Press Releases
Currently showing results related to Budget Process Reform Task Force
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
March 26, 2024
Arrington & Comer Statements on GAO’s Improper Payments Report
WASHINGTON D.C.— House Budget Committee Chairman Jodey Arrington (R-TX) and House Committee on Oversight and Accountability Chairman James Comer (R-KY), co-leaders of the Improper Payments Working Group, issued statements today on the Government Accountability Office’s (GAO) report, “Improper Payments: Information on Agencies’ Fiscal Year 2023 Estimates.”“This past fiscal year, the federal government made $236 billion in fraudulent and wasteful payments - more than we spent on Homeland … Continue Reading
February 05, 2024
House Budget Committee to Hold Markup of Bills H.R. 766, H.R. 7032, and H.R. 5301
WASHINGTON, D.C. - On Tuesday, February 6th, Chairman Jodey Arrington (R-TX) and Members of the House Budget Committee will hold a markup of: H.R. 766, Preventive Health Savings Act Led by Representatives Burgess (R-TX) and DeGette (D-CO)H.R. 7032, Congressional Budget Office Data Sharing Act Led by Representatives Boyle (D-PA) and Chairman Arrington (R-TX)H.R. 5301, Eliminate Useless Reports Act of 2023 Led by Representatives Garcia (D-CA) and Grothman (R-WI) The markup is scheduled to … Continue Reading
January 30, 2024
House Budget Committee Members Consider Ideas to Curb Improper Payments
WASHINGTON, D.C. - Today, the House Budget Committee convened a roundtable to discuss improper payments across the Federal government and opportunities for reform. The roundtable featured Gene Dodaro, Comptroller General and head of the Government Accountability Office (GAO), Orice Williams Brown, Chief Operating Officer of the GAO, Budget Committee Members, and others. Led by House Budget Committee Chairman Jodey Arrington (R-TX), the Member roundtable examined ways to address improper … Continue Reading
January 24, 2024
WHAT THEY’RE SAYING: Bill Sponsors Laud Bipartisan Budget Committee Markup
The House Budget Committee made history by favorably advancing three budget process reform bills out of committee, on a bipartisan basis, for the first time in more than a decade. Committee members considered the following budget process reform proposals: H.R. 5779, the Fiscal Commission Act of 2024 (advanced by a vote of 22 - 12); H.R. 6952, The Fiscal State of the Nation Act (unanimously adopted and advanced by voice vote); and, H.R. 6957, the Debt to GDP Transparency and … Continue Reading
January 23, 2024
WHAT THEY’RE SAYING: Supporters Sound Off on Passage of Debt Commission in Bipartisan Committee Markup
Last week, the House Budget Committee held a markup for three bipartisan budget process reform proposals, including the Fiscal Commission Act of 2024. All the proposals passed out of Committee—and it’s got people talking. From stakeholders to journalists, to industry experts to policymakers on both sides of the aisle, people are excited for what these legislative proposals could mean for the future of Washington’s broken budget process. Click HERE for highlights of our member and … Continue Reading
January 19, 2024
Chairman Arrington, Bill Sponsors Laud the Passage of Budget Process Reform Bills out of Committee
WASHINGTON D.C. — Yesterday, the House Budget Committee, under the leadership of Chairman Arrington, held a successful markup on several bipartisan legislative proposals aimed at bringing accountability and transparency to Congress’ broken budget process. All three bills—H.R. 5779, the Fiscal Commission Act of 2024, H.R. 6952, the Fiscal State of the Nation Act, and .R. 6957, the Debt to GDP Transparency and Stabilization Act-passed out of Committee and are one step closer to becoming … Continue Reading
January 18, 2024
Chairman Arrington Delivers Opening Remarks at Markup of Bills H.R. 5779, H.R. 6957, and H.R. 6952
WASHINGTON, D.C. - Today, House Budget Committee Chairman Jodey Arrington (R-TX) delivered the following opening remarks at the Committee’s Markup on bills H.R. 5779, the Fiscal Commission Act of 2023, H.R. 6957, the Debt to GDP Transparency and Stabilization Act, and H.R. 6952, the Fiscal State of the Nation Act. Click HERE to watch the Chairman's statement as delivered Chairman Arrington’s Remarks as Prepared for Delivery"We started our journey as a team of Budget Committee Members … Continue Reading
January 18, 2024
UPDATED MEDIA ADVISORY: Chairman Arrington to Hold Press Conference with Bill Sponsors Following Committee Markup
WASHINGTON D.C. — Today, Thursday, January 18, House Budget Committee Chairman Jodey Arrington (R-TX) will host a press conference following the markup of H.R. 5779, H.R. 6957, and H.R. 6952. Due to extenuating circumstances, Speaker Johnson is no longer able to attend. See below for an updated list of participants: House Budget Committee Chairman Jodey Arrington (R-TX) and House Budget Committee Budget Process Reform Task Force Chair Rudy Yakym (R-IN) Congressmen Bill Huizenga … Continue Reading
January 17, 2024
House Budget Committee to Hold Markup of Bills H.R. 5779, H.R. 6952, and H.R. 6957
WASHINGTON, D.C. - Thursday, January 18th, Chairman Jodey Arrington (R-TX), Ranking Member Brendan Boyle (D-PA), Budget Process Reform Task Force Chairman Rudy Yakym (R-IN), and members of the House Budget Committee will hold a markup of: H.R. 5779, Fiscal Commission Act of 2023 Led by Representative Huizenga (R-MI) and Representative Peters (D-CA)H.R. 6952, Fiscal State of the Nation ActLed by Representative Moore (R-UT) and Representative Barr (R-KY)H.R. 6957, Debt-to-GDP Transparency … Continue Reading
January 12, 2024
Chairman Arrington, Task Force Chairmen Yakym & Bergman, Send Letter to PPBE Reform Commission on Improving DoD’s Budget and Budget Process
WASHINGTON, D.C. - Today, Chairman Jodey Arrington (R-TX), Budget Oversight Task Force Chair Jack Bergman (R-MI), and Budget Process Reform Task Force Chair Rudy Yakym (R-IN) sent a letter to the Commission on Planning, Programming, Budgeting, and Execution (PPBE) Reform with the goal of creating an open line of communication to improve Department of Defense (DoD) budget and budget process. The letter also invites the Commission to testify before the House Budget Committee to discuss their … Continue Reading
December 06, 2023
Chairman Arrington, Task Force Chair Yakym Laud Budget Process Reform Member Day
WASHINGTON, D.C. - Today, Chairman Jodey Arrington (R-TX), Ranking Member Brendan Boyle (D-PA), Budget Process Reform Task Force Chair Rudy Yakym (R-IN) and Members of the House Budget Committee held a Member Day Hearing to solicit new ideas on how to reform Washington’s broken budget process. The Committee understands the need for input from Members across the political spectrum and from those representing all walks of life. Undertaking transformative action cannot happen without collective … Continue Reading
December 06, 2023
Chairman Arrington Delivers Opening Statement at Member Day Hearing on Budget Process Reform
WASHINGTON, D.C. - Today, House Budget Committee Chairman Jodey Arrington (R-TX) delivered the following opening remarks at the Committee’s Member Day Hearing on budget process reform: Click HERE to watch the Chairman's statement as delivered Chairman Arrington’s remarks as prepared for delivery: “I want to thank the audience for coming. It's a sign of strength and tremendous support for this budget reform process, which is part and parcel to restoring fiscal responsibility in our … Continue Reading
December 06, 2023
House Budget Committee to Hold Member Day Hearing on Budget Process Reform
WASHINGTON, D.C. - Today, Chairman Jodey Arrington (R-TX), Ranking Member Brendan Boyle (D-PA), Budget Process Reform Task Force Chairman Rudy Yakym (R-IN), and members of the House Budget Committee will hold a Member Day Hearing to receive testimony from the broader Republican and Democratic conferences on their respective ideas and legislative proposals on how to reform Congress’ broken budget process. The hearing is scheduled to begin at 9 am est. Click HERE to watch the House Budget … Continue Reading
November 29, 2023
Chairman Arrington Commends Bipartisan Discussion at Fiscal Commission Hearing
Today, Chairman Jodey Arrington (R-TX), Ranking Member Brendan Boyle (D-PA), and Members of the House Budget Committee held a hearing to evaluate several legislative proposals to create a bipartisan fiscal commission, including H.R. 710, H.R. 5779, and S.3262. The hearing brought together bipartisan and bicameral legislators to examine these proposals and discuss the pressing need for a fiscal commission.After the hearing, Chairman Arrington released the following statement: “As … Continue Reading
November 29, 2023
Chairman Arrington Delivers Opening Statement at Hearing on Fiscal Commission Legislative Proposals
Today, Chairman Jodey Arrington (R-TX) delivered opening remarks at the House Budget Committee’s hearing to examine several legislative proposals to create a bipartisan fiscal commission. Watch the full hearing here.Chairman Arrington’s remarks as prepared for delivery: I want to thank the Members testifying today for their leadership on what I believe is the most significant challenge facing our nation in the 21st Century - our runaway deficit spending and unsustainable national debt that … Continue Reading
November 29, 2023
House Budget Committee to Hold Hearing Exploring Legislative Proposals 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 several legislative proposals to create a bipartisan fiscal commission, including H.R. 710, H.R. 5779, and S.3262. Click HERE to watch the House Budget Committee’s hearing live. Hearing Objectives: Evaluate legislative proposals: Evaluate the components and implications of HR 5779, HR 710, and S. 3262, exploring how each legislative proposal … 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
July 27, 2023
Phillip Swagel Reappointed as Director of Congressional Budget Office
Today, House and Senate leadership re-appointed Dr. Phillip Swagel to a second four-year term as Director of the nonpartisan Congressional Budget Office (CBO). As required by the Congressional Budget Act, the appointment was made jointly by Speaker of the House Kevin McCarthy (R-CA) and President Pro Tempore of the Senate Patty Murray (D-WA), upon the joint recommendation of House Budget Chairman Jodey Arrington (R-TX) and Senate Budget Committee Chairman Sheldon Whitehouse … Continue Reading
June 23, 2023
Budget Committee Chairman Jodey Arrington, Ranking Member Brendan Boyle Launch Bipartisan Budget Process Reform Effort
Today, House Budget Committee Chairman Jodey Arrington (R-TX) and Ranking Member Brendan Boyle (D-PA) announced their intention to lead a new bipartisan effort focused on budget process reform. This new House Budget Committee initiative will convene Members, stakeholders, and experts to examine alternatives to the current flawed and ineffective Congressional budget process.“The congressional budget process is fundamentally broken and will continue to yield bad results and incentivize bad … Continue Reading
