News
July 26, 2024
House Budget Committee Member Drew Ferguson (R-GA) is Sounding the Alarm on the impending threat to local health care systems - the increasing scarcity of antibiotics to treat patients. Just this week, Rep. Ferguson led a bipartisan Budget Committee roundtable titled “Threats to Modern Medicine: Examining the Budgetary Effects of Antimicrobial Resistance and the Broken Antibiotic Development Pipeline.” Members heard from a panel of experts who emphasized the need to bring attention to this heal… Continue Reading
July 26, 2024Today the Bureau of Economic Analysis (BEA) reported that the Personal Consumption Expenditures (PCE) price index was 2.5 percent for the month of June. Since the Biden-Harris Administration took office, prices have risen nearly 20 percent, with Americans paying nearly $17,000 more per year for the same goods and services. Chairman Arrington's Statement on the PCE Report: House Budget Committee Chairman Jodey Arrington (R-TX) issued the following statement on President Biden’s 20 percent infl… Continue Reading
July 25, 2024Today, House Budget Committee Chairman Jodey Arrington (R-TX) and Health Care Task Force (HCTF) Chairman Michael C. Burgess, MD (R-TX) led a bipartisan roundtable entitled, “Threats to Modern Medicine: Examining the Budgetary Effects of Antimicrobial Resistance and the Broken Antibiotic Development Pipeline.” Joining in this effort are Rep. Drew Ferguson (R-GA) and Rep. Scott Peters (D-CA) who introduced H.R. 2940, Pioneering Antimicrobial Subscriptions to End Upsurging Resistance (PASTEUR) Act … Continue Reading
July 01, 2024
House Budget Committee Member Congressman Ron Estes (R-KS) is Sounding the Alarm as the national debt continues to soar due to President Biden’s failed economic policies. Congressman Estes outlined the massive scale of the debt crisis in an article in the Daily Signal highlighting how the $34.7 trillion of national debt is affecting the average American family more than they think. He argues for passage of H.R. 8372, the Debt Per Taxpayer Information Act, which was introduced by House Budget Co… Continue Reading
June 26, 2024
On Tuesday, June 18, 2024, the Congressional Budget Office (CBO) released its updated budget projections for fiscal years (FY) 2024-2034. This is an update to its February baseline. CBO now projects that deficit spending for FY24 will reach a staggering $1.9 trillion, an estimate that is $400 billion higher than CBO predicted just four months earlier. Additionally, interest spending has increased by $540 billion or 153 percent in the three years since President Biden took office. Our country no… Continue Reading
June 21, 2024
On Tuesday, the Congressional Budget Office (CBO) released its updated budget projections for fiscal years (FY) 2024-2034. This is an update to its February baseline. The CBO’s analysis highlights that the cost of federal student loan programs are skyrocketing, with taxpayers projected to spend $393 billion, or $3,100 per household, on these programs over the next 10 years. $140 billion or over a third of this cost directly stems from President Biden’s student loan forgiveness schemes. A rece… Continue Reading
June 21, 2024
This week, House Budget Committee Chairman Jodey Arrington (R-TX) penned an Op-Ed in The Daily Caller on the full cost of President Biden’s border crisis. The financial impact of President Biden’s policies are substantial and mounting, having already cost taxpayers upwards of $150 billion at the federal, state, and local levels. Read more as Chairman Arrington lays out the costs of Biden’s border crisis. Chairman Arrington in the Daily Caller: Via The Daily Caller: “The financial impact of t… Continue Reading
June 11, 2024This week, House Budget Committee Chairman Jodey Arrington (R-TX) penned an Op-Ed in The Hill Sounding the Alarm about our need for deficit reduction. Chairman Arrington in the Hill: Via The Hill: The House will soon take up the first of the 12 annual appropriations bills, measures intended to fund the government for another year. Expect the usual cacophony of arguments over defense versus non-defense priorities, policy riders, earmarks and the like. All for a process that observers agree wi… Continue Reading
May 29, 2024Last Friday, House Budget Committee Chairman Jodey Arrington (R-TX) penned an Op-Ed in the Washington Examiner highlighting the Biden Administration’s unilateral actions to expand big government, and further our nation’s fiscal burden - all to advance the White House’s political agenda. Chairman Arrington Via the Washington Examiner: Via Washington Examiner: In 1983, Wall Street economist Ed Yardeni coined the term “bond market vigilantes” to describe traders who triggered a violent sell-off … Continue Reading
