Ranking Member Press
Graham Statement on CBO, JCT Confirming True Cost of Dems’ Obamacare Subsidy Expansion
WASHINGTON - Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today made this statement on analysis from the Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) showing Democrats' proposal to significantly expand Obamacare tax subsidies would add billions of dollars to the federal deficit to the benefit of wealthy Americans. "The true cost of expanding the Obamacare subsidies is almost $250 billion when you exclude the budget gimmicks. "Senator M… Continue Reading
07.21.22
CBO, JCT Confirm Dems’ Obamacare Subsidy Expansion Would Cost Billions More than Previously Claimed
WASHINGTON, D.C. - Today, the Congressional Budget Office (CBO) and the Joint Committee on Taxation (JCT) released analysis showing Democrats' proposal to significantly expand Obamacare tax subsidies would add billions of dollars to the federal deficit to the benefit of wealthy Americans. The analysis was in response to a letter requesting the true cost of an expansion of premium tax credits (PTC) sent by Senator Richard Burr (R-NC), Ranking Member of the Senate Health, Education, Labor and Pen… Continue Reading
07.13.22
Graham On Inflation: “Very Sad Day For Americans Struggling To Make Ends Meet”
WASHINGTON - Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today made this statement on annual inflation hitting 9.1 percent. "Record high inflation is not just a number from a government agency. Inflation is about a deteriorating quality of life for everyday working people in South Carolina and across the United States. "Today's shocking number represents families struggling to buy gas, pay for food, and deal with the uncertainties of life. Every cost in the family … Continue Reading
07.12.22
Graham: Raising Taxes on the Verge of a Recession Makes Zero Sense
WASHINGTON - Today, Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) made this statement as Senate Democrats continue to negotiate on a partisan reconciliation bill. "The Democrats' latest Hail Mary on reconciliation does not pass the smell test. "Raising taxes while we stand on the verge of a recession makes zero sense. Democratic tax hikes will be passed on to consumers and only add to the problems Americans face with raging inflation. "The people proposing these new… Continue Reading
05.26.22
Graham: Biden Defense Budget “Woefully Inadequate”
WASHINGTON - Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today commented on President Biden's fiscal year 2023 defense budget request. Graham questioned Navy and Marine Corps leadership on President Biden's fiscal year 2023 Navy and Marine Corps funding request and budget justification as a member of the Senate Appropriations Subcommittee on Defense. GRAHAM: "The number one job of this Congress is to defend the nation and these budgets are woefully inadequate to… Continue Reading
05.25.22
Graham: Budget Agency Projects Dim Future If Nothing Changes
WASHINGTON - Today, Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) reacted to the Congressional Budget Office (CBO) Budget and Economic Outlook: 2022-2032. Click HERE to read Fast Facts on CBO's analysis. "CBO's budget analysis of the coming decade in terms of national debt to GDP and interest on the debt is devastating and catastrophic. It can only be solved by both parties working together. "The looming debt to GDP, projected to hit 110 percent by 2032, will crush … Continue Reading
05.25.22
CBO Budget and Economic Outlook Fast Facts
WASHINGTON - Today the Congressional Budget Office (CBO) released The Budget and Economic Outlook: 2022-2032. This new report contains CBO's projections about how the budget and economy will look under existing laws for the next decade. FAST FACTS on the CBO Budget and Economic Outlook: Record debt will only get worse. By 2032, debt held by the public will be 110% of gross domestic product (GDP), which will be higher than any point in our nation's history. By 2052, CBO projects public debt w… Continue Reading
05.12.22
Graham: If Democrats Think “Medicare for All” Is So Great, Why Not Vote On It?
WASHINGTON - Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today participated in a hearing Chairman Bernie Sanders (I-Vermont) called to discuss the budgetary effects of his "Medicare for All" proposal. GRAHAM: "Medicare for All really becomes Medicare for Nobody over time." https://youtu.be/8Yb5MC3eGC4?t=174 GRAHAM: "You have control of the Senate floor. I welcome a vote on Medicare for All on the floor of the United States Senate this year… If not, why… Continue Reading
05.12.22
Correct the Record: “Medicare for All” Means Medicare for None
WASHINGTON - Democrats have consolidated power in Washington and the world is on fire. Instead of taking responsibility for their poor policy choices, Democrats are intent on spending more and saving less. This latest push from liberal Democrats on so-called "Medicare for All" would mean the end of private health insurance, higher taxes and delays in care. Chairman Bernie Sanders (I-Vermont) interpreted a Mercatus Center study, saying that it shows $2 trillion in savings over a decade. The … Continue Reading
04.12.22
Graham on Record High Inflation
WASHINGTON - Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today made this statement on inflation hitting 8.5 percent in March. "Just when you think it can't get worse, it does. Biden inflation is at record levels and Americans are suffering. Fuel prices are up. Prices at the grocery store have skyrocketed. The price of just about everything in America is going up at a record rate and hitting regular working individuals and families hard. Biden's policies are failing … Continue Reading
03.30.22
Graham on the Biden Budget: More Spending, More Taxes, More Debt
WASHINGTON - Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today gave an opening statement and questioned Director of the Office of Management and Budget Shalanda Young on President Joe Biden's fiscal year 2023 budget request. On The Inadequate Biden Defense Budget: GRAHAM: "The budget regarding the defense needs of this country is woefully inadequate and dangerous. When you look at over the next decade how much we spend on defense you have to ask yourself, the thr… Continue Reading
03.28.22
President Biden’s FY23 Budget Fast Facts
WASHINGTON - On March 28, 2022, President Biden released his fiscal year (FY) 2023 budget request. The Biden Budget is more of the same: "Shell games and budget gimmicks" to hide the fact that his plans are costly, unpopular and unrealistic. FAST FACTS on the FY 23 Biden Budget: The Biden Budget is not serious about deficit reduction. In reality, it takes credit for near-term deficit reduction because emergency COVID-19 spending is going to end soon. President Biden's partisan ARP legislatio… Continue Reading
02.01.22
Graham Questions OMB Nominees During Senate Budget Committee Hearing
WASHINGTON - Senate Budget Committee Ranking Member U.S. Senator Lindsey Graham (R-South Carolina) today questioned nominees to be Director and Deputy Director of the Office of Management and Budget (OMB), Shalanda Young and Nani Coloretti. GRAHAM: "When do you expect that we will get the next [Presidential] budget?" SHALANDA YOUNG: "As you know Senator the State of the Union is March 1. It is typical that the State of the Union would lead into a budget. So that is certainly our expectatio… Continue Reading
12.19.21
Statement from Senate Budget Committee Ranking Member Graham
WASHINGTON - Senate Budget Committee Ranking Member U.S. Senator Lindsey Graham (R-South Carolina) today issued a statement after U.S. Senator Joe Manchin (D-West Virginia) announced his decision not to support the Democrats' Reckless Tax and Spend bill, citing recent analysis from the Congressional Budget Office (CBO). "I very much appreciate Senator Manchin's decision not to support Build Back Better, which stems from his understanding of the Congressional Budget Office's analysis of the bill… Continue Reading
12.16.21
Graham: Democrats Misleading American People on True Cost of Reckless Tax and Spend Bill
WASHINGTON - Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today held a press conference with House Budget Committee Ranking Member Jason Smith (R-Missouri) to discuss the Democrats' Reckless Tax and Spend bill. The Congressional Budget Office (CBO) confirmed the true cost of the bill is $4.9 trillion, and it adds $3 trillion in new debt. On budget gimmicks: GRAHAM: "If you really don't want to vote for a bill that adds to the deficit, then you can't vote for Buil… Continue Reading
12.13.21
In Case You Missed It: “‘Fully Paid For’ Is the Lie of the Year”
WASHINGTON - While the Biden Administration and Congressional Democrats continue to haggle over the size of their Reckless Tax and Spend bill, the Congressional Budget Office (CBO) told Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) that without budget gimmicks, the legislation costs $4.9 trillion and adds $3 trillion in new debt. The Wall Street Journal, Editorial: Real Cost of Biden's Spending Plan "Democratic leaders Nancy Pelosi and Chuck Schumer reacted furious… Continue Reading
12.10.21
Graham: Build Back Better Will Be Death Blow To Our Economy
WASHINGTON - Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today held a press conference to discuss the Congressional Budget Office's (CBO) ten-year analysis of certain provisions in the Democrats' Reckless Tax and Spend bill. CBO confirmed the true cost of the bill is $4.9 trillion, and it adds $3 trillion in new debt. GRAHAM: "Soaring inflation and the true cost of Build Back Better are twin daggers aimed at the heart of the American economy." GRAHAM: "Infl… Continue Reading
12.01.21
CBO Commits to Provide “True Cost” Analysis of Reckless Tax and Spend Bill Over Ten Years
WASHINGTON - Senate Budget Committee Ranking Member U.S. Senator Lindsey Graham (R-South Carolina) today issued a statement after the Congressional Budget Office (CBO) committed to providing an extended ten-year analysis of the provisions in the Democrats' Reckless Tax and Spend bill. "I'm very pleased CBO will be scoring Build Back Better on the premise that spending programs and other new programs do not sunset as written. It would be totally irresponsible to debate this bill before CBO's ne… Continue Reading
11.30.21
Graham: Dems’ Reckless Tax and Spend Bill is a Fraud
WASHINGTON - Senate Budget Committee Ranking Member Lindsey Graham (R-South Carolina) today hosted a briefing on the Democrats' Reckless Tax and Spend bill. Senators heard presentations from the Penn Wharton Budget Model and the Committee for a Responsible Federal Budget (CRFB) and participated in a Q&A session. GRAHAM: "I want to put a fine point on this…This whole bill is a fraud." https://youtu.be/YNumeUaZKTw?t=3439 GRAHAM: "Every Republican on [the Senate Budget] Committe… Continue Reading
11.19.21
Graham Statement on House Passage of Reckless Tax and Spend Bill
WASHINGTON - Senate Budget Committee Ranking Member U.S. Senator Lindsey Graham (R-South Carolina) today issued a statement after the House of Representatives passed the Democrats' Reckless Tax and Spend bill. "This House bill, which is a disaster for the American people, is dead on arrival in the U.S. Senate. "It's an inflation bomb for hardworking Americans and a windfall for Blue State millionaires. It dramatically expands government entitlements and raises taxes across the economy. "I rea… Continue Reading
