Enzi: It’s Time For a Better Budget Process
WASHINGTON D.C. – During the Senate Budget Committee’s second in a series of hearings focused on America’s broken budget process, Chairman Mike Enzi (R-WY) today said congressional budgets are no longer governing documents and are increasingly ignored, leaving the country without a long-term plan. He said it’s time for a better budget process that allocates taxpayer resources […]
GAO Report on Duplication Highlights Effect of Broken Budget Process
WASHINGTON D.C. – Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, released the following statement today after the Government Accountability Office (GAO) issued a new report highlighting program duplication that has arisen because of America’s broken budget process. “The duplication highlighted in GAO’s new report is because of America’s broken budget process, and contributes to […]
Budget Committee to Hold April 13 Hearing on Fixing Broken Budget Process
WASHINGTON D.C. – Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, will hold the second in a series of hearings Wednesday, April 13, 2016 at 10:30am focused on fixing the broken budget process. Wednesday’s hearing will highlight the benefits of outcome-based budgeting and how it could improve congressional budget decisions. The current input-based process encourages Congress to […]
Enzi: Federal Financial Mismanagement Contributes to Broken Budget Process
WASHINGTON D.C. – During a hearing today focused on the unreliability of federal financial data, Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, said that the federal government’s financial mismanagement contributes to the broken budget process. “The Congressional budget process is fundamentally broken, which has contributed to spiraling levels of overspending and debt,” said […]
Budget Committee to Hold April 6 Hearing on GAO Audit of Unreliable Federal Financial Data
WASHINGTON D.C. – Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, will hold a hearing Wednesday, April 6, 2016 at 10:30am focused on the unreliability of federal financial data based on audits done by the Government Accountability Office (GAO). The Secretary of the Treasury, in coordination with the Director of the Office of Management and Budget […]
Retirement calculator suffered from coding error; senators press for more answers
http://federalnewsradio.com/retirement/2016/03/retirement-calculator-suffered-coding-error-senators-press-answers/ By Jory Heckman | @jmheckmanMarch 9, 2016 12:13 pm The Consumer Financial Protection Bureau told the chairmen of two Senate financial committees it fixed an “isolated coding error” in its retirement planning calculator, but those senators said many questions remain unanswered. In a letter to Sens. Mike Enzi (R-Wyo.) and Richard Shelby (R-Ala.), CFPB Director Richard Cordray said there are […]
Consumer Bureau Response to Broken Retirement Tool Inadequate and Unresponsive
WASHINGTON D.C. – Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, and Senator Richard Shelby (R-AL), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, called a response from the Consumer Financial Protection Bureau (CFPB) “inadequate and unresponsive” after the agency acknowledged problems with its online Social Security retirement calculator, but […]
CBO Revenue Baselines and Tax Reform
WASHINGTON, DC – The Senate Budget Committee today released its March 8, 2016, Budget Bulletin focused on Congressional Budget Office (CBO) Revenue Baselines and Tax Reform. The Budget Bulletin provides regular expert articles by Senate Budget Committee analysts on the issues before Congress relating to the budget, deficits, debt, and the economy. Read the full […]
Senate Budget Committee Postpones Action on FY 17 Budget Resolution
WASHINGTON D.C. – Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, announced today that the committee will postpone possible action on the FY 2017 budget resolution this month, but that discussions will continue on a path forward for the fiscal blueprint. “The Senate Budget Committee will continue to discuss the budget as well […]
Enzi Asks GAO to Investigate Spending by Feds on Public Relations Activities
WASHINGTON D.C. – GAO will initiate a study to identify and quantify the total amount of federal resources dedicated to agency public relations activities, in response to a formal request from Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee. Enzi cited the increasing pressures on limited federal resources combined with the need for […]