News
December 12, 2024
Yesterday, House Budget Committee Chairman Jodey Arrington (R-TX) and members of the Committee held a hearing entitled “Sounding the Alarm: Pathways and Possible Solutions to the U.S. Fiscal Crisis” to examine the sweeping implications of our nation’s $36 trillion dollar national debt while exploring reform proposals designed to combat a looming U.S. fiscal crisis. Find some key moments from the hearing below: Chairman Jodey Arrington (R-TX): Click HERE to watch Chairman Arrington’s remarks… Continue Reading
December 11, 2024Today, the House of Representatives favorably advanced House Budget Committee legislation, H.R. 9716, the Increasing Baseline Updates Act, sponsored by Rep. Blake Moore (R-UT) to the Senate by a recorded vote of 407-0. H.R. 9716 passed the House Budget Committee unanimously by a bipartisan vote of 32-0 on September 25, 2024. House Budget Committee Chairman Jodey Arrington (R-TX), joined by original sponsor Representative Blake Moore (R-UT), released the following statements applauding House pa… Continue Reading
December 11, 2024Today, House Budget Committee Chairman Jodey Arrington (R-TX) delivered opening remarks at the hearing “Sounding the Alarm: Pathways and Possible Solutions to the U.S. Fiscal Crisis.” Click HERE to watch Chairman Arrington’s Opening Remarks Opening Statement as Delivered: “We've got major fiscal problems and a completely unsustainable fiscal trajectory. I haven't heard anyone, Democrat or Republican, witness or member, that doesn't accept that fact. We won't know when the dominoes fall on u… Continue Reading
December 20, 2024
Today, the Congressional Budget Office (CBO) released its first-ever report on artificial intelligence (AI) commissioned by the House Budget Committee. This report entitled “Artificial Intelligence and Its Potential Effects on the Economy and the Federal Budget” sheds light on the real economic impacts of AI technology, providing critical insights into its economic benefits and challenges. CBO’s qualitative analysis considers the effects, both negative and positive, that AI might create in our … Continue Reading
December 06, 2024
Last week, Senator Joni Ernst (R-IA), the head of the newly formed Senate Department of Government Efficiency (DOGE) caucus, unveiled a list of cost-saving options for the federal government totaling more than $2 trillion in savings. In a November 25th letter to DOGE co-directors Elon Musk and Vivek Ramaswamy, Ernst identified 22 areas of the government fraught with waste, fraud, and abuse, outlining broad actions to address these issues. Her letter highlights an area ripe for DOGE attention: … Continue Reading
December 04, 2024
President Biden and Vice President Harris have created an inflationary firestorm, with families spending nearly $18,000 more annually just to maintain the same standard of living they enjoyed before this Administration. In a recent Op-Ed for the Wall Street Journal, Dr. Mickey D. Levy, visiting fellow at the Hoover Institution, and Dr. Michael D. Bordo, economics professor at Rutgers University, lay out the economic reality that Americans are facing at home and the unsustainable nature of Democ… Continue Reading
December 12, 2024
Yesterday, House Budget Committee Chairman Jodey Arrington (R-TX) penned an Op-Ed in the Washington Examiner sounding the alarm on the federal government’s unbridled spending habits and the need to restore fiscal responsibility in Washington. Chairman Arrington in the Washington Examiner: Via the Washington Examiner: “The Democrats’ spending spree in Washington during 2021 and 2022 sparked countless economic problems. Runaway government spending drove skyrocketing prices, draining household s… Continue Reading
October 23, 2024Today, House Budget Committee Chairman Jodey Arrington (R-TX) penned an Op-Ed in The Daily Caller highlighting his support for President Trump’s proposal to establish a government efficiency commission led by businessman Elon Musk. Read more as Chairman Arrington Sounds the Alarm on the need for a complete financial and performance audit of the entire federal government. Chairman Arrington in the Daily Caller: Via The Daily Caller: “Political campaigns often drown out important proposals in … Continue Reading
September 13, 2024Yesterday, House Budget Committee Chairman Jodey Arrington (R-TX) and former U.S. Senator Phil Gramm (R-TX) penned an Op-Ed in The Wall Street Journal highlighting how means-tested welfare spending is the driving force behind our nation’s out-of-control deficit and unsustainable debt. Read more as Chairman Arrington Sounds the Alarm on how welfare reform is sorely needed to improve the well-being of low-income families and to restore fiscal responsibility for future generations. Chairman Arrin… Continue Reading