ICYMI
J.P. Morgan’s David Kelly Warns America Is ‘Going Broke Slowly’
WASHINGTON, D.C.—J.P. Morgan Asset Management’s chief global strategist, David Kelly, issued a stark warning this week about America’s deteriorating fiscal outlook. With federal debt topping $37.8 trillion and interest payments poised to exceed annual defense spending this year and all discretionary spending by 2052, Kelly cautioned that the country is “going broke slowly.” He warned that even moderate deficits will keep pushing the debt-to-GDP ratio higher and that political or economic … Continue Reading
October 09, 2025
Wall Street Journal Editorial Board: The Politics of ObamaCare Subsidies
WASHINGTON, D.C.— The Wall Street Journal Editorial Board argues that Republicans shouldn’t fear the politics of allowing the enhanced ObamaCare subsidies to expire, contending that Democrats are using the government funding fight to secure a $400 billion extension for a pandemic-era entitlement that should have ended years ago. WORD ON THE STREET From the Wall Street Journal: “Democrats are demanding that Republicans extend enhanced ObamaCare subsidies that Democrats passed in 2021 for a … Continue Reading
October 03, 2025
Wall Street Journal Editorial Board: The Government Shutdown Stakes for the GOP
WASHINGTON, D.C.— The Wall Street Journal Editorial Board warns that Democrats are using Biden’s COVID-era subsidies to pressure Republicans into extending costly entitlement expansions. The editorial emphasizes these “turbocharged” subsidies—originally passed during the pandemic—have been expanded to high-income households and are projected to cost taxpayers nearly half a trillion dollars if extended. It also notes that letting the subsidies expire would not dismantle the Affordable Care Act … Continue Reading
October 02, 2025
Wall Street Journal: Let the Obamacare Enhanced Premium Subsidies Expire
WASHINGTON, D.C.—In an op-ed published by the Wall Street Journal, Ge Bai, a professor of accounting and health policy at Johns Hopkins University, argues against Democrats big-government push to extend wasteful, COVID-era premium subsidies for Obamacare plans, set to cost taxpayers $400 billion over the next decade. Congress should let these subsidies expire—just as lawmakers originally designed--and rein in waste, fraud, and abuse to protect taxpayers. From the Wall Street … Continue Reading
October 01, 2025
The Wall Street Journal Editorial Board: Obamacare Subsidy Scare
WASHINGTON, D.C.—The Wall Street Journal Editorial Board refutes Democrats’ claims that failing to extend pandemic-era enhanced Obamacare subsidies would cause significant coverage loss and harm to enrollees. The board points to a new Bureau of Labor Statistics (BLS) report showing that many subsidy recipients qualify for employer-sponsored health coverage but instead choose to enroll in heavily subsidized Obamacare plans. “Don’t believe the Democrats’ Obamacare scare,” says the board. From … Continue Reading
September 25, 2025
Chairman Arrington Highlights Constitutional Failure in Hill Op-Ed
WASHINGTON, D.C. — Today, House Budget Chairman Jodey Arrington (R-Texas) joined W. Bruce Lee, Executive Director of the National Federalism Commission (NFC), and Hon. David Walker, former Comptroller General of the United States, calling for the need to adopt a fiscal responsibility measure in the Constitution per Congress’s Article V duty in an op-ed published in The Hill. Read the full op-ed here or below: This past Constitution Day a historic announcement was made regarding the failure … Continue Reading
September 18, 2025
Chairman Arrington in Washington Examiner: COVID is Over, Democrat Health Care Handouts Should Be Too
WASHINGTON, D.C.- In a new op-ed published in the Washington Examiner, House Budget Committee Chairman Jodey Arrington (R-Texas) sets the record straight on the Obamacare enhanced premium tax credits—“Biden COVID credits”—that Democrats alone set to expire this year. WORD ON THE STREET Read Chairman Jodey Arrington’s full op-ed here or below: COVID-19 is long over, but vestiges of its spending spree and the progressive policies it drove still linger in Washington. Under the guise of … Continue Reading
September 03, 2025
Rep. Buddy Carter: Here’s how the One Big Beautiful Bill repairs America’s health care safety net
WASHINGTON, D.C.- House Budget Committee member Rep. Buddy Carter (R-Ga.) published an op-ed in the Atlanta Journal-Constitution highlighting how the One Big Beautiful Bill restores accountability to Medicaid, strengthens oversight, and protects taxpayers, writing: “The One Big Beautiful Bill delivers big wins across the board. But one of its most urgent — and long-overdue — course corrections is restoring integrity and accountability to Medicaid, the taxpayer-funded health program that many … Continue Reading
August 18, 2025
The Wall Street Journal Editorial Board: The Phantom Patients of Obamacare
WASHINGTON, D.C.— The Wall Street Journal Editorial Board highlighted new analysis from Paragon Health Institute that reveals, under the Biden Administration’s pandemic-era Obamacare COVID credits—also known as enhanced Premium Tax Credits—taxpayers are footing the bill for nearly 12 million “phantom” enrollees who have never used their coverage. WORD ON THE STREET Excerpts from the Wall Street Journal: “Obamacare really is a gift that keeps on giving—for insurers. The law forces Americans … Continue Reading
August 14, 2025
Rep. Smucker in Op-Ed: Big Beautiful Bill Puts Hard-Working Families First
WASHINGTON, D.C.- House Budget Committee Vice-Chair Rep. Lloyd Smucker (R-Pa.) published an op-ed in Broad + Liberty this week highlighting that the One Big Beautiful Bill puts more money back in Americans’ pockets, delivers tax certainty for small businesses, secures the border, unleashes American-made energy, and bolsters national security — all while achieving the largest savings of any reconciliation package in history. WORD ON THE STREET Read Rep. Lloyd Smucker’s full … Continue Reading
July 30, 2025
Rep. Lloyd Smucker Sets the Record Straight on the One Big Beautiful Bill in the York Daily Record
WASHINGTON, D.C. - House Budget Committee Vice-Chair Rep. Lloyd Smucker (R-Pa.) published an op-ed in the York Daily Record this week highlighting the One Big Beautiful Bill and correcting false claims about its impact. In his piece, Rep. Smucker directly challenged misinformation in a recent news article, set the record straight, and emphasized how the bill protects vulnerable Americans while supporting working families. WORD ON THE STREET Read Rep. Lloyd Smucker’s full Op-Ed: The … Continue Reading
July 28, 2025
Rep. Tom McClintock: The Big Beautiful Bill and The Democrats’ Big Mistake
WASHINGTON, D.C. - House Budget Committee member Rep. Tom McClintock (R-Calif.) published an op-ed in the California Globe highlighting how the One Big Beautiful Bill allows Americans to keep more of their hard-earned dollars, writing: “So how will average Americans fare? They’ll be paying significantly lower taxes than they are today, particularly if they work for tips or overtime or are over 65 or have children, or live in high tax states.” WORD ON THE STREET Read Congressman Tom … Continue Reading
July 22, 2025
The Wall Street Journal Editorial Board: “The Real Risk to the Electric Grid”
WASHINGTON, D.C. - As Democrats attack House Republicans for phasing out $500 billion in Green New Deal taxpayer-funded subsidies, energy experts and federal studies support the move, warning that continued reliance on green subsidies threatens to trigger prolonged blackouts, skyrocketing power bills, and a dangerously unstable electric grid. The Biden-Harris Administration's reckless push for green energy mandates through the “Inflation Reduction Act” has distorted the power market, … Continue Reading
July 18, 2025
Rep. Ron Estes: “The Big Beautiful Bill Is a Victory for Families, Life, and America’s Future”
WASHINGTON, D.C. - Rep. Ron Estes (R-Kansas), a member of the House Budget Committee, published a powerful op-ed in The Daily Wire this week highlighting the historic impact of the One Big Beautiful Bill, calling it “the most pro-family, pro-life piece of legislation signed into law in decades.” Read Congressman Ron Estes’s full Op-Ed: How the Big Beautiful Bill Will Help Make Big Beautiful Families “Most of the conversation about the One Big, Beautiful Bill Act has rightly focused on the … Continue Reading
July 17, 2025
Budget Republicans Obernolte and Carter Introduce Bill to Improve CBO Scoring of Preventative Health Measures
Washington, D.C. - This week, two Republican members of the Budget Committee Congressman Jay Obernolte (R-Calif.) and Congressman Earl L. “Buddy” Carter (R-Ga.) introduced bipartisan legislation to modernize how the Congressional Budget Office (CBO) evaluates the fiscal impact of preventive health care policies, in partnership with Congresswoman Diana DeGette (D-Colo.) and Congressman Scott Peters (D-Calif.). "Our budget process should reward forward planning, not penalize it. By enabling … Continue Reading
June 27, 2025
Wall Street Journal Editorial Board: About Those ‘Millions’ Losing Medicaid
WASHINGTON, D.C. - The Wall Street Journal today published an editorial citing new data from the nonpartisan Congressional Budget Office. The CBO report, requested by Budget Chairman Jodey Arrington (R-Texas) and Energy and Commerce Chairman Brett Guthrie (R-Ky.), corrects the record on the impact of the Medicaid policies within the House-passed One Big Beautiful Bill Act (OBBBA). WORD ON THE STREET Wall Street Journal Editorial: “Senate Republicans have to rework provisions in their big … Continue Reading
June 10, 2025
Wall Street Journal Op-Ed: “My Son is Counting on Medicaid Work Requirements”
WASHINGTON, D.C. - The Medicaid program is a vital safety net for low-income children, pregnant women, individuals with disabilities, and seniors. Its original mission has been undermined by the unchecked expansion under ObamaCare, which shifted funding and focus away from the most vulnerable and towards able-bodied, working-age adults without dependents. Currently, Medicaid has no federal work requirement and states receive more federal funds to cover able-bodied adults than they do for … Continue Reading
June 04, 2025
American Enterprise Institute: How Able-Bodied Medicaid Recipients Spend Their Time
The Medicaid program is a critical lifeline for the most vulnerable Americans— low-income pregnant women, children, those living with disabilities, and seniors. However, Medicaid has expanded well beyond its intended purpose and is fraught with waste, fraud, and abuse. Currently, Medicaid lacks a work requirement for able-bodied adults. Because of Obamacare Medicaid expansion, the federal government pays states more to cover working-age, single men than it does for vulnerable pregnant women … Continue Reading
May 06, 2025
Wall Street Journal Editorial Board: The GOP’s Medicaid Moment of Truth
House Republicans are committed to strengthening and protecting the Medicaid program as a critical lifeline for the most vulnerable Americansit was intended to serve, such as low-income pregnant women, children, people with disabilities, and the elderly.However, Medicaid has expanded well beyond its original purpose into a program fraught with waste, fraud, and abuse. Not only does Medicaid lack a work requirement for able-bodied adults, but in many cases the federal government pays states … Continue Reading
April 30, 2025
Competitive Enterprise Institute: Burdensome Federal Regulations Cost Economy $2 Trillion Annually
A new report from the Competitive Enterprise Institute (CEI)—the 2025 edition of Ten Thousand Commandments—highlights the staggering impact of federal regulations on the economy. It estimates compliance with burdensome federal regulations has an annual impact of at least $2.155 trillion on the economy. This represents a substantial burden on U.S. households and businesses alike, which is further exacerbated by federal fiscal mismanagement that has generated a gross national debt of over $36 … Continue Reading
