CBO: National Debt to Reach Record Share of GDP in Just Three Years
WASHINGTON – Senate Budget Committee Ranking Member Chuck Grassley (R-Iowa) today issued a statement on the Congressional Budget Office (CBO)’s new 10-year budget and economic outlook. “Congressional Democrats and the White House ought to read this report cover to cover. After reviewing the data, it’d be unthinkable for anyone to consider continuing down the current […]
Whitehouse Calls for Making the Wealthy and Corporations Pay Their Fair Share, Putting American Workers and Families First in 2025 Tax Debate
Washington, D.C.—U.S. Senator Sheldon Whitehouse (D-RI), Chairman of the U.S. Senate Budget Committee, issued the following statement echoing the Biden Administration’s call to fix the tax system so it helps hardworking Americans and the middle class, rather than the wealthy and well-connected: “As Congress gears up for the 2025 tax debate, Republicans are lining up […]
06.12.24 Chairman Whitehouse Opening Statement
06.12.24 Senator Grassley Opening Statement
Grassley Opening Remarks on Tax Loopholes
Opening Statement by Senator Chuck Grassley of Iowa Ranking Member, Senate Budget Committee Hearing titled, “Making Wall Street Pay Its Fair Share: Raising Revenue, Strengthening Our Economy” Wednesday, June 12, 2024 VIDEO Mr. Chairman, Initially, I thought today’s hearing related to federal revenues was a nice change of pace, particularly when compared to […]
Whitehouse: Our Tax Code Is Corrupted and Rotten
Washington, D.C.— U.S. Senator Sheldon Whitehouse (D-RI), Chairman of the U.S. Senate Budget Committee, delivered the following opening statement at today’s hearing, titled “Making Wall Street Pay Its Fair Share: Raising Revenue, Strengthening Our Economy.” Chairman Whitehouse’s remarks, as prepared for delivery: Ranking Member Grassley, members of the committee, witnesses, and guests, welcome. Next year, a number of […]
Whitehouse, Boyle Call on Federal Reserve to Begin Cutting Interest Rates
Washington, D.C. – Today, Senate Budget Committee Chairman Sheldon Whitehouse and House Budget Committee Ranking Member Brendan F. Boyle sent a letter to Federal Reserve Board Chair Jerome Powell ahead of this week’s Federal Open Market Committee (FOMC) meeting, expressing concern over the harmful economic effects of prolonged elevated interest rates and calling on the Fed to […]
06.05.24 Senator Whitehouse Opening Statement
Grassley Underscores Need to Tackle $34.5 Trillion Debt, Exploding Interest Rates
Opening Statement by Senator Chuck Grassley of Iowa Ranking Member, Senate Budget Committee Hearing titled, “Riskier Business: How Climate is Already Challenging Insurance Markets” Wednesday, June 5, 2024 VIDEO If the federal government is going to remain ready to respond to natural disasters and national emergencies, wehave to have the capabilityof doing that.It […]
Whitehouse Opening Statement at Hearing on Insurance Upheaval from Climate Change
Washington, D.C.— U.S. Senator Sheldon Whitehouse (D-RI), Chairman of the U.S. Senate Budget Committee, delivered the following opening statement at today’s hearing, titled “Riskier Business: How Climate Change is Already Challenging Insurance Markets.” Chairman Whitehouse’s remarks, as prepared for delivery: Members of the Committee, witnesses, guests. More than a year has passed since our hearing on climate havoc […]