‘The Most Irresponsible Spending Plan In Our Time’: Sessions Reacts To CBO Score, Renews Call For Honest Budgeting
WASHINGTON—U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, made the following statement today after the release of the Congressional Budget Office’s analysis of the president’s budget, which revealed that the official White House proposal concealed an additional $2.3 trillion in deficits and, within a decade, would quadruple our nation’s publicly held […]
Sessions, Hatch Ask Medicare Trustees To Account For Medicare Double Counting In Next Estimate On Medicare Solvency
Dear Honorable Trustees: We strongly reject the notion that the spending reductions from and the payroll tax increases to the Medicare Hospital Insurance (HI) trust fund enacted in the new health care law (the Patient Protection and Affordable Care Act, or PPACA) can both improve the government’s ability to pay future Medicare benefits and finance […]
Don’t Retreat On Spending Cuts: Sessions Argues Momentum Is On Side Of Action
“America’s strength is measured not by the size of our government but by the scope of our freedoms. Endless spending, taxing, and borrowing is a certain path to decline.” WASHINGTON—U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, delivered remarks on the Senate floor today explaining that Republicans stand behind a strong, […]
Balanced Budget Amendment Would Pave Way For Unprecedented Economic Growth
WASHINGTON—U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, issued the following statement today after all 47 Republican Senators joined to introduce a balanced budget amendment to the U.S. Constitution: “In the Budget Committee we have heard countless warnings from expert after expert and witness after witness. We are on a dangerous […]
Effects Of The Budget Control Act Sequester On Defense Spending
The Budget Control Act imposed caps on discretionary spending and provided a mechanism for achieving an additional $1.5 trillion in deficit reduction over the next 10 years through the Joint Select Committee on Deficit Reduction (the so-called supercommittee). The failure of the supercommittee to find that additional deficit reduction will cause a $1.2 trillion spending […]
Sessions Comments On Committee’s Analysis Revealing True Impact Of Defense Sequestration
WASHINGTON—U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, issued the following statement today upon the release of a new Budget Committee analysis about the concrete effects of the sequester on both defense and non-defense spending. In light of the supercommittee’s failure to reach a deficit reduction agreement, the disproportionate nature of […]
Sessions Remarks On Supercommittee Announcement
“Had the president made clear he wanted an agreement, a deal would have been achieved. It seems clear he wanted a campaign issue instead. Rather than confronting the great threat of our time—our $15 trillion debt—the commander-in-chief fled the battlefield.” WASHINGTON—U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, issued the following […]
Citing Gimmicks And Spending Increases, Sessions To Oppose Appropriations Bill
“It is strange and bizarre that we have tasked a committee of 12 to achieve deficit reduction at the same time that Congress is working to increase the deficit with bills such as this… With the president at the helm, Washington is continuing to steer the ship of state towards financial disaster. I therefore oppose […]
Sessions: Debt Deal Includes Yet Another Washington Gimmick To Conceal Deficit Spending
“[Under the Budget Control Act,] we’re supposed to spend $1,043 billion, down $7 billion from $1,050 billion in discretionary spending last year. Unfortunately, this is just one more empty Washington promise. Because the bill was rushed to passage in the 59th minute of the 11th hour, nobody knew the gimmick at the time… The truth […]
Questions And Concerns: What’s Really In The Gang Of Six Proposal?
When the Gang of Six constituted itself after the Fiscal Commission submitted its report in December 2010, its apparent mission was to turn the Commission’s proposals into legislative language in a way that could potentially be added to the debt limit bill and that would achieve the Commission’s proposed savings. Yesterday the Gang released an […]