Press Releases
Currently showing results related to Budget Process Reform Task Force
President Biden Signs H.R. 7032, the CBO Data Sharing Act Into Law
WASHINGTON, D.C. - Today, the President signed H.R. 7032, the Congressional Budget Office (CBO) Data Sharing Act, into law. This bipartisan legislation, championed by Budget Committee Chairman Jodey Arrington (R-TX) and Ranking Member Brendan Boyle (D-PA), is the first-ever House Budget Committee bill to become law with unanimous support from Congress. This legislation will expand the CBO’s authority to request and receive data from executive branch agencies while safeguarding sensitive … Continue Reading
September 26, 2024
House Budget Committee Reports Six Congressional Budget Office Reform Initiatives Favorably to the House
WASHINGTON, D.C. - Yesterday, House Budget Committee Chairman Jodey Arrington (R-TX) and members of the Committee held a markup of six bills to improve the practices and operations of the Congressional Budget Office (CBO). The bills under consideration include: H.R. 9716, the "Increasing Baseline Updates Act." Sponsor: Rep. Blake Moore (R-UT). This bill would require CBO to produce at least two baseline updates per year, including at least one update with economic data, ensuring … Continue Reading
September 25, 2024
Chairman Arrington Delivers Opening Remarks at Markup of Congressional Budget Office Reform Bills
WASHINGTON, D.C. - Today, House Budget Committee Chairman Jodey Arrington (R-TX) delivered opening remarks at the markup of six bills that aim to improve the Congressional Budget Office (CBO). Those bills are: H.R. 9716, the “Increasing Baseline Updates Act” H.R. 9751, the “Executive Action Cost Transparency Act” H.R. 9714, the “CBO Oversight Act” H.R. 9711, the “Congressional Budget Office Scheduling Reform Act” H.R. 8068, the “Stop the Baseline Bloat Act of 2024” H.R. 9686, the … Continue Reading
September 12, 2024
House Budget Committee Examines Ways to Improve the Congressional Budget Office
WASHINGTON, D.C. - Yesterday, the House Budget Committee held a legislative hearing entitled “Congress and the Congressional Budget Office (CBO): Examining Ways to Improve CBO” with CBO Director Phillip Swagel. This was the Budget Committee’s second oversight hearing this Congress focused on examining ways to improve the accuracy of CBO’s cost estimates, the timeliness of its communications with members and the general public, and their accountability to the Congress. As CBO celebrates its … Continue Reading
September 11, 2024
Chairman Arrington Delivers Opening Remarks at Hearing Entitled “Congress and the Congressional Budget Office (CBO): Examining Ways to Improve CBO”
WASHINGTON, D.C. - Today, House Budget Committee Chairman Jodey Arrington (R-TX) delivered opening remarks at the hearing “Congress and the Congressional Budget Office (CBO): Examining Ways to Improve CBO.” Click HERE to watch Chairman Arrington’s Opening Remarks Opening Statement as Delivered: “One of the things that we have a responsibility to do on behalf of you, voters, taxpayers, and all Americans is to ask questions of the heads of our agencies that run the inner workings of … Continue Reading
September 10, 2024
The CBO Data Sharing Act Passes the Senate, the First Bipartisan HBC Bill to Unanimously Pass Both Chambers in History
WASHINGTON, D.C. - Today, the U.S. Senate passed H.R. 7032, the Congressional Budget Office (CBO) Data Sharing Act by unanimous consent. Passage of H.R. 7032, led by House Budget Committee Chairman Jodey Arrington (R-TX) and Ranking Member Brendan Boyle (D-PA), marks the first time EVER that a bipartisan House Budget Committee bill has passed both the House and Senate unanimously. The CBO Data Sharing Act was considered by the House Budget Committee in February 2024, passing the House in … Continue Reading
July 12, 2024
House Budget Committee Releases Discussion Drafts and Solicits Feedback on Legislation to Improve the Congressional Budget Process
WASHINGTON, D.C. - Today, on the 50th Anniversary of the Congressional Budget and Impoundment Control Act of 1974 becoming law, the House Budget Committee and its Budget Process Reform Task Force released three discussion drafts outlining proposals to reform the congressional budget process and minimize budget gimmicks. These proposals would reinstate and enforce outlay caps, require sponsors of legislation to insert statements in the Congressional Record justifying any emergency spending, and … Continue Reading
May 24, 2024
What They Are Saying: H.R. 8372, the Debt Per Taxpayer Information Act
WASHINGTON, D.C. - Last week, the House Budget Committee marked up five additional budget process reform bills, including H.R. 8372, the “Debt Per Taxpayer Information Act.” The bill was favorably reported by the House Budget Committee on a bipartisan vote of 21 ayes to 4 nays. The “Debt Per Taxpayer Information Act,” sponsored by Chairman Jodey Arrington (R-TX), would provide each American filing a tax return with information on their W-2 about federal revenues, outlays, and deficit in the … Continue Reading
May 24, 2024
What They Are Saying: H.R. 8341, the Cost Estimates Improvement Act
WASHINGTON, D.C. - Last week, the House Budget Committee marked up five additional budget process reform bills, including H.R. 8341, the “Cost Estimates Improvement Act.” The bill was favorably reported by the House Budget Committee on a bipartisan vote of 17 ayes to 7 nays. The “Cost Estimates Improvement Act,” sponsored by Rep. Michael Cloud (R-TX), Rep. Ed Case (D-HI), Rep. Dan Meuser (R-PA), Rep. Jared Golden (D-ME), and Rep. Tom McClintock (R-CA), will require the Congressional Budget … Continue Reading
May 22, 2024
What They Are Saying: H.R. 8343, the Enhancing Improper Payment Accountability Act of 2024
WASHINGTON, D.C. - Last week, the House Budget Committee marked up five additional budget process reform bills, including H.R. 8343, the “Enhancing Improper Payment Accountability Act of 2024.” The bill was favorably reported by the House Budget Committee on a bipartisan vote of 18 ayes to 7 nays. The “Enhancing Improper Payment Accountability Act,” sponsored by Rep. Blake Moore (R-UT) and Rep. Abigail Spanberger (D-VA), would impose timely reporting requirements for new federal spending … Continue Reading
May 22, 2024
What They Are Saying: H.R. 8342, the Improper Payments Transparency Act
WASHINGTON, D.C. - Last week, H.R. 8342, the “Improper Payments Transparency Act” was favorably reported by the House Budget Committee on a bipartisan vote of 18-7. The “Improper Payments Transparency Act,” led by Budget Process Reform Task Force Chairman Rep. Rudy Yakym (R-IN), Rep. Jimmy Panetta (D-CA), Rep. Jack Bergman (R-MI), and Rep. Scott Peters (D-CA),would direct the President to include the amounts and rates of improper payments at each executive branch agency, year-over-year … Continue Reading
May 17, 2024
House Budget Committee Reports Five Budget Process Reform Initiatives Favorably to the House
WASHINGTON, D.C. - Yesterday, the House Budget Committee held a markup of five bills regarding Budget Process Reform. All five bills were reported favorably out of the Committee to the House. These bills will reform the budget process and help ensure American taxpayers monies are not being wasted. The bills marked up include: H.R. 8341, the “Cost Estimates Improvement Act.” Sponsors: Rep. Michael Cloud (R-TX), Rep. Ed Case (D-HI), Rep. Dan Meuser (R-PA), Rep. Jared Golden (D-ME), and Rep. … Continue Reading
May 16, 2024
Chairman Arrington Delivers Opening Remarks at a Markup of Five Budget Process Reform Bills
WASHINGTON, D.C. - Today, Chairman Jodey Arrington (R-TX) delivered opening remarks at the markup of five budget process reform bills. Those bills are: H.R. 8341, the “Cost Estimates Improvement Act.” H.R. 8195, the “Strengthening Administration PAYGO Act of 2024.” H.R. 8372, the “Debt Per Taxpayer Information Act.” H.R. 8342, the “Improper Payments Transparency Act.” H.R. 8343, the “Enhancing Improper Payment Accountability Act.” Click HERE to watch Chairman Arrington’s opening … Continue Reading
May 03, 2024
Budget Committee to Introduce Legislation to Rein-In Improper Payments
WASHINGTON, D.C. - Today, the House Budget Committee announced a forthcoming package of legislation that will rein-in improper payments within the federal government. House Budget Committee Chairman Jodey Arrington (R-TX) recently published an op-ed on the importance of ending the derelict practice of wasting federal tax dollars on improper payments in The Hill entitled, “It’s Time to Stop Talking and Start Acting on Fraud and Improper Payments.” In the piece, Chairman Arrington highlights … Continue Reading
May 01, 2024
House Budget Republicans Seek to Streamline U.S. Defense Spending and Budgeting Process with DoD Watchdog
WASHINGTON, D.C. - Today, House Budget Committee Members, led by House Budget Committee Oversight Task Force Chair Jack Bergman (R-MI), convened a roundtable discussion focused on streamlining the budgeting process for the Department of Defense (DoD) with the Commission on Planning, Programming, Budgeting, and Execution (PPBE) Reform. Congress established the PPBE Commission on a bipartisan basis—via section 1004 of the “Fiscal Year 2022 National Defense Authorization Act” (NDAA)—to … Continue Reading
May 01, 2024
What They Are Saying: H.R. 7032, Congressional Budget Office Data Sharing Act
WASHINGTON, D.C. - On Monday, the House of Representatives unanimously passed H.R. 7032, the “Congressional Budget Office Data Sharing Act,” by a voice vote. This is the second bill of the 118th Congress that maintains sole House Budget Committee jurisdiction to pass the House Floor under suspension. H.R. 7032 will maintain confidentiality, provide much-needed clarity to the Congressional Budget Office’s (CBO) authority, better safeguard legislative intent, and implement new reporting … Continue Reading
April 29, 2024
The Congressional Budget Office Data Sharing Act Passes the House
WASHINGTON, D.C. - Today, the House of Representatives passed H.R. 7032, the bipartisan Congressional Budget Office Data Sharing Act, by voice vote. This is the second time this year that legislation with sole House Budget Committee jurisdiction was considered and passed by the House. Chairman Arrington and Ranking Member Boyle Statements on Passage: Chairman Arrington lauded the passage of the CBO Data Sharing Act: “The first step to getting our fiscal house in order is to have timely and … Continue Reading
April 26, 2024
Chairman Arrington, Health Care Task Force Chair Burgess Request Investigation into Obamacare Program Driving Deficits
WASHINGTON, D.C. - Today, House Budget Committee Chairman Jodey Arrington (R-TX) and Budget Committee Health Care Task Force (HCTF) Chair Michael C. Burgess, M.D. (R-TX) sent a letter to Comptroller General Gene Dodaro of the U.S. Government Accountability Office (GAO) requesting an updated report on the cost of the Center for Medicare and Medicaid Innovation (CMMI) and its effect on the federal budget. The Relationship Between Federal Spending and CMMI: The Patient Protection and … Continue Reading
April 17, 2024
Chairman Arrington Statement on First Ever Government-Wide Fraud Estimate Report
WASHINGTON, D.C. - Yesterday, the Government Accountability Office (GAO) unveiled a first-ever fraud estimate report across all government programs. According to the report, the federal government faces estimated annual financial losses due to fraud ranging from $233 billion to $521 billion. These losses stem from various fraud risks within federal programs and operations, underscoring a critical need for enhanced fraud risk management and prevention strategies. In response to the report, … Continue Reading
April 16, 2024
House Budget Committee Republicans Meet with Federal Reserve Chair, Discuss Importance of Sound Monetary Policy
WASHINGTON, D.C. - Today, House Budget Committee Republicans met with the Chair of the Board of Governors of the Federal Reserve System, Jerome Powell. House Budget Committee Chairman Jodey Arrington (R-TX) released the following statement about the meeting: “House Budget Committee members understand that our nation’s fiscal health is a combination of a strong balance sheet and a growing economy. We had a wide-ranging, substantive discussion with Chairman Powell about how monetary policy … Continue Reading
