Chairman Enzi’s Statement On President’s FY 2021 Budget Proposal
WASHINGTON, D.C. – Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, issued the following statement today on the President’s fiscal year 2021 budget proposal: “Presidents’ budgets are a reflection of Administration priorities, but in the end, they are just a list of suggestions, as the power of the purse rests with Congress,” said […]
Enzi: Expired Programs Cost Govt. Hundreds of Billions of Dollars
WASHINGTON, D.C. – Senate Budget Committee Chairman Mike Enzi (R-WY) said federal programs with expired authorizations are costing the government hundreds of billions of dollars every year, after a new report was issued by the Congressional Budget Office (CBO). CBO analyzed all the programs and activities funded by Congress through the annual appropriations process and […]
New CBO Budget Outlook Shows Dramatically Higher Long-Term Debt and Deficits
WASHINGTON, D.C. – Senate Budget Committee Chairman Mike Enzi (R-WY) today said the Congressional Budget Office’s (CBO) Budget and Economic Outlook for fiscal years 2020 through 2030 shows the country on an unsustainable fiscal path, with debt and deficits rising sharply. CBO’s extended projections show that the Bipartisan Budget Act of 2019 and legislation enacted last […]
The Trouble Ahead for Federal Trust Funds
The aggregate balance of the hundreds of federal trust funds and other dedicated funds will start declining in two years, according to a new report from the Government Accountability Office. Republican Senators Mike Enzi (WY) and Mike Braun (IN) asked the GAO to review the status of the funds that support Social Security, Medicare, flood […]
GAO Says Federal Trust Fund Bankruptcy Crisis Extends Far Beyond Social Security and Medicare
WASHINGTON—A new report contains blunt warning signs of an approaching fiscal crisis in federal trust funds backing Social Security, Medicare, flood insurance, and many other programs, according to Senate Budget Committee Chairman Mike Enzi (R-Wyo.). “The GAO’s new report is another warning sign that Social Security, Medicare, and other trust fund programs on which many Americans rely are […]
New GAO Report Shows Trust Funds on Unsustainable Course
WASHINGTON, D.C. – The U.S. Government Accountability Office (GAO), the non-partisan government watchdog agency, today released a report requested by Senate Budget Committee Chairman Mike Enzi (R-WY) and Senator Mike Braun (R-IN) warning that some major federal trust fund programs – including Social Security and Medicare – are on an unsustainable course. While total federal […]
JANUARY 2020 SCOREKEEPING REPORT
SENATE PAYGO JAN.2020
Senate Budget Committee Approves Trade Legislation
WASHINGTON, D.C. – The Senate Budget Committee today approved H.R. 5430, The United States-Mexico-Canada Agreement Implementation Act. The agreement is designed to boost economic growth by modernizing the North American Free Trade Agreement (NAFTA). The bill was previously approved by the Senate Finance Committee last week and by the Senate Environment and Public Works Committee […]
AFP Urges Congress to Work Together on Budget Reform
Arlington, Va. – Americans for Prosperity (AFP) released a policy analysis today supporting the Enzi-Whitehouse budget legislation, which lays out five key budget process reforms that would make it easier and more imperative for Congress to address our looming spending and debt problems. The analysis, authored by AFP Senior Policy Fellow Alison Acosta Winters, dives into the Bipartisan Congressional Budget […]