WASHINGTON – U.S. Senator Lindsey Graham (R-South Carolina), Chairman of the Senate Budget Committee, today made this statement after voting to confirm Russ Vought as the next Director of the Office of Management and Budget (OMB). Vought was confirmed by a vote of 53-47. “I look forward to working with OMB Director Russ Vought and congratulate him […]
WASHINGTON – U.S. Senator Lindsey Graham (R-South Carolina), Chairman of the Senate Budget Committee, today released the text of the Senate’s Fiscal Year 2025 Budget Resolution. The FY 2025 budget resolution will be the blueprint that unlocks the pathway for a fully paid for reconciliation bill to secure the border, bolster our military, increase American energy […]
WASHINGTON – U.S. Senator Lindsey Graham (R-South Carolina), Chairman of the Senate Budget Committee, today announced the committee will mark up the Senate’s Fiscal Year 2025 budget resolution next week. The FY 2025 budget resolution will be the blueprint that unlocks the pathway forward for a fully paid for reconciliation bill to secure the border, bolster […]
WASHINGTON – U.S. Senator Lindsey Graham (R-South Carolina), Chairman of the Senate Budget Committee, today made this statement after the committee voted to advance Russ Vought’s nomination to be Director of the Office of Management and Budget to the floor. “I was very pleased that Russ Vought was reported out of the Budget Committee unanimously […]
WASHINGTON – U.S. Senator Lindsey Graham (R-South Carolina), Chairman of the Senate Budget Committee, today questioned President Donald Trump’s nominee to be Director of the Office of Management and Budget (OMB), Russ Vought. This is the first hearing Graham has chaired in the 119th Congress. GRAHAM: “What’s the most important function of the federal government, in […]
WASHINGTON – U.S. Senator Lindsey Graham (R-South Carolina) made this statement after he was elected Senate Budget Committee Chairman by the Republican conference for the 119th Congress on December 20, 2024. “I am honored to have been elected Senate Budget Committee Chairman by the Republican conference. The Senate Budget Committee – through the reconciliation process – will […]
WASHINGTON – Today, Senators Chuck Grassley (R-Iowa) and Sheldon Whitehouse (D-R.I.), in their respective capacities as Ranking Member and Chairman of the Senate Budget Committee during the 118th Congress, released a bipartisan staff report on the findings of their investigation into the ways in which private equity investment in health care has negative consequences for […]
WASHINGTON – Tens of thousands of documents uncovered as a result of a Senate Budget Committee investigation into Credit Suisse’s World War II-era accounts indicate extensive new evidence of previously unknown or only partially known Nazi-linked account holders. The bank failed to disclose these accounts during prior investigations. Sens. Chuck Grassley (R-Iowa) and Sheldon Whitehouse (D-R.I.) […]
Opening Statement by Senator Chuck Grassley of Iowa Ranking Member, Senate Budget Committee Hearing titled, “Next to Fall: The Climate-Driven Insurance Crisis is Here – And Getting Worse” Wednesday, December 18, 2024 VIDEO Our time at the helm of the Budget Committee is coming to an end. Disappointingly, it’s ending the same way it […]
WASHINGTON – The nonpartisan Congressional Budget Office (CBO) today estimated the Fiscal Year (FY) 2024 deficit was $1.8 trillion, double what the agency projected when the Biden-Harris administration took office. Senate Budget Committee Ranking Member Chuck Grassley (R-Iowa) issued the following statement on the need to reverse course. “President Biden and Vice President Harris have […]
WASHINGTON – Ranking Member Chuck Grassley (R-Iowa) today issued the following statement on the Congressional Budget Office (CBO)’s report, “An Analysis of the President’s 2025 Budget.” “Biden-Harris pie-in-the-sky policy proposals are so unrealistic CBO can’t even calculate their budget impact. This administration’s unprecedented lack of transparency and fiscal discipline is insulting to Congress and the […]
WASHINGTON – The nonpartisan Congressional Budget Office (CBO) issued its fiscal analysis of the Biden-Harris administration’s Medicare Part D Premium Stabilization Demonstration Program. Among other findings, CBO estimates the program – which the Centers for Medicare & Medicaid Services (CMS) launched to artificially lower seniors’ premiums that have surged due to Democrat policymaking – could […]
Opening Statement by Senator Chuck Grassley of Iowa Ranking Member, Senate Budget Committee Hearing titled, “The Costs of Inaction: Economic Risks from Housing Affordability” Wednesday, September 25, 2024 VIDEO Mr. Chairman, [Housing affordability] is an issue central for Iowans and all Americans, something they care about deeply. It’s very central to what both Republicans […]
Opening Statement by Senator Chuck Grassley of Iowa Ranking Member, Senate Budget Committee Hearing titled, “Social Security Forever: Delivering Benefits and Protecting Retirement Security” Wednesday, September 11, 2024 VIDEO Before I continue my opening statement, I want to acknowledge today being the 23rd anniversary of the 9/11 attacks. Time can’t erase the horrors of that […]
WASHINGTON – Senate Budget Committee Ranking Member Chuck Grassley (R-Iowa) and House Budget Committee Chairman Jodey Arrington (R-Texas) are calling for a Congressional Budget Office (CBO) analysis of a demonstration program the Biden-Harris administration launched to artificially lower Medicare Part D premium payments using taxpayer dollars. This Premium Stabilization Demonstration Program is a reaction to […]
Opening Statement by Senator Chuck Grassley of Iowa Ranking Member, Senate Budget Committee Hearing titled, “‘Charging Ahead’ The Future of Electric Vehicles” Wednesday, July 31, 2024 VIDEO Thank you, Mr. Chairman. Welcome to our expert witnesses. Our last hearing was with Congressional Budget Office (CBO) Director Swagel. The hearing was a very welcome event at […]
WASHINGTON – Senate Budget Committee Ranking Member Chuck Grassley (R-Iowa) today questioned Congressional Budget Office (CBO) Director Phillip Swagel about the dangers of Democrats’ tax proposals, high interest rates and the Biden administration’s regulatory agenda. VIDEO Grassley’s questions, including notable excerpts, follow. Current Interest Levels: Grassley: “Recently, the Wall Street Journal published an essay discussing […]
WASHINGTON – Per Ranking Member Chuck Grassley (R-Iowa)’s request, the Senate Budget Committee is hosting Phillip Swagel, director of the nonpartisan Congressional Budget Office (CBO), to testify on the 10-year budget and economic outlook. This Congress, Democrat committee leaders have predominantly focused on climate change and the environment; they also held a hearing on reproductive […]
WASHINGTON – Senate Budget Committee Ranking Member Chuck Grassley (R-Iowa) today issued a statement on the Congressional Budget Office (CBO)’s new 10-year budget and economic outlook. “Congressional Democrats and the White House ought to read this report cover to cover. After reviewing the data, it’d be unthinkable for anyone to consider continuing down the current […]
Opening Statement by Senator Chuck Grassley of Iowa Ranking Member, Senate Budget Committee Hearing titled, “Making Wall Street Pay Its Fair Share: Raising Revenue, Strengthening Our Economy” Wednesday, June 12, 2024 VIDEO Mr. Chairman, Initially, I thought today’s hearing related to federal revenues was a nice change of pace, particularly when compared to […]
Opening Statement by Senator Chuck Grassley of Iowa Ranking Member, Senate Budget Committee Hearing titled, “Riskier Business: How Climate is Already Challenging Insurance Markets” Wednesday, June 5, 2024 VIDEO If the federal government is going to remain ready to respond to natural disasters and national emergencies, wehave to have the capabilityof doing that.It […]
Opening Statement by Senator Charles Grassley of Iowa Ranking Member, Senate Budget Committee “Droughts, Dollars and Decisions: Water Scarcity in a Changing Climate” Wednesday, May 22, 2024 VIDEO Mr. Chairman,Ithank you for recognizing the tragedy that happened in Greenfield, Iowa. If you werewatching morning television that’s national, you would have seen it on television […]
Opening Statement by Senator Charles Grassley of Iowa Ranking Member, Senate Budget Committee “Budgeting for the Storm: Climate Change and the Costs to National Security” Wednesday, May 15, 2024 VIDEO Thank you, Mr. Chairman. This is the Budget Committee’s 17th hearing on climate change this Congress, but it is the first with […]
Opening Statement by Senator Chuck Grassley of Iowa Ranking Member, Senate Budget Committee “Reducing Paperwork, Cutting Costs: Alleviating Administrative Burdens in Health Care” Wednesday, May 8, 2024 VIDEO Mr. Chairman, thank you for holding today’s hearing on reducing administrative burdens in health care. Our country spends more than 4.5 trillion dollars annually on health care. […]
WASHINGTON – The Wall Street Journal amplified concerns Iowans are sharing at Sen. Chuck Grassley’s (R-Iowa) 99 county meetings regarding our nation’s budgetary crisis. In a recent column discussing the “bizarre” climate agenda set by the Senate Budget Committee’s Democrat majority, the Wall Street Journal emphasized Iowans’ rightful frustration with Washington, D.C.’s refusal to focus […]
Prepared Opening Statement by Senator Chuck Grassley of Iowa Ranking Member, Senate Budget Committee Hearing on “Denial, Disinformation, and Doublespeak: Big Oil’s Evolving Efforts to Avoid Accountability for Climate Change” Wednesday, May 1, 2024 VIDEO Thank you, Mr. Chairman. I want to start by airing some disappointments I have regarding the process of this hearing […]
WASHINGTON – Senate Budget Committee Republicans’ push to reorient the committee’s focus to fiscal matters is taking hold in Washington. Under Democratic leadership, the Budget Committee this Congress has held 15 hearings on the climate and just three directly on the budget. Republicans received kudos for their letter this week pushing back on the committee’s […]
Opening Statement by Senator Chuck Grassley of Iowa Ranking Member, Senate Budget Committee “Sunny Places for Shady People: Offshore Tax Evasion by the Wealthy and Corporations” Wednesday, April 10, 2024 VIDEO Mr. Chairman, I appreciate your holding today’s hearing on offshore tax evasion and closing the tax gap.I have some experience in this area. […]
WASHINGTON – Ranking Member Chuck Grassley (R-Iowa) and eight Senate Budget Committee Republicans shared with Chairman Sheldon Whitehouse (D-R.I.) pressing facts about the U.S. economic outlook, calling on him and majority committee members to focus on fiscal matters. Under Democrat leadership, the committee this Congress has convened 15 hearings on climate and just three on […]
BUTLER COUNTY, IOWA – Senate Budget Committee Ranking Member Chuck Grassley (R-Iowa) today released responses Dr. Joao Gomes submitted for the record after serving as a minority witness at a hearing titled “Recreation at Risk: The Nature of Climate Costs.” Gomes is a senior vice dean at the University of Pennsylvania Wharton School, which administers […]