 11, 2012
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WASHINGTON – Earlier today, the House of Representatives voted on a bipartisan basis to repeal the president’s health care law. Following the repeal vote, House Budget Committee Chairman Paul Ryan issued the following statement: “Despite the Supreme Court upholding much of the health care law, it is...
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Milwaukee Journal-Sentinel: Time to Stop and Smell the Government
July 10, 2012
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By Christian Schneider One of the most common complaints about government is that it simply runs too slow. Partisan bickering and gridlock hold up helpful bills in Congress. Bureaucrats shuffle papers around, leaving permits and financial aid checks unfulfilled. By the time you reach the front of th...
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Ryan: The Case for Repeal and Replace Grows Stronger
June 28, 2012
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WASHINGTON – Earlier today, the Supreme Court of the United States delivered a disappointing ruling in Florida v. the United States Department of Health and Human Services, affirming that the federal mandate to purchase government-approved health insurance imposes a tax on the American people. In th...
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Transportation, Housing and Urban Development Appropriations Bill
June 27, 2012
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The Transportation, Housing and Urban Development bill provides $51.6 billion in discretionary budget authority for fiscal year 2013, a 7% decrease from 2012 levels and 3.5% below the President’s request. The legislation includes funding for the Department of Transportation, Department of Housing an...
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House Budget Committee Mark Up: The Sequestration Transparency Act of 2012
June 27, 2012
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Welcome all to the House Budget Committee. We meet today to mark up the Sequestration Transparency Act of 2012, a bill to require the Office of Management and Budget to provide information on how it will implement across-the-board cuts that are scheduled to take effect on January 2, 2013. Under the ...
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America’s Defining Challenge: Will we leave the next generation with more opportunity?
June 8, 2012
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In March, CBO did an economic analysis of the House Republican budget – the Path to Prosperity (P2P). That analysis showed that the P2P would increase the economy’s total output (as measured by GNP), relative to the baseline scenario, by as much as 1 percent in 2030, 3 percent in 2040 and a full 6 ...
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Legislative Branch Appropriations Bill
June 8, 2012
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The House Legislative Branch appropriations bill provides $3.3 billion in discretionary budget authority. By longstanding convention, the House bill includes only funding for legislative branch agencies (e.g. GAO, CBO, and the Library of Congress), joint congressional activities (e.g. the Joint Comm...
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The Facts on President Obama’s Budget Record
June 7, 2012
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Despite a promise to cut the deficit in half by the end of his first term, the President has run annual deficits in excess of $1 trillion for four years in a row. Since the President took office, annual government spending has increased by 25%, with the federal government spending $3.6 trillion thi...
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Correcting Distortions and Myths on Tax Relief and Deficits
June 7, 2012
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Fueled by the unsustainable growth in government spending, the federal government’s budget deficits have increased sharply in recent years, eclipsing the $1 trillion mark the past three years and are on track to do so for a fourth. Gross public debt has already surpassed the size of the entire U.S. ...
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Homeland Security Appropriations Bill
June 6, 2012
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The proposed fiscal year 2013 Department of Homeland Security appropriations bill (H.R. 5855) provides $39.1 billion in discretionary budget authority [BA]. The BA figure is $485 million or 1.2 percent, below fiscal year 2012 enacted levels and $395 million or 1 percent below the President’s request...
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