U.S. Senate Budget Committee

The President’s Fiscal Year 2014 Education Budget Request

Tue, 18 Jun 2013 10:30:00 EST

Witness:

The Honorable Arne Duncan
Secretary
United States Department of Education

The President’s Fiscal Year 2014 Defense Budget Request

Wed, 12 Jun 2013 10:30:00 EST

Witnesses:

The Honorable Chuck Hagel
Secretary, United States Department of Defense

General Martin Dempsey
Chairman, Joint Chiefs of Staff

Issue 2: Sequestration And Appropriations

Tue, 11 Jun 2013 12:00:01 EST

Sessions Calls For Welfare Reform Ahead Of Senate Vote On Food Stamp Legislation

Mon, 10 Jun 2013 12:00:01 EST

"It can no longer be our goal to place as many Americans as possible on welfare support. Instead, the goal must be to help as many Americans as possible achieve financial independence."

Ranking Member Sessions Welcomes New Staff Director

Wed, 05 Jun 2013 12:00:01 EST

“We are all sad to see Marcus Peacock leave the Budget Committee and wish him the best of luck in his next adventure. Marcus joined up with us from my first day as Ranking Member, and he has been a source of wise counsel and leadership ever since. His keen judgment proved indispensable during the many high-stakes budget debates of the last two-and-a-half years."

The Fiscal and Economic Effects of Austerity

Tue, 04 Jun 2013 10:30:00 EST

Witnesses:

Larry Summers, PhD
President Emeritus and Charles W. Eliot University Professor, Harvard University

Simon Johnson, PhD
Ronald A Kurtz (1954) Professor of Entrepreneurship, MIT Sloan School of Management and Senior Fellow, Peterson Institute for International Economics

Salim Furth, PhD
Senior Policy Analyst, Macroeconomics, The Heritage Foundation

S. 744 And The Welfare State

Mon, 03 Jun 2013 12:00:01 EST

From a fiscal standpoint, immigration reform should be guided by a candid acknowledgement of the enormous expanse of our welfare state and the aggressive practices currently being used to boost enrollment.

@MikeCrapo: Glad to see the #Senate has come to a solution to extend flexibility to the #FAA to deal with furloughs without gimmicks or taxes.

Fri, 31 May 2013 12:00:01 EST

@MikeCrapo: Glad to see the #Senate has come to a solution to extend flexibility to the #FAA to deal with furloughs without gimmicks or taxes. #idpol

@SenatorEnzi: I cosponsored a bill that would prevent Americans from losing $ they set aside for out of pocket health care costs.

Fri, 31 May 2013 12:00:01 EST

@SenatorEnzi: I cosponsored a bill that would prevent Americans from losing $ they set aside for out of pocket health care costs. http://1.usa.gov/10yU5CY

@SenatorWicker: It is unconscionable that DOD is issuing military furloughs instead of cutting wasteful spending.

Fri, 31 May 2013 12:00:01 EST

@SenatorWicker: It is unconscionable that DOD is issuing military furloughs instead of cutting wasteful spending. http://ow.ly/lyGlk

Supporting Broad-Based Economic Growth and Fiscal Responsibility through Tax Reform

Wed, 22 May 2013 02:30:00 EST

Witnesses:

Michael Linden
Center for American Progress Managing Director, Economic Policy

Adam Looney, PhD
The Brookings Institution Senior Fellow, Economic Studies

Veronique de Rugy, PhD
Senior Research Fellow, Mercatus Center at George Mason University

Sessions Delivers Opening Remarks At Committee Hearing On Economic Growth

Wed, 22 May 2013 12:00:01 EST

"In my view, the key to stronger economic growth starts with removing burdens we impose on work, savings, and investment.”

The Nomination of Brian C. Deese, of Massachusetts, to be Deputy Director of the Office of Management and Budget

Tue, 21 May 2013 10:30:00 EST

Sessions Comments On CBO’s Analysis Of President’s FY14 Budget

Fri, 17 May 2013 12:00:01 EST

"The country can certainly find more ways to rein in expansive federal programs, departments, and agencies, yet the President’s plan is to tax more and spend more."

CBO Confirms Obama 2014 Budget Does Not Change Dangerous Debt Course

Fri, 17 May 2013 12:00:01 EST

the President’s policies would not begin to reduce deficits until FY 2018, which ends eight months after President Obama’s term in office ends.

Silo Busting: Effective Strategies for Government Reorganization

Thu, 16 May 2013 03:30:00 EST

Witnesses:

Panel 1

The Honorable Gene Dodaro
Comptroller General, U.S. Government Accountability Office

The Honorable John P. Holdren
Director, White House Office of Science and Technology Policy

Panel 2

The Honorable Nicole Poore
Senator, Delaware General Assembly and Chair, Delaware Joint Sunset Committee

Dr. David Rosenbloom
Distinguished Professor, Department of Public Administration and Policy, The American University

Johnson: CBO Makes Clear America Cannot Afford Obamacare

Wed, 15 May 2013 12:00:01 EST

“The President and his allies in Congress sold Obamacare by promising it would cost the taxpayers less than $1 trillion in its first decade. Instead, the Congressional Budget Office now makes clear that once fully implemented, it will cost far more than that over its first ten years: a whopping $1.8 trillion.

“Obamacare will reduce medical innovation and the quality of care, increase wait times, lead to rationing, and bust the federal budget. Senators showed their concern about the cost of the program recently by approving a budget resolution that included my amendment to require more comprehensive Obamacare cost estimates. That provision was adopted on a bipartisan vote of the Budget Committee.

“The Senate Majority Leader and the Senate author of Obamacare, Democrats Harry Reid (NV) and Max Baucus (MT), recently called the implementation of Obamacare a train wreck. I agree. And in addition, it will wreck our wallets too.”

Sessions Comments On CBO’s Updated Budget Projections

Tue, 14 May 2013 12:00:01 EST

"Rather than having higher taxes chase ever-higher spending, Congress must commit to balancing the budget over the next 10 years through prudent reductions in the growth rate of spending."

CBO’s Revised Outlook Still Projects Unsustainable Debt Path

Tue, 14 May 2013 12:00:01 EST

The Congressional Budget Office’s updated budget outlook projects that, under the baseline rules the agency is required by law to follow, spending will total $46.677 trillion over the next 10 years, revenues will total $40.336 trillion, and the debt will climb to $25.228 trillion by the end of 2023. These figures assume the continuation of the spending cuts required by the Budget Control Act of 2011 (BCA) and the tax increases that took effect on January 1.

Sessions Comments On New Heritage Foundation Analysis Of Gang Of Eight Plan

Mon, 06 May 2013 12:00:01 EST

“At a time when our nation’s major entitlements are already nearing bankruptcy, we cannot afford to add another $6.3 trillion in long-term net costs to already over-burdened state, local, and federal governments… This bill may be good for the special interests who helped write it. But it’s bad for workers, bad for taxpayers, and fails to serve the national interest.”