News
June 02, 2023
The May jobs report showed alarming signs in the labor market. The household survey data—the part of the jobs report data that looks directly at American workers—showed that 440,000 more Americans became unemployed, a sign that the labor market may be beginning to deteriorate in the face of raging inflation and sky-rocketing interest rates.President Biden released a statement in response to the May jobs figures praising his Administration’s so-called job creation numbers. Biden… Continue Reading
June 01, 2023The Senate today is set to consider the Republican House-led resolution to reverse President Biden’s reckless student loan cancellation plan for the wealthy.Ahead of the Senate vote, the National Taxpayers Union Foundation (NTUF) released new data showing how much Biden's student loan cancellation will costs taxpayers in each state. $3,526. On average, Biden’s plan to transfer the cost of student loans from wealthy borrowers to working-class Americans will cost the average taxpaye… Continue Reading
May 31, 2023Today, House Budget Committee Chairman Jodey Arrington (R-TX) delivered the following remarks during floor debate of H.R. 3746, the Fiscal Responsibility Act. Remarks as prepared for delivery: “Thank you, Mr. Speaker. “The fiscal state of our nation is in decline, our financial health is rapidly deteriorating, and our national debt is unsustainable. “Mr. Speaker, one thing is for sure: We didn’t get into this financial mess overnight, and we wonR… Continue Reading
June 01, 2023
President Biden and Democrats’ so-called Inflation Reduction Act (IRA)—or, more accurately put, the Innovation Reduction Act—has been bad news for America’s leading role in new drug development and patients hoping for new therapies.A new report released today shows another devastating impact of this deficit-crushing law: it will cause patients to lose access to an estimated 40 PERCENT of new medicines or up to 139 new therapies over the next decade.The study, released by … Continue Reading
May 31, 2023
By Demian BradyMay 31, 2023 As Congress faces a looming deadline on the debt ceiling, lawmakers are considering the Fiscal Responsibility Act (FRA). The package is the result of negotiations between House Speaker Kevin McCarthy (R-CA) and President Biden, and would suspend the debt ceiling through January 1, 2025 in exchange for several reforms and the reintroduction of discretionary spending limits. According to the Congressional Budget Office’s analysis, the bill would reduce spen… Continue Reading
May 30, 2023
Today, Congressman Ron Estes (KS-04), delivered the following remarks (as prepared) at the House Rules Committee during consideration of The Fiscal Responsibility Act of 2023 (H.R. 3746). Click here to watch his remarks. "Chairman Cole, Ranking Member McGovern, Members of the Rules Committee. Thank you for allowing me to testify today in my capacity as a Member of the House Budget Committee. "The Fiscal Responsibility Act is more than a bipartisan agreement – it’s a win f… Continue Reading
May 26, 2023
By Rep. Jodey ArringtonMay 26, 2023 We live in an over-regulated America. While it’s important to set reasonable rules of the road for public health and safety, by congressional abdication, and executive activism, we have created a fourth branch of government and a massive regulatory state that is compromising our freedom, quenching our entrepreneurial spirit, and choking the life out of our economy. On average, nearly 25,000 regulatory restrictions are put on the bo… Continue Reading
April 10, 2023By: Chairman Jodey Arrington (TX) As seen in Fox News Like dashboard warning lights in a family car, the federal fiscal indicators are flashing danger. It’s time to pull over, lift the hood and fix the problem before it’s too late. That’s the kind of service-station assessment we’re performing in the House Budget Committee, which I chair. Unfortunately, the fiscal repairs necessary to get us back on the road to financial health and prosperity require a lot mor… Continue Reading
March 23, 2023By: Chairman Jodey ArringtonAs Seen in The Washingtion Times It was January 1995, and the national debt crisis was already mounting. The Senate was debating the adoption of a Republican-sponsored amendment to the Constitution which would limit the federal government to spend no more than it takes in.Then-Senator Joe Biden fought alongside Senate Republicans to encourage support for this constitutional change by emphasizing the importance of deficit reduction: “I’m sure s… Continue Reading