Reining in Washington Spending
America Speaking Out Town Hall Meeting
We are on course to be the first generation in America's history to leave the next generation with less freedom and a lower standard of living. Without reform, over the course of the next generation, federal spending is set to grow from its post-World War II historic average of 20% of the economy to 40%.
Our nation finds itself on the verge of national bankruptcy as a result of Washington politicians borrowing from future generations to pay for constituencies today through policies that have attempted to spend, borrow, and bailout our way to economic prosperity. I have been a leader in the fight against Washington’s spending spree in order to save the American Dream as it drowns in a sea of red ink. I am fighting to protect the family budget from the federal budget to ensure we do not allow the torch of liberty to be mortgaged as a result of reckless Washington spending and so the American Dream will be bigger and brighter for the next generation.
- I serve as the co-chairman of the Joint Select Committee on Deficit reduction. Established under the Budget Control Act of 2011, this committee is charged with issuing a formal recommendation on how to reduce the deficit by at least $1.5 trillion over the next ten. To learn more about the committee, please click here.
- I previously served as one of 18 members on the National Commission on Fiscal Responsibility and Reform. Established by a presidential order, this commission is charged with coming up with reforms to put our nation on a sustainable fiscal path. My work on the commission focused on solutions to rein in out of control spending and to ensure than any recommendations protect taxpayers.
- I have introduced an amendment to the United States Constitution to limit federal spending to no more than 20% of the economy- the historical average since World War II (H. J. Res. 5). Absent efforts to rein in spending, within the next generation, federal spending is set to double in size as a share of the economy. Either massive tax increases or unprecedented levels of debt will be required to finance spending at this level. This will leave future generations of Americans with less opportunity, less freedom, and a lower standard of living.
May 31, 2012 CHAIRMEN HENSARLING AND RYAN: TROOPS AND TAXPAYERS DESERVE ANSWERS FROM WHITE HOUSE
May 17, 2012 In Case You Missed it: Hensarling on CNN’s Starting Point
May 4, 2012 Hensarling Statement on April 2012 Unemployment Report
April 20, 2012 Hensarling Statement on CBO Report Confirming President Obama’s Budget Would Hurt Economy
March 29, 2012 Hensarling Statement on Passage of House GOP “Path to Prosperity” Budget
February 17, 2012 Hensarling Statement on Third Anniversary of Failed ‘Stimulus’ Bill
February 7, 2012 Hensarling Floor Statement on the Budget and Accounting Transparency Act of 2012
February 1, 2012 Hensarling Statement on House Repeal of the CLASS Act
November 18, 2011 Hensarling Calls for Passage of Balanced Budget Amendment (VIDEO)
September 9, 2011 Hensarling Statement on 10th Anniversary of 9/11 Attacks
September 8, 2011 Hensarling Response to the President’s Address to Congress
August 1, 2011 Hensarling Statement on Revised Budget Control Act of 2011
July 30, 2011 Hensarling Statement on Reid Plan Vote
July 29, 2011 Hensarling Statement on Passage of the Budget Control Act of 2011
July 18, 2011 Hensarling Responds to President Obama’s Threat to Veto Cut, Cap and Balance Legislation
June 29, 2011 Hensarling Discusses Jobs, Economy in Forney
June 22, 2011 Hensarling Statement on Long-Term CBO Outlook
May 31, 2011 Hensarling Statement in Opposition to Raising Debt Limit Without Spending Cuts
April 28, 2011 Hensarling Discusses Federal Debt Crisis
April 18, 2011 Hensarling Statement on S&P; Downgrade of America’s Long-term Credit Rating from “Stable” to “Negative”
April 14, 2011 Hensarling Statement on House Republicans’ “Path to Prosperity” Budget
April 13, 2011 Hensarling Statement on the President’s Deficit Speech
April 7, 2011 Hensarling Statement on Passage of the Troop Funding Bill and House Republican Efforts to Keep the Government Open
April 5, 2011 Hensarling Statement on the House Republican Budget Proposal: “Path to Prosperity”
April 4, 2011 Hensarling Statement on Spending Negotiations
March 30, 2011 National Taxpayers Union Recognizes Hensarling As One Of The Top Spending Reducers In The House
March 23, 2011 Hensarling Statement on One-Year Anniversary of ‘Obamacare’
March 23, 2011 Hensarling Discusses Federal Debt & Spending Cuts: Congressman Discusses Recent Spending Cuts and Need for Fiscal Sanity
March 18, 2011 Hensarling Re-Introduces Legislation to End Taxpayer Funded Bailout of Fannie Mae and Freddie Mac
March 17, 2011 Hensarling Statement on House Vote to Defund NPR
February 17, 2011 Hensarling Statement on Two Year Anniversary of the Failed Stimulus
February 15, 2011 Congressman Hensarling Highlights House Majority’s Commitment to Creating a Better Environment for Job Growth
February 8, 2011 Hensarling Discusses Jobs, Spending Cuts
July 29, 2010 Hensarling: What Part of Broke Don't Democrats Understand?
July 28, 2010 Hensarling: this is a program that could save taxpayers $1.1 billion
July 23, 2010 Hensarling On OMB Mid-Session Review
July 8, 2010 Hensarling Hosts America Speaking Out Town Hall Meetings
June 23, 2010 Hensarling & Ryan: We Need To Cut Spending Now
March 19, 2010 Recommended Reading: Why Oppose Deeming The Health Care Bill?
April 6, 2011 Dallas Morning News Op-Ed: Why the ‘Path to Prosperity’ makes economic sense
August 11, 2010 Bloomberg: ‘What part of broke doesn’t this Congress understand?’”
July 15, 2010 Seminole Chronicle (Florida) Now is the time to curtail spending
March 3, 2010 WSJ: Time for a Spending Cap With Teeth
December 8, 2009 Dallas Rep. Jeb Hensarling denounces Obama's plan to tap $200 billion in TARP savings
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