WASHINGTON – Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today released this statement after the Congressional Budget Office (CBO) confirmed the Manchin-Schumer “Inflation Reduction Act” would do nothing to address inflation. Last week, Graham asked CBO about the current fragile state of our nation’s economy and the potential impact of this latest Reckless […]
WASHINGTON – Today Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) made this statement after Senator Joe Manchin (D-West Virginia) appeared on five Sunday shows to tout the Democrats’ tax and spending proposal. “After five TV appearances this Sunday by Senator Manchin, it is clear to me that he doesn’t understand how the Manchin-Schumer […]
WASHINGTON – Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today made this statement on analysis from the University of Pennsylvania’s Wharton School of Business Budget Model on the effect the Democrats’ Reckless Tax and Spend bill would have on inflation. “Joe Manchin used to believe in the Penn Wharton Budget Model regarding economic […]
WASHINGTON – Last night, Congressional Democrats revealed an updated version of their so-called “Build Back Better” legislation. Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today asked the Congressional Budget Office (CBO) about the current fragile state of our nation’s economy and the potential impact of this latest Reckless Tax and Spend bill. Graham […]
WASHINGTON – Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today made this statement on Senator Joe Manchin (D-West Virginia) reaching an agreement with Senate Majority Leader Chuck Schumer (D-New York) on a reconciliation bill that includes climate change policy and more taxes. “I can’t believe that Senator Manchin is agreeing to a massive […]
WASHINGTON – Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today made this statement on analysis from the Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) showing Democrats’ proposal to significantly expand Obamacare tax subsidies would add billions of dollars to the federal deficit to the benefit of wealthy Americans. “The true cost […]
WASHINGTON, D.C. – Today, the Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) released analysis showing Democrats’ proposal to significantly expand Obamacare tax subsidies would add billions of dollars to the federal deficit to the benefit of wealthy Americans. The analysis was in response to a letter requesting the true cost of […]
WASHINGTON – Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today made this statement on annual inflation hitting 9.1 percent. “Record high inflation is not just a number from a government agency. Inflation is about a deteriorating quality of life for everyday working people in South Carolina and across the United States. “Today’s shocking […]
WASHINGTON – Today, Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) made this statement as Senate Democrats continue to negotiate on a partisan reconciliation bill. “The Democrats’ latest Hail Mary on reconciliation does not pass the smell test. “Raising taxes while we stand on the verge of a recession makes zero sense. Democratic tax […]
WASHINGTON – Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today commented on President Biden’s fiscal year 2023 defense budget request. Graham questioned Navy and Marine Corps leadership on President Biden’s fiscal year 2023 Navy and Marine Corps funding request and budget justification as a member of the Senate Appropriations Subcommittee on Defense. GRAHAM: […]
WASHINGTON – Today, Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) reacted to the Congressional Budget Office (CBO) Budget and Economic Outlook: 2022-2032. Click HERE to read Fast Facts on CBO’s analysis. “CBO’s budget analysis of the coming decade in terms of national debt to GDP and interest on the debt is devastating and […]
WASHINGTON – Today the Congressional Budget Office (CBO) released The Budget and Economic Outlook: 2022-2032. This new report contains CBO’s projections about how the budget and economy will look under existing laws for the next decade. FAST FACTS on the CBO Budget and Economic Outlook: Record debt will only get worse. By 2032, debt held […]
WASHINGTON – Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today participated in a hearing Chairman Bernie Sanders (I-Vermont) called to discuss the budgetary effects of his “Medicare for All” proposal. GRAHAM: “Medicare for All really becomes Medicare for Nobody over time.” https://youtu.be/8Yb5MC3eGC4?t=174 GRAHAM: “You have control of the Senate floor. I welcome a […]
WASHINGTON – Democrats have consolidated power in Washington and the world is on fire. Instead of taking responsibility for their poor policy choices, Democrats are intent on spending more and saving less. This latest push from liberal Democrats on so-called “Medicare for All” would mean the end of private health insurance, higher taxes and delays […]
WASHINGTON – Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today made this statement on inflation hitting 8.5 percent in March. “Just when you think it can’t get worse, it does. Biden inflation is at record levels and Americans are suffering. Fuel prices are up. Prices at the grocery store have skyrocketed. The price of just […]
WASHINGTON – Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today gave an opening statement and questioned Director of the Office of Management and Budget Shalanda Young on President Joe Biden’s fiscal year 2023 budget request. On The Inadequate Biden Defense Budget: GRAHAM: “The budget regarding the defense needs of this country is woefully […]
WASHINGTON – On March 28, 2022, President Biden released his fiscal year (FY) 2023 budget request. The Biden Budget is more of the same: “Shell games and budget gimmicks” to hide the fact that his plans are costly, unpopular and unrealistic. FAST FACTS on the FY 23 Biden Budget: The Biden Budget is not serious […]
WASHINGTON – Senate Budget Committee Ranking Member U.S. Senator Lindsey Graham (R-South Carolina) today questioned nominees to be Director and Deputy Director of the Office of Management and Budget (OMB), Shalanda Young and Nani Coloretti. GRAHAM: “When do you expect that we will get the next [Presidential] budget?” SHALANDA YOUNG: “As you know Senator the […]
WASHINGTON – Senate Budget Committee Ranking Member U.S. Senator Lindsey Graham (R-South Carolina) today issued a statement after U.S. Senator Joe Manchin (D-West Virginia) announced his decision not to support the Democrats’ Reckless Tax and Spend bill, citing recent analysis from the Congressional Budget Office (CBO). “I very much appreciate Senator Manchin’s decision not to […]
WASHINGTON – Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today held a press conference with House Budget Committee Ranking Member Jason Smith (R-Missouri) to discuss the Democrats’ Reckless Tax and Spend bill. The Congressional Budget Office (CBO) confirmed the true cost of the bill is $4.9 trillion, and it adds $3 trillion in […]
WASHINGTON – While the Biden Administration and Congressional Democrats continue to haggle over the size of their Reckless Tax and Spend bill, the Congressional Budget Office (CBO) told Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) that without budget gimmicks, the legislation costs $4.9 trillion and adds $3 trillion in new debt. The Wall […]
WASHINGTON – Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today held a press conference to discuss the Congressional Budget Office’s (CBO) ten-year analysis of certain provisions in the Democrats’ Reckless Tax and Spend bill. CBO confirmed the true cost of the bill is $4.9 trillion, and it adds $3 trillion in new debt. […]
WASHINGTON – Senate Budget Committee Ranking Member U.S. Senator Lindsey Graham (R-South Carolina) today issued a statement after the Congressional Budget Office (CBO) committed to providing an extended ten-year analysis of the provisions in the Democrats’ Reckless Tax and Spend bill. “I’m very pleased CBO will be scoring Build Back Better on the premise that […]
WASHINGTON – Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today hosted a briefing on the Democrats’ Reckless Tax and Spend bill. Senators heard presentations from the Penn Wharton Budget Model and the Committee for a Responsible Federal Budget (CRFB) and participated in a Q&A session. GRAHAM: “I want to put a fine point […]
WASHINGTON – Senate Budget Committee Ranking Member U.S. Senator Lindsey Graham (R-South Carolina) today issued a statement after the House of Representatives passed the Democrats’ Reckless Tax and Spend bill. “This House bill, which is a disaster for the American people, is dead on arrival in the U.S. Senate. “It’s an inflation bomb for hardworking […]
WASHINGTON – Under the latest version of the Democrats’ Reckless Tax and Spend bill, the non-partisan Joint Committee on Taxation (JCT) analysis confirms it gives tax breaks to the wealthy. Democrats are even taking issue with tax provisions their fellow Democrats pushed to include in the multi-trillion dollar bill. FROM THE DEMOCRATS: Chairman of the […]
WASHINGTON – As the House of Representatives considers the Democrats’ multi-trillion dollar tax and spend proposal this week, the non-partisan Joint Committee on Taxation (JCT) found that the bill would provide almost seventy percent of millionaires with significant tax breaks. JCT’s analysis joins with an earlier study by the Tax Policy Center that showed two-thirds […]
WASHINGTON – Senate Budget Committee Ranking Member U.S. Senator Lindsey Graham (R-South Carolina) today issued a statement on the Committee for a Responsible Federal Budget’s (CRFB) estimate that the Democrats’ Reckless Tax and Spend bill would cost $4.9 trillion if certain provisions were made permanent. Graham has previously noted the Reckless Tax and Spend bill […]
WASHINGTON – Senate Budget Committee Ranking Member U.S. Senator Lindsey Graham (R-South Carolina) today reacted to a report from the Tax Policy Center on the Democrats’ tax proposals in the latest version of their Reckless Tax and Spend legislation. Graham noted that under the Biden Administration and Congressional Democrats’ plan, changes to the State and […]
WASHINGTON – In a letter today to the Congressional Budget Office (CBO), the top Republicans on the House and Senate Budget Committees pushed the agency to provide a true cost estimate of the Democrats’ tax and spending reconciliation bill if provisions within the bill were made permanent, as is the intent of Democrats. House Budget […]