Sessions Addresses Debate Over Disaster Funding In CR
WASHINGTON—U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, issued the following statement today regarding spending offsets for disaster funding in the continuing resolution now under consideration in the Senate: “Throughout this year we have seen a stark contrast: Republicans in Congress have tried to responsibly manage the federal budget by reducing […]
Sessions Comments On Stopgap Funding Measure
WASHINGTON—U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, issued the following statement today regarding the consideration of a short-term continuing resolution: “The current debate over yet another stopgap funding measure should be understood in one fundamental context: Senate Democrats have shunned their basic governing responsibility. They failed to follow regular order, […]
Sessions Asks: What Did Sebelius Know About Health Program’s Unsustainable Cost?
WASHINGTON—U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, joined a bicameral group of lawmakers in sending a letter to Kathleen Sebelius, Secretary of the Department of Health and Human Services, about the CLASS Act, a long-term care program created as part of the president’s healthcare bill. The letter calls on Sebelius to […]
By The Numbers: Phony Cuts And Bogus Savings In President’s New Fiscal Plan
“I’m proposing real, serious cuts in spending… All told, this plan cuts $2 in spending for every dollar in new revenues.” – President Obama unveiling his deficit plan, September 19, 2011 $1.4 trillion Actual deficit reduction through 10 years under the president’s plan, less than half the amount promised Zero Percent of deficit reduction that […]
SBC Analysis Of The President’s Mid-Session Review: Despite Promises, Deficit Plan Still Missing
By law, the administration is required to provide by July 16 an update of the president’s proposed budget for the coming fiscal year. The update, which has come to be known as the Mid-Session Review (MSR), must provide revised estimates of receipts, outlays, budget authority, and budget deficits, taking into account information such as newly […]
SBC Analysis: President’s Deficit Plan Fails To Cut Spending By One Penny
Properly accounting for the effect of the president’s proposed policy changes, the actual amount of net deficit reduction proposed by the president is $1.409 trillion, consisting of $146 billion in spending increases and $1.555 trillion in tax increases.
Timeline Of Washington Democrats’ “Leadership” On The Deficit
“It’s irresponsible, it’s wrong, it’s a failure of leadership, it’s absent without leave… Can you imagine the greatest threat to our country, dwarfs any other problem this nation has… and the president’s not providing any leadership? The commander-in-chief is absent from battle.” – Ranking Member Jeff Sessions, interview on FOX News January 25, 2011 – In […]
At Budget Hearing, Sessions Details “Astounding” Inaccuracies In President’s Plan
“The White House says that the president’s plan achieves $3.2 trillion in deficit reduction. The actual deficit reduction is only $1.4 trillion… The White House asserts $2 in cuts for every $1 in tax hikes… In reality, under the president’s plan, the net change in spending is an increase… This has become the pattern: the […]
Sessions: No Net Spending Cuts In President’s Deficit Plan
“The White House is trying to be clever at the expense of being credible… [they claim] the president’s plan is $2 in spending cuts for every $1 in tax hikes. But in truth, the president’s deficit reduction comes entirely from tax hikes. Total federal spending, including the stimulus, will increase under the president’s plan, not decrease. On […]
Sessions Remarks On President’s Stimulus Plan And Discredited Keynesian Predictions
“Now, in the grips of crisis, we are told the president has a new plan to revive the economy. We received a proposal on Monday, with no fiscal details, that just offers more of the same. It calls for a sudden increase in the deficit with a promise to pay for it at a later […]