07.31.24 Senator Grassley Opening Statement
Grassley: ‘There are Many Holes in the Rapid EV Transition Fantasy’
Opening Statement by Senator Chuck Grassley of Iowa Ranking Member, Senate Budget Committee Hearing titled, “‘Charging Ahead’ The Future of Electric Vehicles” Wednesday, July 31, 2024 VIDEO Thank you, Mr. Chairman. Welcome to our expert witnesses. Our last hearing was with Congressional Budget Office (CBO) Director Swagel. The hearing was a very welcome event at […]
Letter to Marathon Oil
Whitehouse Statement at Hearing on CBO’s Budget and Economic Outlook
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 “Examining CBO’s Updated 2024-2034 Budget and Economic Outlook.” Chairman Whitehouse’s remarks, as prepared for delivery: I am pleased that we are joined by Director Swagel today to discuss the federal government’s fiscal trajectory. My […]
CBO Director Says High Interest Rates Restrict Federal Policymaking, Stifle Private Sector
WASHINGTON – Senate Budget Committee Ranking Member Chuck Grassley (R-Iowa) today questioned Congressional Budget Office (CBO) Director Phillip Swagel about the dangers of Democrats’ tax proposals, high interest rates and the Biden administration’s regulatory agenda. VIDEO Grassley’s questions, including notable excerpts, follow. Current Interest Levels: Grassley: “Recently, the Wall Street Journal published an essay discussing […]
07.09.24 Chairman Whitehouse Opening Statement
07.09.24 Senator Grassley Opening Statement
At Grassley’s Urging, CBO Director Testifies on the U.S. Budget Outlook for First Time Since 116th Congress
WASHINGTON – Per Ranking Member Chuck Grassley (R-Iowa)’s request, the Senate Budget Committee is hosting Phillip Swagel, director of the nonpartisan Congressional Budget Office (CBO), to testify on the 10-year budget and economic outlook. This Congress, Democrat committee leaders have predominantly focused on climate change and the environment; they also held a hearing on reproductive […]
Budget Committee Initiates Probe into Suspected Collusion Between Big Oil and OPEC
Washington, D.C.—Senate Budget Committee Chairman Sheldon Whitehouse (D-RI) has launched an investigation demanding answers from 18 oil producers about any efforts to illegally coordinate with the Organization of the Petroleum Exporting Countries—the international oil cartel—or representatives of its member countries that would artificially raise prices on American consumers and increase costs for the federal government. The […]