Sessions Reacts to Sobering Reports on Social Security and Medicare, Inability of Senate Dems to Present Budget Plan
WASHINGTON—U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, made the following statement today after the Social Security and Medicare Trustees issued their annual reports on the financial status of the two programs, which show the projected insolvency date of Social Security has moved up to 2036 from 2037 and the insolvency […]
Conrad Statement of Support for Higginbottom Nomination
“I intend to support the President’s nomination of Heather Higginbottom to be Deputy Director of the Office of Management and Budget. Ms. Higginbottom is fully qualified for this position. Her service in the White House and the Senate has given her a broad knowledge of federal policy and the operations of the government. “Ms. Higginbottom […]
Conrad Welcomes Bernanke Call for Action on Long-Term Debt
Washington, D.C. – Senate Budget Committee Chairman Kent Conrad (D-ND) today welcomed comments from Federal Reserve Chairman Ben Bernanke calling for action on reducing the nation’s long-term debt. In testimony before the Senate Budget Committee, Chairman Bernanke urged adoption of a long-term debt reduction plan, while cautioning against near-term actions that could harm the economic […]