Oversight

09.15.16

Accounting for Federal Credit Programs

WASHINGTON, DC - The Senate Budget Committee today released its September 15, 2016, Budget Bulletin focused on Accounting for Federal Credit Programs. The Budget Bulletin provides regular expert articles by Senate Budget Committee analysts on the issues before Congress relating to the budget, deficits, debt, and the economy. During a recent Committee hearing, Congressional Budget Office (CBO) Director Keith Hall noted the agency's long-held view that fair value scoring provides a more comprehen… Continue Reading


09.14.16

Enzi: CBO Must Continue to Provide Objective and Insightful Information to Congress

WASHINGTON D.C. - Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, today during an oversight hearing of the Congressional Budget Office (CBO), said that it was crucial for CBO to provide objective and insightful information to Congress, while also increasing transparency of the agency's analysis and operations. "CBO recently released its latest round of projections this year," said Chairman Enzi. "What this report heralded should not be a surprise to anyone. CBO has continual… Continue Reading


08.11.16

Enzi Gains Support From Outside Congress for Budget Overhaul

by Paul M. Krawzak

A bipartisan group that advocates changes in the budget process expressed support Thursday for several that were suggested by Senate Budget Chairman Michael B. Enzi. The Committee for a Responsible Federal Budget released a paper explaining why it backs Enzi's proposals to end the vote-a-rama practice, set aside dedicated time to consider appropriations bills and make the Senate budget resolution and amendments available in advance, among other proposals. Enzi, R-Wyo., released a dozen or so p… Continue Reading


07.17.16

Return to supercommittee mulled in Senate

by Joseph Lawler

Although overshadowed by the presidential campaign, a serious move is underway in Congress to try to end the dysfunction around the budget process and set up new fiscal commissions to reduce the debt. The effort, led by Senate Budget Committee Chairman Mike Enzi and bipartisan interlocutors, is not an attempt to reach a grand bargain or solve any of the fiscal problems that face the country. Instead, the senators are discussing overhauling the way Congress sets budgets and appropriates funds t… Continue Reading


07.15.16

Budget Chairmen: Dept. of Ed’s Rule Could Cost Taxpayers Billions

WASHINGTON D.C. - Senate Budget Committee Chairman Mike Enzi (R-WY) and House Budget Committee Chairman Tom Price (R-GA) have asked the Department of Education for additional information concerning a new proposal by the department that could add as much as $41 billion to the cost of the federal student loan program over the next decade, according to an administration estimate. Read the full letter to the Department of Education here. Excerpts follow: "This is the latest in a series of admin… Continue Reading


07.14.16

Budget reforms would end Senate vote-a-rama

by JOSEPH LAWLER (@JOSEPHLAWLER)

The former accountant has only a small window of opportunity, however. He said in May that any reforms would need to be enacted before the November elections, so that neither party would know whose majority or White House would be affected by the reforms. Congress has scheduled only five more weeks of work before voters head to the polls, thanks to lengthy summer breaks for both chambers. Stay abreast of the latest developments from nation's capital and beyond with curated News Alerts … Continue Reading


07.14.16

Budget Perspectives for Fannie and Freddie

WASHINGTON, DC - The Senate Budget Committee today released its July 14, 2016, Budget Bulletin focused on Budget Perspectives for Fannie and Freddie. The Budget Bulletin provides regular expert articles by Senate Budget Committee analysts on the issues before Congress relating to the budget, deficits, debt, and the economy. Read the full Senate Budget Bulletin here. Excerpts follow: Fannie Mae and Freddie Mac, which play a key role in the U.S. housing-finance system, have been in conservators… Continue Reading


07.13.16

Senate Budget Overhaul Ideas from Enzi

by Jennifer Shutt and Paul M. Krawzak

Eliminating the vote-a-rama, making it tougher to waive budget points of order and creating enforceable, long-term fiscal targets are among ideas for overhauling the budget process that Senate Budget Chairman Michael B. Enzi will unveil Wednesday, according to a document obtained by CQ. Moreover, the Wyoming Republican is saying these concepts have gained some level of bipartisan support on the committee. An aide said Enzi still wants to mark up budget process overhaul legislation before the en… Continue Reading


07.13.16

How to Break Through America's Budget Gridlock

by By Sen. Mike Enzi (R-WY)

Last year could have been a big one for Congress, because it was able to pass its first joint balanced 10-year budget resolution since 2001 - a budget blueprint that would have put the nation's finances on a sustainable fiscal path. Unfortunately, within a month it was ignored. The truth is America's budget process is broken, and this dysfunction is preventing Congress from tackling the pressing fiscal challenges facing our country. The current budget process is designed only to spend, which fa… Continue Reading


07.13.16

Budget chairman proposes bipartisan overhaul of congressional budget process

by Tom Howell Jr.

Senate Budget Committee Chairman Mike Enzi on Wednesday will propose the first bipartisan overhaul of Congress' budget process in four decades, saying lawmakers should outline two years of spending at a time and then stick to their plans. The Wyoming Republican hopes to put an end to the last-minute deadline showdowns that have plagued Capitol Hill over the last six years by forcing the Senate to debate spending bills soon after the annual budget is finished. "Instead of a functioning appropri… Continue Reading


07.13.16

Enzi: Time to Unstick Washington’s Budget Gridlock

WASHINGTON D.C. - Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, today highlighted bipartisan, common sense solutions to fix America's broken budget process that Enzi said will place the country on a better, more sustainable fiscal path. "America's budget process is broken, and it is preventing Congress from tackling the pressing fiscal challenges facing our country," said Chairman Enzi. "The current budget process is designed only to spend and fails hardworking taxpayers. … Continue Reading


06.30.16

Emergency Spending Designations

WASHINGTON, DC - The Senate Budget Committee today released its June 30, 2016, Budget Bulletin focused on the use of Emergency Spending Designations. The Budget Bulletin provides regular expert articles by Senate Budget Committee analysts on the issues before Congress relating to the budget, deficits, debt, and the economy. Read the full Senate Budget Bulletin here. Excerpts follow: There are currently three separate emergency designations available to senators for budget enforcement purposes… Continue Reading


06.16.16

Options to Fix the Broken Federal Budget Process

Read the full Senate Budget Bulletin here.… Continue Reading


06.09.16

Hill Budget Committees Rev Up Reform Engines

by John Shaw

WASHINGTON (MNI) - The House and Senate Budget committees are trying to rev up their budget reform engines this week, with a House hearing and a private Senate meeting on the matter. These efforts are part of a broader bid to draft legislation this summer that would overhaul the congressional budget process. The House Budget Committee is holding a hearing Thursday at 9:30 a.m. ET on budget process reforms, focusing on entitlement spending and funding for unauthorized programs. A panel of fisca… Continue Reading


06.06.16

Senate Budget Members to Huddle With Two Former Chairmen on Overhaul This Week

by Jennifer Shutt, CQ Roll Call

Former Senate Budget Committee chairmen Judd Gregg and Kent Conrad will meet with current committee members on Wednesday to talk about overhauling the budget process. A committee aide told CQ that the closed-door meeting, which will be followed by a private roundtable question-and-answer session, is part of an ongoing effort by Budget Committee Chairman Michael B. Enzi to change key elements in Congress' budget process. The meeting will be closed to the public and the press, so lawmakers can "… Continue Reading


05.26.16

Enzi: I want you to know what keeps me awake nights

VIDEO Washington, D.C. - As the nation continues to add to its $19 trillion debt, U.S. Senator Mike Enzi, R-Wyo., says he can't get to sleep at night over fearful thoughts about his grandkids and the bleak future for them because of the federal government's overspending. "I hear them ask 'You were there; why didn't you fix it? Why didn't you give us the same chance you had?" Enzi said yesterday speaking on the Senate floor. The answers to fixing the country, according to Enzi, can't just come f… Continue Reading


05.25.16

Enzi Pushes for Regulatory Budget

WASHINGTON D.C. - Senate Budget Committee Chairman Mike Enzi (R-WY) today joined Senators Mike Lee (R-UT) and Marco Rubio (R-FL) to push for legislation to establish a regulatory budget, which would calculate the costs of federal regulations on hardworking families and small businesses for the first time. "Overregulation breaks the spirit of innovation that has traditionally pushed our nation to greatness," said Chairman Enzi. "It is time to bring the true costs of federal regulations out of t… Continue Reading


05.19.16

Enzi Receives Fiscal Hero Award for Efforts to Fix Budget Process, Address National Debt

WASHINGTON D.C. - Senate Budget Committee Chairman Mike Enzi (R-WY) this week was named a Fiscal Hero for his efforts to fix America's broken budget process, improve the nation's fiscal future and address the core drivers of the national debt. "Congress must tackle the pressing fiscal challenges facing our country, including the government's out of control spending and skyrocketing national debt," said Chairman Enzi. "But today, budgets are increasingly ignored, and our spending bills are mont… Continue Reading


05.18.16

Enzi Asks For Honest Accounting of Higher Ed Proposal

WASHINGTON D.C. - Senate Budget Committee Chairman Mike Enzi (R-WY) today issued a letter asking the Congressional Budget Office (CBO) Director to score S. 2677, the In the Red Act of 2016, which includes several costly higher education spending initiatives. Lacking accountability measures, it is unclear whether the bill would actually increase college access for students and families, or if it would trigger tuition increases that could affect the spiraling college costs for the 40 million Amer… Continue Reading


05.13.16

Top Senators Make A Case For A Better Budget Process

by Juliwegrace Brufke

The Senate's seeming inability to pass a budget is not due to party conflicts but the budget process itself, two top senators said during a panel discussion at the Peterson Foundation 2016 Fiscal Summit in Washington, D.C. Wednesday. Senate Budget Committee Chairman Mike Enzi of Wyoming said the process isn't substantive and is often used for political purposes. He cited how the upper chamber had a budget last year, managed to pass 11 of the twelve spending bills, yet still ultimately ended up … Continue Reading

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