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  • Ryan Opening Statement: Budget-Conference Committee
    Posted in Speeches and Statements on October 30, 2013 | Preview rr
    Tags: FY 2014 House Budget

    Before I recognize Chairman Murray, I want to share a few thoughts. You’ll notice there are three senators for every congressman—so it’s an even match. I like to think quality beats quantity. But in all seriousness, we’ve got some important work ahead of us. And it’s not going to be easy. So today, I want to talk about why we’re here and what we need to do. We’re here because we want to get an agreement. We want to get something done. For too long, both parties have ignored our growing national ... Read more

  • Ryan Opening Statement: CBO's Long-Term Budget Outlook
    Posted in Speeches and Statements on September 26, 2013 | Preview rr

    Thanks, everybody—and welcome. It’s good to see our friend, Director Elmendorf, once again. I want to thank him and his staff for putting together this report. We appreciate your hard work. And we’ll put it to good use—because, as I read it, your report makes one thing clear: We haven’t solved the problem. We’re still spending too much money. Just look at the numbers. Our total debt is bigger than our economy. And according to your report, our publicly held debt—as a share of our economy—“is hig... Read more

  • Ryan Opening Statement: The War on Poverty: A Progress Report
    Posted in Speeches and Statements on July 31, 2013 | Preview rr
    Tags: Entitlements: Health Care / Social Security

    Well, good afternoon, everybody. Forty-nine years ago, Lyndon Johnson declared war on poverty. In 1964, he said, “We have declared unconditional war on poverty. Our objective is total victory.” Later that year, he added, “I believe that thirty years from now Americans will look back upon these 1960s as the time of the great American Breakthrough . . . the victory of prosperity over poverty.” Since then, we’ve spent over $15 trillion in that war. So what do we have to show for it? Well, today 46 ... Read more

  • House Budget Committee Hearing: America’s Energy Revolution: A New Path to Jobs and Economic Growth
    Posted in Speeches and Statements on June 26, 2013 | Preview rr
    Tags: Energy

    Good morning, everybody. To start, I want to thank our witnesses: Marty Durbin, John Larson, and Dan Weiss. We’re happy to have you. And we look forward to your testimony. Energy isn’t a big part of the federal budget. But it’s a huge part of the family budget. We feel the pinch every time we fill up a tank of gas. The fact is, energy is critical to our economy. We can’t get out of this fiscal mess without economic growth. And energy production fuels economic growth. It creates jobs. It increas... Read more

  • House Budget Committee Markup: Budget-Process-Reform Bills
    Posted in Speeches and Statements on June 19, 2013 | Preview rr
    Tags: Economy / Financial , Budget Process Reform

    Welcome, everybody. I want to start by thanking the members of this committee—especially Vice Chairman Price and Congressman Woodall. They wrote the bills we’re considering today: the Baseline Reform Act and the Pro-Growth Budgeting Act. They may sound a little technical. But the idea behind them is pretty simple. There’s a bias toward spending money in Washington. It’s built into the very tools we use to write our laws. These bills would remove that bias. And they have my full support. Let’s t... Read more

  • House Budget Committee Hearing: The Department of Defense and the Fiscal Year 2014 Budget
    Posted in Speeches and Statements on June 12, 2013 | Preview rr
    Tags: Defense, FY 2014 House Budget

    Welcome, everybody. I want to start by thanking our distinguished witnesses: Secretary Hagel, General Dempsey, and Secretary Hale. Each of you has served our country—both in the military and in government. And we thank you for your service. The first duty of government is to keep us safe. And to keep us safe, our strategy should drive our budget. But under this administration, the budget is driving the strategy. Last year, Secretary Panetta made a budget request he said was the minimum necessar... Read more

  • House Budget Committee Hearing: State of the Highway Trust Fund: Long-Term Solutions for Solvency
    Posted in Speeches and Statements on April 24, 2013 | Preview rr
    Tags: Transportation

    "Welcome, everybody. I want to thank our witnesses for agreeing to testify. We appreciate your taking the time to share your expertise. "Infrastructure is an important part of our economy. Government plays a role in our public infrastructure—our highways, our roads, our bridges. But the federal government is neglecting this responsibility. It’s spending record levels of taxpayer dollars. And it’s not spending them wisely. In fact, it recently abandoned a key principle: that we limit highway spe... Read more

  • Ryan Opening Statement: House Budget Committee Hearing with Treasury Secretary Lew
    Posted in Speeches and Statements on April 16, 2013 | Preview rr
    Tags: Economy / Financial

    "Welcome, everybody. To start, I want to thank Secretary Lew. Mr. Secretary, I want you to know that despite our disagreements, we appreciate your taking the time to join us today. "Well, yesterday was Tax Day. And tax season was a lot more stressful than it should have been. Our tax code is a Rubik’s Cube that Americans spend 6 billion hours each year trying to crack. Today, the code is about 4 million words long—enough to fill 70,000 pages. In fact, it’s so long that roughly 90 percent of Ame... Read more

  • House Budget Committee Hearing on the President’s FY2014 Budget
    Posted in Speeches and Statements on April 11, 2013 | Preview rr

    Welcome, everybody. Well, this budget may be two months late, but I want to thank Mr. Zients for coming to testify. That said, I’m disappointed by the President’s proposal—because it’s a status quo budget. It doesn’t break any new ground; it just goes over old ground. It raises taxes by $1.1 trillion. It increases spending by nearly $1 trillion. And it adds $8.2 trillion to our debt. In short, it takes more from families to spend more in Washington. The President says his policies would cut the ... Read more

  • House Budget Committee Hearing: The Congressional Budget Office’s Budget and Economic Outlook
    Posted in Speeches and Statements on February 13, 2013 | Preview rr
    Tags: Economy / Financial

    Welcome, everyone, to today’s hearing. Thanks to Dr. Elmendorf for coming to testify. And thanks to your staff for putting together the latest Budget and Economic Outlook. I’m sorry to say: Things don’t look good. The CBO says our economy will grow by only 1.4 percent this year. Unemployment will hover around 8 percent. And we will add another trillion dollars to our debt. Farther down the road, things get worse. The CBO says we will add $10 trillion to our total debt by the end of the budget wi... Read more