Press Releases
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 15, 2024
Chairman Arrington Introduces Legislation to Provide Taxpayers Transparency on the Public Debt
WASHINGTON, D.C. - House Budget Committee Chairman Jodey Arrington (R-TX) introduced legislation that would inform and educate the American people on the nation’s fiscal trajectory and what it means for them and their families. H.R. 8372, the Debt Per Taxpayer Information Act, would provide each American filing a tax return with information on their W-2 about federal revenues, outlays, and deficits in the latest available tax year, the total gross debt, and the estimated debt per taxpayer. It … Continue Reading
May 15, 2024
Bureau of Labor Statistics: CPI Inflation at 3.4 Percent in April
WASHINGTON, D.C. - Today, House Budget Committee Chairman Jodey Arrington (R-TX) released the following statement after the Consumer Price Index (CPI) report for April showed that inflation increased by 0.3 percent, with year over year inflation at 3.4 percent. Since President Biden took office, prices have increased by a total of 19.3 percent. Chairman Arrington on Today's Inflation Report: “The trend of rising monthly prices and high yearly inflation is very concerning, especially coupled … Continue Reading
May 14, 2024
CBO Report on Inflation Covers Up the Harmful Effect of Bidenomics on the Economy
WASHINGTON, D.C. - Today the Congressional Budget Office (CBO), released a report entitled, “An Update About How Inflation Has Affected Households at Different Income Levels Since 2019.” This was an update to a report from September 2022. The updated report, requested by Senate Budget Committee Chairman Sheldon Whitehouse (D-RI), shows the cumulative inflation effects on households since 2019. This five-year cumulative look back, with no year-by-year breakdown, conflates the positive … Continue Reading
May 13, 2024
The Cost of the Border Crisis: $150.7 Billion and Counting
WASHINGTON, D.C. - Yesterday, the House Budget Committee held a hearing entitled “The Cost of the Border Crisis” to highlight the importance of border security and the fiscal implications of President Biden’s failed border policies. Witnesses from the Federation for American Immigration Reform (FAIR), Texas Public Policy Foundation’s “Secure and Sovereign Texas” Initiative, and Kinney County, Texas, testified before the committee to show the impacts of the border crisis, particularly the … Continue Reading
May 11, 2024
Chairman Arrington Joins Maria Bartiromo’s Wall Street to Discuss the Looming Social Security, Medicare Insolvency and the Cost of the Border Crisis
WASHINGTON, D.C. - Today, House Budget Committee Chairman Jodey Arrington (R-TX) joined Maria Bartiromo’s Wall Street on Fox Business to discuss the looming insolvency of Social Security and Medicare and the Committee’s “Cost of the Border Crisis” hearing held on Wednesday. On Monday, the Social Security and Medicare Trustees annual reports were submitted to Congress. The reports highlight the alarming financial predicament for the future of the Social Security and Medicare programs that … Continue Reading
May 09, 2024
Chairman Arrington Seeks Full Analysis from CBO on Mass Illegal Migration Costs
WASHINGTON, D.C. - Today, House Budget Committee Chairman Jodey Arrington (R-TX) sent a letter to Congressional Budget Office (CBO) Director Phillip Swagel requesting a complete and fair analysis of the budgetary effects of the border crisis. This letter follows a House Budget Committee hearing entitled “The Cost of the Border Crisis,” where members delved into the fiscal ramifications of President Biden’s open border policies. The letter expresses House Budget Committee Republicans’ concern … Continue Reading
May 09, 2024
Despite CBO’s Predictions, Trump Tax Cuts Were a Boon for America’s Economy and Working Families
WASHINGTON, D.C. - House Budget Committee Chairman Jodey Arrington (R-TX) along with Ways and Means Committee Chairman Jason Smith (R-MO) issued the following statement after the Congressional Budget Office (CBO) issued their latest Long-Term Budget Outlook Under Alternative Scenarios for the Economy and the Budget, which includes CBO’s estimation of the budgetary and economic impact of making the 2017 Trump tax cuts permanent: “While the Congressional Budget Office provides a valuable … Continue Reading
May 08, 2024
Chairman Arrington Delivers Opening Remarks at Hearing on “The Cost of the Border Crisis”
WASHINGTON, D.C. - Today, Chairman Jodey Arrington (R-TX) delivered his opening remarks at the hearing, “The Cost of the Border Crisis”, highlighting the importance of border security and the fiscal implications of President Biden’s failed border policies.' Click HERE to watch Chairman Arrington’s opening remarks. Opening Statement as Delivered: “The American people are as familiar with this issue as any, with respect to the wide open borders in the United States and the … Continue Reading
May 07, 2024
Fox Business: Chairman Arrington Discusses Looming Insolvency of Social Security, Medicare, and the Upcoming Hearing on the Cost of the Border Crisis
WASHINGTON, D.C. - Today, House Budget Committee Chairman Jodey Arrington (R-TX) joined Fox Business’s Cavuto: Coast to Coast with host Neil Cavuto to discuss the looming insolvency of our entitlement programs such as Social Security and Medicare, and to highlight the Committee’s upcoming hearing entitled “The Cost of the Border Crisis.” Click HERE to watch Chairman Arrington on Cavuto: Coast to Coast Highlights from the Chairman’s interview below: Chairman Arrington on the Border … Continue Reading
May 07, 2024
MEDIA ADVISORY: The Cost of the Border Crisis Hearing
WASHINGTON, D.C. - On Wednesday, May 8, 2024, Chairman Jodey Arrington (R-TX) and members of the House Budget Committee will convene a hearing entitled “The Cost of the Border Crisis.” Title: The Cost of the Border CrisisDate: Wednesday, May 8, 2024Time: 10:00 AMLocation: 210 Cannon House Office BuildingMajority Witnesses:Julie KirchnerExecutive Director, Federation for American Immigration ReformAmmon BlairSenior Fellow, Texas Public Policy Foundation’s “Secure and Sovereign Texas” … Continue Reading
May 06, 2024
Social Security and Medicare Continue on Path to Insolvency, Trustees Confirm
WASHINGTON, D.C. - Today, the Social Security and Medicare Trustees annual reports were submitted to Congress. The reports highlight the alarming financial predicament for the future of the Social Security and Medicare programs that millions of seniors depend on. Chairman Arrington's Statement on the Social Security and Medicare Trustees Reports: In response to the reports, House Budget Committee Chairman Jodey Arrington (R-TX) released the following statement: “We have the … Continue Reading
May 05, 2024
Chairman Arrington Joins Fox News to Discuss the Cost of the Border Crisis
WASHINGTON, D.C. - Today, House Budget Committee Chairman Jodey Arrington (R-TX) appeared on Fox News’ Fox News Live program to discuss the committee’s upcoming hearing entitled “The Cost of the Border Crisis.” The hearing will be held at 10:00am ET, Wednesday, May 8, 2024, in the House Budget Committee hearing room, 210 Cannon House Office Building. Watch Chairman Arrington’s full interview with Fox News HERE. Find highlights of key moments below:Chairman Arrington on the Cost of the … 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 03, 2024
April Jobs Report: 140,000 Less New Jobs than March
WASHINGTON, D.C. - Today, the Bureau of Labor Statistics (BLS) released its jobs report for April 2024, which showed 175,000 new jobs were created in April, down from 315,000 in March. Chairman Arrington Statement of April Jobs Report: House Budget Committee Chairman Jodey Arrington (R-TX) responds to the worsening job numbers: “It’s no surprise that the job market has slowed, adding 140,000 less jobs in April than the previous month. President Biden’s and Congressional Democrats’ fiscal … Continue Reading
May 01, 2024
Reining in Executive Overreach with Strengthening Administrative PAYGO Act
WASHINGTON, D.C. - Today, House Budget Committee Oversight Task Force Chair Jack Bergman (R-MI), Chairman Jodey Arrington (R-TX), accompanied by all Republican members of the House Budget Committee, introduced the H.R. 8195, Strengthening Administrative PAYGO (SAP) Act of 2024. H.R. 8195 will rein-in unchecked and costly executive actions by clarifying and permanently extending Administrative Pay-As-You-Go (PAYGO), as established by the Fiscal Responsibility Act (FRA) of 2023. Chairman … Continue Reading
May 01, 2024
Federal Reserve Makes No Change to Interest Rates, Meaning Bidenomics is Still Driving Stubbornly High Inflation
WASHINGTON, D.C. - Today, the Federal Open Market Committee (FOMC), the Federal Reserve’s (Fed) committee that meets every six weeks to discuss federal interest rates, announced that there will be no immediate change to interest rates. Chairman Arrington on our Current Economic State: “Democrats and President Biden have made history for all the wrong reasons: record $7 trillion in additional debt, a record number of regulations by a President, and 40-year high inflation. It’s no wonder GDP … 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 30, 2024
Consumer Confidence for April Falls to Lowest Level Since July 2022
WASHINGTON, D.C. - Today, The Conference Board released its report entitled, “Consumers More Pessimistic About Future Business Conditions, Jobs, and Income” on their latest report of Consumer Confidence for April 2024. Per the Conference Board’s Consumer Confidence Survey for April, findings reflect “prevailing business conditions and likely developments for the months ahead. This monthly report details consumer attitudes, buying intentions, vacation plans, and consumer expectations for … Continue Reading
