Chairman's Press

01.15.16

CBO: Government Will Spend Over $310 Billion on Expired Programs

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 separate laws. Senate Budget Committee Chairman Mike Enzi (R-WY) said it was time for Congress to take a closer look at these funds. "A… Continue Reading


01.12.16

Retirement calculator glitch gave misleading information

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 Banking, Housing and Urban Affairs, claim the Consumer Finance Protection Bureau gave prospective retirees … Continue Reading


01.11.16

BUDGET BULLETIN: 2016 Omnibus Spending Bill Epilogue

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. Excerpts follow: Use of the Omnibus: Combining Appropriations to Resolve Impasses Recent fiscal years have seen a variety of omnibus per… Continue Reading


01.06.16

Congress Approves Far-Reaching Obamacare Repeal

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 of Obamacare to actually reach the president's desk," said Chairman Enzi. "Most Americans are still opposed to this u… Continue Reading


01.06.16

Lawmakers Want Answers On Consumer Agency’s Faulty Retirement Benefit Planner

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 Af… Continue Reading


01.06.16

Senators: CFPB Miscalculated With Retirement Tool

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 independent agency's retir… Continue Reading


01.05.16

Senate Republicans blast consumer panel's glitchy retirement calculator

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) why its retirement cal… Continue Reading


12.16.15

Senate Chairmen: Consumer Protection Bureau Retirement Calculator Broken

"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 retirement calculator that produces flawed results for Americans looking for clear and accurate i… Continue Reading


12.16.15

2015 Budget Committee Chairman's Report

The 2015 Senate Budget Committee Chairman's Report:… Continue Reading


12.16.15

2015 Budget Year in Review GRAPHIC

The 2015 Senate Budget Committee Year In Review by the numbers.… Continue Reading


12.15.15

2015 Budget Year In Review

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 through the budget reconciliation process. "Republicans in the Senate have been focused on putting our country on not just another course, but a better… Continue Reading


12.09.15

Enzi: We Must Understand Economic Impact Of America’s Regulations

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 state, not as fluctuations in statistical data, but in lost jobs and in the concerns that people have about the future of their communities," said Chairman Enzi. "T… Continue Reading


12.03.15

Senate Approves Far-Reaching Obamacare Repeal

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 bill, the Senate today has passed the most comprehensive and far-reaching repeal of Obamacare possible," said Chairman Enzi. "Most Americans… Continue Reading


12.01.15

Chairman Enzi: From Obamacare’s Broken Promises to Better Care

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 ever. For millions of Americans, the law today represents nothing more than broken promises, higher costs and fewer choices," said … Continue Reading


11.03.15

Chairman Enzi: Two-Year Budgets Will Make Spending Process More Transparent

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 the federal spending process and help make government more accountable. "The worst kept secret in Washington is that we essentially operate on a … Continue Reading


10.29.15

Budget Committee to Hold Nov.4 Hearing on Biennial Budgeting

WASHINGTON D.C. - Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, will hold a hearing Wednesday, November 4, 2015 at 10:30am on a biennial approach to better budgeting. Testifying will be Senator Johnny Isakson (R-GA), Senator Thomas Carper (D-DE), Mr. William G. Batchelder, the former Speaker of the Ohio House of Representatives and Mr. Robert L. Bixby, Executive Director of the Concord Coalition. The hearing can be streamed here. WHAT: Hearing: A Biennial Approach … Continue Reading


10.28.15

CBO Report Shows Senate Committees Have Authorized $2.2 Billion Less Than Budgeted

WASHINGTON D.C. - At the request of Senate Budget Committee Chairman Mike Enzi (R-WY), the Congressional Budget Office (CBO) released a report for October 2015 that tracks the budgetary impact of enacted legislation against the FY 2015 deemed budget resolution and the FY 2016 balanced budget resolution approved by Congress earlier this year. The CBO report provides a status update on Congress' progress against the balanced budget resolution passed earlier this year. The report shows that over th… Continue Reading


10.27.15

BUDGET BULLETIN: How Back-End Spending Impacts the Budget

WASHINGTON, DC - The Senate Budget Committee today released its October 27, 2015, issue of the Budget Bulletin focused on back-end spending and its impacts on the federal budget. 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. Excerpts follow: How Back-End Agency Spending Impacts the Budget Congress acts on the "front end" … Continue Reading


10.23.15

Chairman Enzi: Help the economy by stopping onslaught of regulations

Washington, D.C. - It is often said that there are two constants in life - death and taxes, but according to U.S. Senator Mike Enzi, R-Wyo., it appears there is one more issue that Americans can't seem to escape from- regulations. Speaking on the Senate floor today, Enzi said this inability to escape federal regulations is making it harder for Americans by slowing down the economy and making it more difficult to find a good job. "This is a relationship that is clear to the people that exper… Continue Reading


10.21.15

Enzi: Healthy Budget Process Strengthens Democracy

WASHINGTON D.C. - Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, today held a hearing on the need to take action on reforming the federal budget process. Testifying were Michael Peterson, President and CEO of the Peter G. Peterson Foundation and Dr. Douglas Holtz-Eakin, President of the American Action Forum and former director of the Congressional Budget Office (CBO). "A well-functioning budget process strengthens democracy by giving citizens a better understanding of gove… Continue Reading

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