Sen. Whitehouse: Climate change is placing unprecedented strain on our nation’s infrastructure

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 “Beyond the Breaking Point: The Fiscal Consequences of Climate Change on Infrastructure.” Chairman Whitehouse’s remarks, as prepared for delivery:  Ranking Member Grassley, members of the committee, witnesses, and guests, welcome to the tenth in our series on […]

House Republicans’ Cuts Would Cost Jobs, Slow Economic Growth, CBO Finds

Washington, D.C. – Reneging on the bipartisan budget agreement that was signed into law to avoid a catastrophic default, House Republicans are proposing cuts to Fiscal Year 2024 spending bills that would cost a half a million jobs and reduce GDP growth by $138 billion next year, according to analysis published today by the nonpartisan Congressional Budget Office. […]