Chairman News

11.21.19

Enzi-Whitehouse Budget Process Bill Includes Important Reforms

by Committee for a Responsible Federal Budget

The Senate Budget Committee recently marked up and reported bipartisan legislation to reform the budget process. The Bipartisan Congressional Budget Reform Act, introduced by Chairman Enzi (R-WY) and Senator Whitehouse (D-RI), would improve transparency and accountability in the budget process. It would make the budget resolution into a more effective governing tool by making it easier for policymakers to choose fiscal targets and stick with them. That, we hope, would mean putting the debt on a … Continue Reading


11.14.19

Enzi’s Long-Shot Push for Budget Reform

by Zach C. Cohen

It was almost done. After an hour-and-a-half of debate last week on reforming the way Congress budgets billions of dollars every year, Sen. Michael Enzi refused to call a vote on his bill. Most of the members of the panel were present except for those also on the Judiciary Committee, who were at the White House basking in their effort with President Trump to remake the federal judiciary. So Enzi, the retiring chairman of the Budget Committee, reconvened his committee mere minutes later in an o… Continue Reading


11.13.19

Broken Budget Blues? Senators Enzi, Whitehouse May Have A Remedy For That

by Andrew Lautz

You don't need to be a legislative expert to know that the Congressional budget process is broken. Total public debt is $23 trillion and counting, which is the equivalent of more than 103 percent of the nation's gross domestic product (GDP), and the fiscal year (FY) 2019 federal budget deficit alone approached $1 trillion. Lawmakers have time and time again proven unwilling to make politically difficult but fiscally responsible decisions, all the while careening from budget crisis to budget cris… Continue Reading


11.11.19

Bipartisan Reforms Get Budget Committee OK

by MARK TAPSCOTT

WASHINGTON-A package of fundamental reforms in how Congress does federal budgeting received overwhelmingly bipartisan support at the committee level and is now heading to the Senate floor, where it could face big hurdles. The principal sponsors of the Bipartisan Congressional Budget Reform Act of 2019 are Senate Budget Committee Chairman Mike Enzi (R-Wyo.) and committee member Sen. Sheldon Whitehouse (D-R.I.). The budget panel approved the legislation Nov. 6 on a 15-6 vote, with support by… Continue Reading


11.08.19

Yahoo! Budget Process Reforms Move Forward.

by Taxpayers for Commonsense

Considering the cacophony coming out of the Capitol, it would be excusable to have not heard about an important bipartisan piece of legislation moving forward. But this week the Senate Committee on the Budget put its stamp of approval on the Bipartisan Congressional Budget Act. Co-sponsored by Senate Budget Committee Chair Mike Enzi (R-WY) and Sen. Sheldon Whitehouse (D-RI) along with more than a dozen of their colleagues from both parties, this bill is the first bipartisan budget process reform… Continue Reading


11.07.19

Senate Committee Approves Budget Reforms

by Fiscal Times Staff

The Senate Budget Committee on Wednesday approved a bipartisan bill that aims to reform the federal government's budget process. The Bipartisan Congressional Budget Reform Act "would provide a more orderly and deliberative budget process focused on long-term fiscal planning," according to committee chair Sen. Mike Enzi (R-WY), who sponsored the bill along with Sen. Sheldon Whitehouse (D-RI). Here's Whitehouse's summary of what the bill would do: Move the budget resolution to a two-year cycle… Continue Reading


11.06.19

Concord Coalition Praises Bipartisan Senate Budget Reform Plan

by Concord Coalition

WASHINGTON - The Concord Coalition said today that a new budget process reform bill co-sponsored by Senate Budget Committee Chair Mike Enzi (R-WY) and Budget Committee member Senator Sheldon Whitehouse (D-RI) proposes reforms that would address some of the most vexing problems plaguing the current budget process. The Bipartisan Congressional Budget Reform Act is also co-sponsored by Senators Grassley (R-IA), Kaine (D-VA), Crapo (R-ID), King (I-ME), Graham (R-SC), Coons (D-DE), Barrasso (R-WY), … Continue Reading


11.05.19

The unglamorous job of federal budgeting

by Sen. Michael B. Enzi and Sen. Sheldon Whitehouse

OPINION - It is no secret that a vast majority of Americans disapprove of the job Congress is doing. Too often our political debates are characterized by hyperpartisanship, rather than achieving meaningful outcomes for the American people. Nowhere is this problem more acute than when it comes to our inability to address our country's unsustainable fiscal course. Our current budget process is broken, as evidenced by mounting debt and deficits, a patchwork of temporary spending bills, government … Continue Reading


11.04.19

Bipartisan Senate Bill Seeks Major Reforms in Budget Process

by MARK TAPSCOTT

Senate Budget Committee Chairman Mike Enzi (R-Wyo.) and committee member Sen. Sheldon Whitehouse (D-R.I.) introduced the "Bipartisan Congressional Budget Reform Act" to provide "a more orderly, deliberative budget process focused on long-term fiscal planning." Enzi and Whitehouse added in a statement announcing their proposal that they believe "it would end the brinksmanship surrounding the debt limit and encourage bipartisan collaboration in tackling our growing debt and deficits." Co-spo… Continue Reading


11.01.19

Fair and Smart Budget Reforms Deserve Vote

by Committee for a Responsible Federal Budget

Senate Budget Committee Chairman Mike Enzi (R-WY) and committee member Senator Sheldon Whitehouse (D-RI) released bipartisan legislation Friday to reform the federal budget process. The legislation is co-sponsored by Senators Grassley (R-IA), Kaine (D-VA), Crapo (R-ID), King (I-ME), Graham (R-SC), Coons (D-DE), Barrasso (R-WY), Blunt (R-MO), Johnson (R-WI), Perdue (R-GA), Kennedy (R-LA), Cramer (R-ND), and Braun (R-IN). The following is a statement from Maya MacGuineas, president of the Committe… Continue Reading


10.23.19

ENZI CRITICIZES PENSION BAILOUT, SAYING IT WOULD COST TAXPAYERS

by Brendan LaChance

CASPER, Wyo. - Wyoming's United States Senator Mike Enzi criticized the "Rehabilitation for Multiemployer Plans Act of 2019" in a speech on the floor of the Senate. The bill has passed the U.S. House of Representatives, but a Wednesday, Oct. 23 statement from Enzi's office says if it becomes law, it "would bail out some of the worst-funded multiemployer pension plans at taxpayers' expense." "'My concern with this bill is not just with its immediate costs to taxpayers, but also what it would me… Continue Reading


10.17.19

Senate Budget Committee Makes Budget Reports Available for the Public Online

by Allen Johnson

Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, announced the first release of a new Senate scorekeeping report. The report will provide regular budgetary updates to promote transparency in federal spending. The Congressional Budget Act of 1974 requires Chairmen of House and Senate Budget Committees to provide members of Congress with regular updates on the effects that congressional actions have on the budget. Up until now, to comply with the law, Chairman Enzi compared cu… Continue Reading


10.08.19

Enzi's Proposals Aim to Improve the Budget Process

by CFRB

Senate Budget Committee Chairman Mike Enzi (R-WY) has developed a series of draft budget process reforms. As we've explained before, the current budget process is broken. We commend Chairman Enzi's effort to begin fixing the process, and we encourage policymakers in both parties to work with Chairman Enzi on adopting a better budget process. Chairman Enzi's latest recommendations build on proposals from 2016 and follow a series of hearings this year. The recommendations include moving to bienni… Continue Reading


09.15.19

Survey Finds 53 Percent of Likely Voters Oppose Pension Bailout

by MARK TAPSCOTT

A national survey of likely voters found a majority of them oppose a taxpayer-funded bailout of ailing union pension plans approved earlier this year by the Democratic majority in the House of Representatives. "The latest Rasmussen Reports national telephone and online survey finds that 53 percent of likely U.S. voters oppose a taxpayer bailout of underfunded union pension funds," the survey firm said Sept. 14. "Just 26 percent support a pension bailout. A sizable 21 percent are undecided." Am… Continue Reading


09.10.19

CBO: Proposed Bailout of Failing Union Pensions Funds Will Not Work, as Loans Will Go Unpaid

by MARK TAPSCOTT

READ the CBO Estimate HERE WASHINGTON-Dozens of seriously under-funded trade union pension plans will not repay millions of dollars in tax-funded government loans intended to help them regain financial integrity and pay promised benefits, according to the Congressional Budget Office (CBO). "CBO projects that about one-quarter of the affected pension plans would become insolvent in the 30-year loan period and would not fully repay their loans," the congressional agency told Sen. Mike Enzi (R-Wy… Continue Reading


09.09.19

CBO: Union pensions still facing insolvency under rescue bill

by Doug Sword

READ the CBO Estimate HERE A labor-backed pension rescue measure pushed by House and Senate Democrats would only delay the projected insolvency of some ailing union retirement plans, according to new Congressional Budget Office estimates released at Senate Budget Chairman Michael B. Enzi's request. The bill (HR 397) passed the House 264-169 in July with 29 Republicans joining a unified Democratic caucus. But top Republicans like Ways and Means ranking member Kevin Bradyof Texas and Education a… Continue Reading


09.01.19

A first step toward budget process reform

by JONATHAN BYDLAK

The problems with budgeting in the United States are so well-established that one might say the dysfunction has become a feature, not a bug. Legislators do not budget according to any rules - at least not since the mid-1990s. The way the current process is supposed to work - budget, then authorize then appropriate - was established in the 1974 Budget Act, legislation that arose out of a standoff between President Nixon and Congress over the former's overuse of impoundment power to withhold fund… Continue Reading


08.16.19

Editorial misleads on tax cuts, federal budget woes

by Sen. Mike Enzi

A recent editorial ("Our View: Deficit would be zero if not for tax cuts," Aug. 11) criticizing tax relief for American families and job creators makes a number of misleading assertions and glosses over uncomfortable facts that we as a nation must confront. Our country is on an unsustainable fiscal course, but this situation did not arise overnight or as result of the 2017 tax reform, which reduced the taxes for workers in every income bracket on average. In fact, last week the nonpartisan Con… Continue Reading


08.15.19

Pursuing Budget Process Reform

by Gordon Gray

Eakinomics: Pursuing Budget Process ReformGuest authored by Gordon Gray, Director of Fiscal Policy at AAF When President Trump signed the Bipartisan Budget Act of 2019 into law on August 2nd, Congress officially cleared the decks of much of its must-do legislating for the next 2 years. Given the dim prospects of serious policymaking during a presidential campaign, perhaps this 2-year agreement is just a practical necessity. But not all policymakers are resigned to meaningless "messaging." Sena… Continue Reading


08.14.19

Senator Enzi Restarts the Discussion on Budget Reform

by Demian Brady

The problems with the current budget process are legion. The timetables established in the Congressional Budget Act of 1974 are rarely met, resulting in government shutdowns, omnibus budget bills, and, with the exception of a handful of years, annual deficit spending. The abomination known as the Bipartisan Budget Act of 2019 is the latest illustration of how bad the budgeting process is in Congress. One of its many serious flaws is that it eliminated the remaining two years of caps on discret… Continue Reading

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