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President's Health Care Law Remains A Fiscal Train Wreck
July 24, 2012
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Washington – Today, the Congressional Budget Office released its latest report on the cost and coverage estimates of the Affordable Care Act after last month’s Supreme Court decision. Upon the release of CBO’s report, House Budget Committee Chairman Paul Ryan of Wisconsin released the following stat...
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Paul Ryan: President's Health Care Law is Bad Policy and Must be Repealed
July 11, 2012
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WASHINGTON – Earlier today, the House of Representatives voted on a bipartisan basis to repeal the president’s health care law. Following the repeal vote, House Budget Committee Chairman Paul Ryan issued the following statement: “Despite the Supreme Court upholding much of the health care law, it is...
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Ryan: The Case for Repeal and Replace Grows Stronger
June 28, 2012
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WASHINGTON – Earlier today, the Supreme Court of the United States delivered a disappointing ruling in Florida v. the United States Department of Health and Human Services, affirming that the federal mandate to purchase government-approved health insurance imposes a tax on the American people. In th...
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The Facts on President Obama’s Budget Record
June 7, 2012
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Despite a promise to cut the deficit in half by the end of his first term, the President has run annual deficits in excess of $1 trillion for four years in a row. Since the President took office, annual government spending has increased by 25%, with the federal government spending $3.6 trillion thi...
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House Budget Committee Hearing: The Congressional Budget Office’s Long-Term Budget Outlook
June 6, 2012
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Welcome all to the House Budget Committee. The purpose of this hearing is to review the Long-Term Budget Outlook, and unpack the fiscal and economic challenges facing our nation. We are joined today by Doug Elmendorf, Director of the Congressional Budget Office. I want to thank you for testifying to...
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CBO Report: Danger Ahead Unless America Charts New Course
June 5, 2012
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WASHINGTON – Earlier today, the Congressional Budget Office (CBO) issued the latest update of The Long-Term Budget Outlook. This report outlines a bleak fiscal and economic future, and underscores the painful consequences for American families should policymakers fail to advance fiscally responsible...
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Chairman Ryan on the Clarifying Choice Offered by U.S. Senate’s Budget Failures
May 16, 2012
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Washington – On the 1,113th day since Senate Democrats last passed a budget, the U.S. Senate considered a series of budget resolutions, none authored or supported by a single Senate Democrat. The national debt has eclipsed the size of the entire U.S. economy, yet the Democrat-controlled Senate has f...
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Ryan on Passage of Responsible Deficit Reduction Package
May 10, 2012
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WASHINGTON – Earlier today, the U.S. House of Representatives passed H.R. 5652, the Sequester Replacement Reconciliation Act of 2012, a package of reforms aimed to avert across-the-board cuts to our armed forces and key priorities, reduce the deficit, and foster a better environment for job creation...
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Ryan Statement on Advancement of Responsible Spending Restraints and Reforms
May 7, 2012
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Washington – Following the House Budget Committee’s successful passage of the Sequester Replacement Reconciliation Act and the Sequester Replacement Act, House Budget Committee Chairman Paul Ryan of Wisconsin issued the following statement: “Both parties agree that the across-the-board sequester set...
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House Budget Committee Mark-Up: Reconciliation and Replacing the Sequester
May 7, 2012
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Welcome to today’s mark-up. Today, this Committee meets to advance sensible spending restraints and to reprioritize savings called for under the Budget Control Act. Last year, as we were coming up on the debt ceiling, the Obama administration asked Congress to rubber-stamp a blank-check increase in ...
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