Press Releases
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 29, 2024
Chairman Arrington and Oversight Task Force Chairman Bergman Again Call for Implementation and Execution of Administrative PAYGO
WASHINGTON, D.C. - Today, House Budget Committee Chairman Jodey Arrington (R-TX) and Oversight Task Force Chairman Jack Bergman (R-MI) sent a second letter — issued in tandem with the committee’s request of the Government Accountability Office (GAO) to conduct a report on the “Status of Actions to Offset Direct Spending from Administrative Rules” released on November 30, 2023 — expressing serious concerns over the Administration’s interpretation and implementation of the Fiscal Responsibility … Continue Reading
April 26, 2024
President Biden’s Executive Actions Have Cost Taxpayers Over $2 Trillion
WASHINGTON, D.C. - Since taking office, President Biden has proposed and implemented executive actions that have cost taxpayers over $2 trillion. This spending was put forth by the Biden Administration without Congressional approval, underscoring the need for increased oversight and transparency throughout the Executive Branch. The House Budget Committee reviewed the President’s major executive actions to determine their status, costs, and implications. They range from relatively specific to … 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 26, 2024
Bureau of Economic Analysis: PCE Inflation Rose to 2.7 Percent in March
WASHINGTON, D.C. - Today, the Bureau of Economic Analysis (BEA) reported that the Personal Consumption Expenditures (PCE) price index, the Federal Reserve’s preferred measure of inflation, rose to 2.7 percent for the month of March. This is an increase from February’s 2.5 percent. Chairman Arrington on PCE: House Budget Committee Chairman Jodey Arrington (R-TX) issued the following statement on the PCE rising 2.7 percent in March: “Today, the Bureau of Economic Analysis (BEA) reported that … Continue Reading
April 25, 2024
Bureau of Economic Analysis: GDP Growth for Q1 was 1.6 Percent, Well Below Forecasts
WASHINGTON, D.C. - Today, the Bureau of Economic Analysis (BEA) reported that U.S. Gross Domestic Product (GDP) grew by just 1.6 percent in Quarter 1, 2024. This is well below estimates from market watchers, with some forecasting as high as 2.9 percent. Chairman Arrington's Statement on GDP Growth for Q1: House Budget Committee Chairman Jodey Arrington (R-TX) issued the following statement on GDP growth for Q1: “Today, GDP growth for the first quarter came in at a shockingly low 1.6 … Continue Reading
April 24, 2024
Chairman Arrington Responds to American Action Forum (AAF) Report: Biden’s Regulations Costing Nearly $1.4 Trillion
WASHINGTON, D.C. - Yesterday, the American Action Forum (AAF) released a report that shows since taking office, President Biden’s agency rulemakings have cost the federal taxpayer $1.37 trillion and counting. House Budget Committee Chairman Jodey Arrington (R-TX) issued the following statement on the cost of President Biden’s regulations: “President Biden is on track to impose more regulatory cost on our economy than any President in history, adding $1.4 trillion since coming to office. This … Continue Reading
April 23, 2024
GAO Confirms Biden Administration Spends Border Security Funds on Environmental Agenda
Washington, D.C. - In November of 2023, House Budget Committee Chairman Arrington (R-TX) and Oversight Task Force Chair Congressman Bergman (R-MI) sent a letter to the Government Accountability Office (GAO) seeking clarity on whether the Biden Administration violated the Impoundment Control Act of 1974 by blocking the use of fundsintended to continue construction and secure the border wall. On April 22, 2024, GAO issued its response. Background - From the Report: Congress appropriated … Continue Reading
April 19, 2024
Chairman Arrington Offers Amendment at the House Rules Committee to Fully Offset the Cost of National Security Supplemental and Restore Fiscal Responsibility
WASHINGTON, D.C. - Yesterday, House Budget Committee Chairman Jodey Arrington (R-TX) offered an amendment at the House Rules Committee hearing on H.R. 8034, 8035, 8036, and 8038 to the 21st Century Peace Through Strength Act. His amendment would have fully offset the cost of these bills, contributed at least $50 billion to deficit reduction, and helped restore fiscal responsibility. Ultimately, the amendment was not advanced by the Rules Committee for consideration on the House Floor due to … Continue Reading
April 18, 2024
Biden’s Student Loan Scheme: Breaking Down the Costs of the President’s Loan ‘Forgiveness’ Plans
WASHINGTON, D.C. - President Biden pledged to cancel student loan debts for millions of Americans during his campaign for President. Since taking office, his Administration has made several attempts to ram through legally questionable policies, trying to spend an unprecedented $1 trillion on student loan “forgiveness.” The Biden Administration’s unilateral actions have been numerous and far-reaching. The House Budget Committee continues to Sound the Alarm and uncover the full scope of Biden’s … 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
Chairman Arrington Responds to Biden’s New Student Loan ‘Forgiveness’ Scheme
WASHINGTON, D.C. - Today, the Department of Education released its first set of draft rules for President Biden’s next attempt to cancel student loan debt. Under these plans, more than 30 million borrowers would see some, or all, of their student loans cancelled, with the cost being shifted onto taxpayers. House Budget Committee Chairman Jodey Arrington (R-TX) released the following statement regarding the most recent Biden student loan bailout: “Here we go again: President Biden is … 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
April 12, 2024
Biden’s Botched Student Aid Rollout: Education and Workforce Committee Joins in Sounding the Alarm
WASHINGTON, D.C. - On Wednesday, the House Committee on Education and Workforce Subcommittee on Higher Education and Workforce Development held a hearing examining the Biden Administration’s continual blunders in the rollout of their new Free Application for Federal Student Aid (FAFSA) process.In the hearing, subcommittee Chair Burgess Owens (R-UT) and members of the Higher Education and Workforce Development Subcommittee discussed topics long echoed by the House Budget Committee: the Biden … Continue Reading
April 12, 2024
Health Care Task Force Chairman Burgess OpEd: How to Pay for 21st Century Medicine
WASHINGTON, D.C. - Today, House Budget Committee Health Care Task Force Chairman Michael C. Burgess, M.D. (R-TX) wrote an op-ed in The Hill highlighting the importance of increasing access to innovative treatments in the 21st century without breaking the budget. “Medical science has surged forward in the last decade, offering fresh hope to patients with serious and life-threatening diseases. Previously fatal diagnoses have been miraculously transformed into treatable and even curable … Continue Reading
April 12, 2024
Penn Wharton Sounds the Alarm on Biden’s Student Loan Bailout Scheme
WASHINGTON, D.C. - Today, the Penn Wharton Budget Model (PWBM) released an analysis of President Biden’s latest student loan cancellation scheme, which was unveiled earlier this week. PWBM’s report reveals this plan is projected to cost taxpayers $84 billion and would disproportionately affect high-income earners. Roughly “750,000 households making over $312,000 in average household income” would be eligible for longer-term student debt cancellation. Chairman Jodey Arrington (R-TX) … Continue Reading
April 10, 2024
Chairman Arrington Statement on the 3.5% Inflation Rate for March, the Highest Level in Six Months
WASHINGTON, D.C. - Today, House Budget Committee Chairman Jodey Arrington (R-TX) released the following statement after the Consumer Price Index (CPI) report for March showed that inflation increased by 3.5%, the highest level in six months. “President Biden’s failed economic policies and congressional Democrats’ tax and spend agenda continue to devastate the American people. Inflation is at its highest level in six months, and Bidenflation isn’t going anywhere. Families’ buying … Continue Reading
April 08, 2024
Chairman Arrington Responds to President Biden’s Second Student Loan Bailout Scheme
WASHINGTON, D.C. - This afternoon, in Madison, Wisconsin, President Joe Biden announced his latest plan to circumvent Congress and unilaterally wipe away student debt for millions of borrowers -all while leaving taxpayers to foot the bill. Today, House Budget Committee Chairman Jodey Arrington (R-TX) issued the following statement on the President’s most recent scheme to "cancel" student loans. “President Biden is pushing unconstitutional student loan policies in his quest to buy … 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
March 26, 2024
What They Are Saying: Dr. Michael C. Burgess Preventive Health Savings Act Would Improve How Congress Estimates the Benefits of Preventive Health Care
Last week, the House of Representatives advanced by voice vote H.R. 766, The Dr. Michael C. Burgess Preventive Health Savings Act (PHSA), to the Senate. The historic accomplishment marks the first time in history that a bipartisan bill with sole Budget Committee jurisdiction has been brought to the House Floor and passed under suspension of the rules. The PHSA, championed by House Budget Committee Health Care Task Force Chair Rep. Burgess (R-TX) and Rep. Diana DeGette (D-CO), would create a … Continue Reading
