Chairman Enzi: Congress Must Improve the Way it Budgets for Natural Disasters
WASHINGTON D.C. – During a speech today on the floor of the United States Senate, Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, said that Congress must work to improve the way it budgets for inevitable natural disasters and emergencies. He said this would allow the country to respond to natural disasters more […]
Senate Budget Committee Approves Plan to Cut Deficits by Half a Trillion Dollars
WASHINGTON D.C. –The Senate Budget Committee, chaired by Senator Mike Enzi (R-WY), today approved the FY 2020 Budget Resolution, which would reduce deficits by more than half a trillion dollars over five years and put America on a more sustainable fiscal path. Enzi noted the budget blueprint will help begin to reduce overspending and set real, achievable […]
Chairman Enzi: Senate Budget Resolution is First Step to Strengthen America’s Future
WASHINGTON D.C. – Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, today said Congress must begin the difficult task of addressing America’s ballooning debt and deficits. The committee began consideration of the FY 2020 Budget Resolution, focused on reducing the deficit over the next five years. “This budget represents an important first step […]
WHAT THEY ARE SAYING: Support for the FY 2020 Budget Resolution
ELECTED OFFICIALS: House Budget Committee Ranking Member Steve Womack (R-AR): “I commend Chairman Enzi for introducing a realistic and achievable budget, and for his intention to advance this resolution in the coming weeks. As lawmakers sitting on the budget committees in the House and Senate, we all have a responsibility to lead federal spending decisions […]
Enzi Unveils 5-Year Deficit Reduction Plan
WASHINGTON D.C. – Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, today released the Fiscal Year 2020 Budget Resolution, which would reduce deficits by more than half a trillion dollars over five years. “Strengthening America’s future for our children and grandchildren begins by putting our nation on a more sustainable fiscal path and […]
BUDGET ROUNDUP: BUDGET RESOLUTION BASICS
KEY TAKEAWAYS A budget resolution is a governing blueprint that provides an annual plan for the federal government’s finances. The Congressional Budget Act (CBA) requires budget resolutions to cover the upcoming fiscal year and at least the following four fiscal years. Budget resolutions provide a mechanism for Congress to review the spending and revenue policies […]
Chairman Enzi: We Must Put Our Nation on a More Sustainable Fiscal Path
WASHINGTON D.C. – During a hearing today on the President’s fiscal year 2020 budget proposal, Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, said that Congress and the President must work together to put our nation on a more sustainable fiscal path. “It is no secret the federal government spends more than it […]
Chairman Enzi’s Statement On President’s FY 2020 Budget Proposal
WASHINGTON D.C. – Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, issued the following statement today after the President’s fiscal year 2020 budget proposal was released: “The President’s annual budget proposal is the first step in the federal budget process and will allow us to consider how his priorities align with the priorities […]
BUDGET ROUNDUP: Review of Almost $1 Trillion in Cap-Adjusted Spending
KEY TAKEAWAYS: Cap adjustments have allowed Congress to increase spending beyond the levels set forth in the Budget Control Act of 2011. These cap adjustments have resulted in almost $1 trillion in additional spending. The BCA contains several cap adjustments to increase spending for specified purposes, including emergencies, disasters, program integrity, and overseas contingency operations […]
Enzi: Congress Has Spent Almost $1 Trillion Above Budget Caps Since 2011
WASHINGTON D.C. – During a Senate Budget Committee hearing on cap-adjusted spending under the Budget Control Act (BCA) of 2011, Chairman Mike Enzi (R-WY) noted that cap adjustments have allowed Congress to spend almost $1 trillion beyond the levels set forth in the law. Enzi said these cap adjustments have created an additional path to […]