BUDGET BULLETIN: Social Security Replacement Rates
The Senate Budget Committee today released its October 6, 2015, issue of the Budget Bulletin focused on Social Security replacement rates. 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.
UPDATED BUDGET BULLETIN: Debt-Limit Debate New Budget Committee and Treasury Forecasts
The Senate Budget Committee today updated its recent issue of the Budget Bulletin focused on the debt-limit debate to include new Budget Committee and Treasury forecasts. 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.
Enzi: Congress Should Pass Annual Spending Bills Instead of Continuing Resolutions
Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, today released the following statement after the Senate passed a short-term continuing resolution, which would fund government agencies through December 11, 2015.
BUDGET BULLETIN: 2016 Continuing Resolution
The Senate Budget Committee today released its September 29, 2015, issue of the Budget Bulletin focused on the 2016 Continuing Resolution, which would fund government agencies through December 11, 2015. 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.
BUDGET BULLETIN: Fall Debt-Limit Debate
The Senate Budget Committee today released its September 15, 2015, issue of the Budget Bulletin focused on the debt-limit debate. 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.
CBO Report Shows Impact of Budget Caps on Overspending
Senate Budget Committee Chairman Mike Enzi (R-WY) today released the following statement in response to the Congressional Budget Office’s (CBO) “Update to the Budget and Economic Outlook: 2015 to 2025.” Enzi noted that that report shows the positive impact of the budget caps, passed as part of the bipartisan Budget Control Act, on the federal government’s overspending.
Sen. Ayotte Holds Field Hearing with IRS Commissioner to Examine Tax-Related ID Theft
On Wednesday, August 26, U.S. Senator Kelly Ayotte (R-N.H.) will hold a Budget Committee field hearing with Internal Revenue Service (IRS) Commissioner John Koskinen on the IRS’ handling of fraudulent tax returns. Ayotte invited Commissioner Koskinen to participate in the hearing in order to hear directly from New Hampshire residents who have been victims of tax-related identity theft or have had other tax-related issues. The US Government Accountability Office (GAO) and Treasury Inspector General for Tax Administration (TIGTA) have both examined how the IRS deals with fraudulent returns and found billions in revenue lost due to lack of detection.
Senators Pledge to Work Together on Wildfire Funding
Eleven United States Senators today, led by Senate Budget Committee Chairman Mike Enzi (R-WY), inserted the following statements into the Congressional Record on the need to work together to find a solution to address budget concerns surrounding wildfire funding and fire suppression.
New Report Shows Importance of Dynamic Scoring
A new report issued by the Joint Committee on Taxation (JCT) and the Congressional Budget Office (CBO) on the Tax Relief Extension Act of 2015, which would extend certain expired tax provisions, shows the importance of dynamic scoring said Senate Budget Committee Chairman Mike Enzi (R-WY) today.
SENATORS McCAIN & ENZI INTRODUCE THE USA ACT TO SAVE BILLIONS IN TAXPAYER DOLLARS
U.S. Senator John McCain (R-AZ) and Senate Budget Committee Chairman Mike Enzi (R-WY) today introduced the USA Act, legislation that would implement recommendations included in the Government Accountability Office’s annual duplication report to reduce waste and create efficiencies throughout the federal government. One of the key savings in this legislation would be the replacement of the dollar bill with the more sustainable and efficient dollar coin, which is estimated to generate at least $4.4 billion and up to $13.8 billion in taxpayer savings.