Press Releases
Chairman Arrington Reacts to Moody’s Report Lowering U.S. Economic Outlook
House Budget Committee Chairman Jodey Arrington (R-TX) issued the following statement after the Moody’s Investor Service lowered its rating of the U.S. economic outlook from “stable” to “negative” ahead of heightened interest rates and out-of-control spending levels:“It is noteworthy that over just the last several months, the U.S. credit rating has been downgraded and the fiscal outlook has changed for the worse; meanwhile, the U.S. Treasury bond market has softened and our overall economy is … Continue Reading
November 09, 2023
Chairman Arrington, Oversight Task Force Chair Bergman Call For Reevaluation of Legality of Biden Border Policy
House Budget Committee Chairman Jodey Arrington (R-TX) and Budget Committee Oversight Task Force Chair Jack Bergman (R-MI) today sent a letter to Comptroller General Gene Dodaro of the Government Accountability Office (GAO) to request a reevaluation of the legality of the Biden Administration’s withholding of congressionally appropriated funds for southwest border wall construction. The letter reads in part, “As you are aware, President Biden issued a Proclamation on his first day in office, … Continue Reading
November 09, 2023
Chairman Arrington, Representative Yakym Launch Budget Process Reform Task Force
Today, House Budget Committee Chairman Jodey Arrington (R-TX) and Budget Committee Member Representative Rudy Yakym (R-IN) launched the new Budget Process Reform Task Force, which will be led by Representative Yakym. The Budget Process Reform Task Force will lead the Committee’s work on fixing Washington’s broken budget process, examining ways to increase transparency, accountability, and responsibility in fiscal decision-making within Congress. The work produced by the Task Force will be … Continue Reading
November 03, 2023
House Budget Chairman Jodey Arrington Demands Answers on Fiscal Cost of Biden Border Failures
House Budget Committee Chairman Jodey Arrington (R-TX) sent a letter to Department of Homeland Security (DHS) Secretary Alejandro Mayorkas once again demanding accounting from DHS on the fiscal impact of Biden’s border policies. The House Budget Committee has sent several letters to Secretary Mayorkas as far back as the 117th Congress and as recently as September 12, 2023 - despite the pressing nature of this issue, DHS has not provided the requested information to the Committee. Chairman … Continue Reading
November 03, 2023
MORE STAGNANT NEWS: Chairman Arrington Reacts to October Jobs Report
WASHINGTON, D.C. - Today, House Budget Committee Chairman Jodey Arrington (R-TX) issued the following statement after the Bureau of Labor Statistics (BLS) released its Jobs Report for October 2023, which showed slowed job growth and an uptick in the unemployment rate: “This has become the new normal for hardworking families under President Biden - slow growth, declining wages, and a lack of meaningful employment opportunities. President Biden’s FY2024 budget proposes the highest sustained … Continue Reading
November 02, 2023
CULTURE CHANGE IN WASHINGTON: Chairman Arrington Statement on Israel Security Supplemental Appropriations Act
Today, House Budget Committee Chairman Jodey Arrington (R-TX) issued the following statement ahead of the vote on The Israel Security Supplemental Appropriations Act, which provides $14.3 billion in emergency supplemental funding to Israel: “We must restore a culture of fiscal responsibility in Washington, which includes paying for all new spending with real offsets; and after $11 trillion in unbridled spending and a 40 percent increase in the size of the federal government over the last few … Continue Reading
November 01, 2023
Budget Oversight Task Force Issues a Request for Information to Stakeholders and the Public
Today, the House Budget Committee’s newly created Oversight Task Force released a Request For Information (RFI) letter inviting comments from key government stakeholders, organizations, and the general public pertaining to fiscal accountability, transparency, and program integrity. The deadline to submit comments is December 31, 2023. The letter, led by Oversight Task Force Chairman Jack Bergman (R-MI) and House Budget Committee Chairman Jodey Arrington (R-TX), states: “If you or your … Continue Reading
October 31, 2023
House Budget Chairman Jodey Arrington, Oversight Task Force Chairman Jack Bergman Demand Accountability from Biden Administration on Ukraine War Funding
House Budget Committee Chairman Jodey Arrington (R-TX) and Budget Committee Oversight Task Force Chairman Jack Bergman (R-MI) sent a letter to Office of Management and Budget (OMB) Director Shalanda Young demanding accounting of the United States’ funding of the Ukraine war to date. The letter also calls on Director Young to schedule a date to testify before the House Budget Committee on these expenditures. The letter reads, “It has now been over 20 months since Russia invaded Ukraine. … Continue Reading
October 27, 2023
New Data, Same Crisis: PCEPI Report Indicates Inflation Rages On
WASHINGTON, D.C. - Today, House Budget Committee Chairman Jodey Arrington (R-TX) released the following statement in response to the Bureau of Economic Analysis’ (BEA) September report on personal income, including the personal consumption expenditures price index (PCEPI). According to today’s report, the Fed’s preferred measure of inflation, PCEPI, grew at a rate of 3.4 percent year over year in September 2023, staying hot since its August 2023 3.4 percent readout, despite the Fed’s efforts … Continue Reading
October 26, 2023
House Budget Committee Health Care Task Force Tackles Health Care Spending
Today, the House Budget Committee Health Care Task Force (HCTF) hit the ground running with its inaugural Member roundtable. This roundtable brought together Director Phillip Swagel of the nonpartisan Congressional Budget Office (CBO), independent experts, and stakeholders to discuss CBO’s methods for analyzing policies that impact drug development in the United States, including the Inflation Reduction Act (IRA). Led by Rep. Michael Burgess M.D. (R-TX), the HCTF Member roundtable examined … Continue Reading
October 25, 2023
Chairman Arrington: Help Us Less, Mr. President
WASHINGTON, D.C. — House Budget Committee Chairman Jodey Arrington (R-TX) issued the following statement after the White House announced a $50 billion inflation-causing spending package:“President Biden’s reckless spending on the Democrats’ vast and radical expansion of the federal government has weakened our economy, racked up a record-high federal debt, and ignited an inflationary firestorm that is burning up the wages and savings of working families. Now, he wants to use the cause as the … Continue Reading
October 24, 2023
Budget Oversight Task Force Opens Line of Communication for Whistleblowers
The House Budget Committee’s Oversight Task Force today established an online portal enabling the submission of reports for any wrongdoing concerning federal spending, fiscal management, or the federal budget. “House Budget Republicans established the Oversight Task Force to bring accountability, transparency, and program integrity back to Washington—to get that done, we will need an all hands on deck approach. Whistleblowers play a vital role in helping Congress conduct its constitutionally … Continue Reading
October 19, 2023
Chairman Arrington Lauds Bipartisan Conversation on Fiscal Commission
WASHINGTON, D.C. - Today, Chairman Jodey Arrington (R-TX) led a House Budget Committee Hearing to examine the need for a fiscal commission to address America’s exploding debt crisis. After the hearing, Chairman Arrington said: “Today we came together, not as Republicans or Democrats but as concerned Americans, devoted to finding solutions to the serious fiscal challenges facing our country. As America barrels down the path toward irreparable economic catastrophe brought on by reckless … Continue Reading
October 19, 2023
Chairman Arrington Delivers Opening Statement at Hearing on Fiscal Commission
Today, House Budget Committee Chairman Jodey Arrington (R-TX) delivered the following opening remarks at the Committee’s hearing to examine the need for a fiscal commission. Watch the full hearing here. Chairman Arrington’s remarks as prepared for delivery:Good morning everyone.Today we come together, not as Republicans or Democrats, but as concerned Americans devoted to finding solutions to the serious fiscal challenges facing our country.As I’ve said before, our nation’s budgetary path is … Continue Reading
October 19, 2023
House Budget Committee to Hold Hearing Examining Need for Fiscal Commission
Today, Chairman Jodey Arrington (R-TX), Ranking Member Brendan Boyle (D-PA), and Members of the House Budget Committee will hold a hearing to examine the need for a bipartisan commission to address the pressing fiscal issues of our time. Ahead of the hearing, Chairman Arrington released the following statement: “We must address our unsustainable national debt and understand its principal drivers. The lack of urgency around the insolvency of critical programs is an unconscionable abdication of … Continue Reading
October 16, 2023
Health Care Task Force Chair Burgess Applauds Stakeholder Input
House Budget Committee Health Care Task Force Chair Michael Burgess, M.D. applauds the input submitted by over 170 individuals and stakeholders to the Request for Information (RFI) that will help shape the panel’s work.Health Care Task Force Chair Burgess released the following quote:"I look forward to upcoming discussions, fueled by the invaluable suggestions we've gathered through the RFI process. From big stakeholder groups and renowned academic medical centers to small, independent … Continue Reading
October 13, 2023
Chairman Arrington, Representative Bergman Launch Budget Committee Oversight Task Force
The Panel Will Work to Bring Accountability, Transparency, and Program Integrity to Washington’s Out-Of-Control SpendingHouse Budget Committee Chairman Jodey Arrington (R-TX) and Budget Committee Member Representative Jack Bergman (R-MI) launched a new Budget Committee Oversight Task Force, which will be chaired by Representative Bergman. Today, Oversight Task Force Chair Bergman published an opinion piece in The Hill, highlighting the need for fiscal transparency and responsibility throughout … Continue Reading
October 12, 2023
Families Crushed as Biden’s Total Inflation Breaks 17%
Today, House Budget Committee Chairman Jodey Arrington (R-TX) released the following statement after the Consumer Price Index (CPI) report for September stated inflation grew at a rate of 3.7 percent and cumulative inflation under President Biden grew to a staggering 17.1 percent: “Hardworking families are being crushed by President Biden’s inflation-inducing fiscal policies. Today, a family of four is paying $15,133 per year, or $1,261 per month, more to purchase the same goods and services … Continue Reading
October 10, 2023
IT JUST GETS WORSE: Spending is High, Interest Costs are Soaring, The Debt is Ballooning, According to New CBO Report
This afternoon, the non-partisan Congressional Budget Office (CBO) released the monthly budget review for September 2023. According to the report, spending levels are higher than last year and revenues are lower, meaning substantial growth of the national debt. Some key number breakdowns include: National Debt: $33.5 trillion FY23 Deficit: $1.7 trillion ($314 billion - or 23 percent - higher than last year) CBO further estimates that if the Administration’s plan for student loan … Continue Reading
October 09, 2023
BIDEN’S COSTLY POLICIES: How Biden’s Foreign Policy Failures Jeopardize Global Financial Security
The reckless foreign policy pushed by the Biden Administration has weakened our standing and emboldened our enemies. The botched Afghanistan withdrawal left over $7 billion worth of taxpayer-funded equipment, munitions, and military assets in the hands of the Taliban. The White House chose to resume sending financial assistance to the Palestinian Authority, resulting in over $200 million going directly to Gaza and the West Bank. The President’s failed policies have created an economic and … Continue Reading
