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 […]
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 […]
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 […]
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 […]
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 […]
http://www.govexec.com/oversight/2016/02/federal-agencies-receive-audit-their-pr-spending/126005/ By Eric Katz The Government Accountability Office is launching an investigation to shed a light on a sector of federal agency spending long kept in the shadows: advertising. GAO’s announcement came after some powerful lawmakers have pressed agencies for more disclosure into their spending on public relations and advertising. A 2014 Congressional Research Service report found […]
WASHINGTON D.C. – Senate Budget Committee Chairman Mike Enzi (R-WY) today announced the appointment of Jim Neill as Coalitions and Outreach Director. The position, focused on grassroots and business trade associations, will increase the dialogue and exchange of ideas between the Committee and organizations focused on the federal budget process and debt reduction. “I am […]
WASHINGTON D.C. – Republican members of the Senate Budget Committee today issued the following statements after President Obama released his final budget, which joins his previous fiscal blueprints in pushing for more taxes, more spending, more deficits and more debt for the nation. “The President’s final budget continues his focus on new spending proposals instead […]
WASHINGTON D.C. – Senate Budget Committee Chairman Mike Enzi (R-WY) and House Budget Committee Chairman Tom Price (R-GA) today announced that both committees will not hold a hearing hosting the Director of the Office of Management and Budget to review the president’s FY 2017 Budget. “It appears the President’s final budget will continue to focus […]
WASHINGTON D.C. – During a hearing today focused on spending on unauthorized programs, Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, said that the issue exposes a fundamental breakdown in America’s budget process that could have significant consequences for not only government, but also the nation. “An essential premise of good government is […]
http://www.politico.com/agenda/story/2016/02/government-agencies-programs-unauthorized-000036-000037#ixzz3z7dndI7W By DANNY VINIK The Federal Bureau of Investigation, the Drug Enforcement Agency, and the Bureau of Alcohol, Tobacco, Firearms and Explosives have not been reauthorized by Congress since 2009. The State Department hasn’t been reauthorized since 2003. For the Federal Trade Commission and National Weather Service, it’s 1998 and 1993, respectively. The Federal Election Commission has been […]
WASHINGTON D.C. – Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, will hold a hearing Wednesday, February 3, 2016 at 10:00am focused on spending on unauthorized and expired programs. The Congressional Budget Office (CBO) recently released a report on these programs, which noted that the federal government is set to spend more than $310 billion on these programs this […]
WASHINGTON D.C. – Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, will hold a hearing Tuesday, January 26, 2016 at 10:30am focused on the Congressional Budget Office’s (CBO) Budget and Economic Outlook for fiscal years 2016 – 2026. Testifying will be CBO Director Keith Hall. The hearing can be streamed here. WHAT: […]
WASHINGTON D.C. – Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, released the following statement after the Congressional Budget Office (CBO) issued a summary of its Budget and Economic Outlook: 2016 to 2026 that showed that overspending is projected to be $544 billion this year, which is $105 billion more than last year, […]
http://www.thefiscaltimes.com/2016/01/18/Why-Government-Spending-310-Billion-Unauthorized-Programs By Martin Matishak January 18, 2016 The federal government is on pace to spend around $310 billion in 2016 on programs that have expired, according to a new analysis by the non-partisan Congressional Budget Office (CBO). The 166-page annual report, titled “Unauthorized Appropriations and Expiring Authorizations,” looks at all programs and entities funded through […]
WASHINGTON D.C. – The federal government will spend more than $310 billion in fiscal year 2016 on programs and activities whose statutory authorization for funding has expired, according to a Congressional Budget Office (CBO) report released today. The $310 billion has been awarded to a wide array of expired programs and entities originally authorized under 256 […]
http://bit.ly/1RJJSh7 By Jory Heckman | @jmheckman January 7, 2016 12:43 pm The chairmen of two Senate financial committees claim an agency’s online retirement planning calculator misled seniors about how much they could expect to receive in retirement benefits. Sens. Mike Enzi (R-Wyo.), chair of the Senate Budget Committee, and Richard Shelby (R-Ala.), chair of the Senate Committee on […]
WASHINGTON, DC – The Senate Budget Committee today released its January 11, 2016, Budget Bulletin focused on the 2016 omnibus spending bill. 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 Bulletin here. […]
Measure Will Head to President for First Time WASHINGTON D.C. – The United States Congress, through the budget reconciliation process, passed the most comprehensive and far-reaching repeal of Obamacare to reach the president’s desk. The Senate approved the legislation last month, and the House approved today. “Congress has passed the most comprehensive and far-reaching repeal […]
http://dailycaller.com/2016/01/05/gop-lawmakers-want-answers-on-consumer-agencys-faulty-retirement-benefit-planner/ JULIEGRACE BRUFKE Republican senators want answers on why a retirement calculator created by the Consumer Financial Protection Bureau (CFPB) is providing flawed results. In a letter written to CFPB director Richard Cordray in December, Senate Committee on the Budget Chairman Mike Enzi of Wyoming and Senate Committee on Banking, Housing, and Urban Affairs Chairman Richard Shelby of Alabama […]
http://morningconsult.com/alert/gop-senators-cfpb-miscalculated-with-retirement-tool/ Two Senate GOP committee chairmen criticized the Consumer Financial Protection Bureau for releasing a retirement benefits calculator that they say is inaccurate and duplicative of a similar Social Security Administration tool. Senate Banking Committee Chairman Richard Shelby (R-Ala.) and Budget Committee Chairman Mike Enzi (R-Wyo.) wrote to CFPB Director Richard Cordray and said the […]
http://thehill.com/policy/finance/banking-financial-institutions/264780-senate-republicans-blast-glitchy-retirement[thehill.com] By Sylvan Lane – 01/05/16 12:02 PM EST Two top Senate Republicans are asking a consumer protection agency why an online retirement planning tool offers incorrect guidance to users. Sens. Mike Enzi (R-Wyo.) and Richard Shelby (R-Ala.), chairmen of the Senate Budget and Banking committees, asked the Consumer Financial Protection Bureau (CFPB) […]
“Retirement Tool” Duplicates Efforts by Social Security Administration 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, today blasted the Consumer Financial Protection Bureau (CFPB) for carelessly spending government resources on a duplicative and wasteful […]
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From a Balanced Budget to Obamacare Repeal WASHINGTON D.C. – Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, said today that with the Senate under new Republican management, the Budget Committee has played an important role by working to pass the first ten-year balanced budget since 2001 and approving the repeal of Obamacare […]
WASHINGTON D.C. – During a hearing today on regulatory budgeting, Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, said it was vital to understand the cumulative costs and impact of regulations on the economy imposed by federal agencies through new rules. “The effects of regulation can be seen every day in my home […]
WASHINGTON D.C. – The United States Senate today passed the most comprehensive and far-reaching repeal of Obamacare possible. The House of Representatives is expected to take up and pass the Senate approved version shortly, which would send repeal legislation to the President for the first time in his tenure. “With approval of this budget reconciliation […]
WASHINGTON D.C. – Senate Budget Committee Chairman Mike Enzi (R-WY) today noted that Americans are ready to move past Obamacare’s broken promises to better health care as the U.S. Senate opened debate on repealing the president’s health care law as part of the budget reconciliation process. “Obamacare still remains unworkable, unaffordable, and more unpopular than […]
WASHINGTON D.C. – During a second Senate Budget Committee hearing on fixing America’s broken budget process, Chairman Mike Enzi (R-WY) today said that moving the nation to a biennial budget would create more stability and predictability for agencies as well as state and local governments. Most importantly, he said, it will increase the transparency of […]