Oversight

05.11.16

Wanted: A Budget That Matters

by Senator Mike Enzi (R-WY)

Probably the worst kept secret in Washington is that America's budget process is broken. As chairman of the committee tasked with putting together a budget every year, I should know. Last year was a big one for our committee, because after years without a budget, the Senate last year was able to pass its first joint balanced budget since 2001. Unfortunately, just six months later it was ignored, and as a result our deficit and debt rose significantly. America's broken budget process no longer f… Continue Reading


04.28.16

Senate Considers Fixes to America’s Broken Budget Process

WASHINGTON, DC - The Senate Budget Committee today released its April 28, 2016, Budget Bulletin focused on fixes to the broken budget process. 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. Excerpts follow: The Problem: Broken Budgets and Out-of-Control Spending In theory, the annual budget process begins on the first Monday in February with submission of the presid… Continue Reading


04.27.16

Enzi: Put America on a Better Path

WASHINGTON D.C. - During the Senate Budget Committee's fourth hearing on the broken budget process, Chairman Mike Enzi (R-WY) today said that fixing the budget will help put the nation on a better path by providing more predictability, transparency, and accountability to spending by the federal government. "Both parties agree that our budget process is broken, and now is the time to fix it," said Chairman Enzi. "Instead of the current budget, which is designed to fail both Congress and the pu… Continue Reading


04.22.16

Budget Committee to Hold April 27 Hearing on Fixing the Budget Process: Better Budgets, Better Results

WASHINGTON D.C. - Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, will hold the fourth in a series of hearings Wednesday, April 27, 2016 at 10:30am on how to fix America's broken budget process. The hearing will focus on how better budgets will produce better results. Testifying will be Barry Anderson, Former Acting Director of the Congressional Budget Office (CBO), James Capretta, Ethics and Public Policy Center Senior Fellow, American Enterprise Institute, and Stan Collende… Continue Reading


04.21.16

Chairman Enzi Vows a Bipartisan Budget Process Overhaul

by Jennifer Shutt, CQ Roll Call

Senate Budget Chairman Michael B. Enzi on Wednesday refrained from specifying what changes to the federal budget process could be drafted into an overhaul bill he hopes to release in May. But he said he plans to produce a proposal that would garner support from committee Democrats and that President Barack Obama would be willing to sign before the end of the year, an ambitious timetable. "The main focus is coming up with a budget that is transparent and enforceable, which we don't have now. An… Continue Reading


04.20.16

Enzi: Fixing Broken Budget Process Can Help Address Runaway Spending and Debt

WASHINGTON D.C. - During a hearing today focused on fixing the broken budget process and restoring stability to government operations, Senate Budget Committee Chairman Mike Enzi (R-WY) said that improving the broken budget process could help America succeed in addressing runaway spending and our explosive national debt. "America's current budget process is designed to fail. It is time to focus on creating a transparent, accountable, and predictable process that actually fits the problem," said … Continue Reading


04.18.16

Chairman Research Test


04.18.16

Enzi Files Topline Numbers to Establish FY 17 Senate Budget Framework

WASHINGTON D.C. - Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, today filed the topline spending numbers agreed to in the Bipartisan Budget Act (BBA) of 2015 last fall, which allows the Chairman of the Senate Budget Committee to enforce the Congressional Budget Act of 1974 and points of order. This language also allows the Senate Appropriations Committee to begin its work on annual spending bills immediately. "Congressional passage of the spending deal last year made top-li… Continue Reading


04.15.16

The Broken Budget Process & How Mike Enzi Wants to Fix it

by Michelle Cottle

If it's April, it must be budget season in Congress-or, more specifically, time for Congress to blow its annual budget deadline. April 15 is the official target. But no one takes that seriously. Often, lawmakers spend an extra month or so hammering out a budget resolution. More often these days, they opt not to pass one at all. Senate Budget Committee Chairman Mike Enzi, for one, is fed up. Looking to spotlight the insanity, he is holding a series of hearings this month exploring "How to fix th… Continue Reading


04.13.16

Enzi: It’s Time For a Better Budget Process

WASHINGTON D.C. - During the Senate Budget Committee's second in a series of hearings focused on America's broken budget process, Chairman Mike Enzi (R-WY) today said congressional budgets are no longer governing documents and are increasingly ignored, leaving the country without a long-term plan. He said it's time for a better budget process that allocates taxpayer resources effectively and efficiently. "It's long past time for a serious, constructive conversation about how we fix our broken … Continue Reading


04.13.16

GAO Report on Duplication Highlights Effect of Broken Budget Process

WASHINGTON D.C. - Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, released the following statement today after the Government Accountability Office (GAO) issued a new report highlighting program duplication that has arisen because of America's broken budget process. "The duplication highlighted in GAO's new report is because of America's broken budget process, and contributes to the nation's spiraling levels of overspending," said Chairman Enzi. "A better budget process wil… Continue Reading


04.12.16

Establishing an FY17 Senate Budget Framework

WASHINGTON, DC - The Senate Budget Committee today released its April 12, 2016, Budget Bulletin focused on establishing a fiscal year 2017 Senate Budget framework. 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: Producing a Senate Budget Framework The Bipartisan Budget Act of 2015 (BBA-15, P.L. 114-74) requ… Continue Reading


04.07.16

Budget Committee to Hold April 13 Hearing on Fixing Broken Budget Process

WASHINGTON D.C. - Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, will hold the second in a series of hearings Wednesday, April 13, 2016 at 10:30am focused on fixing the broken budget process. Wednesday's hearing will highlight the benefits of outcome-based budgeting and how it could improve congressional budget decisions. The current input-based process encourages Congress to ask how much more it can spend on a program. Changing this process to an outcome-based approach would… Continue Reading


04.06.16

Enzi: Federal Financial Mismanagement Contributes to Broken Budget Process

WASHINGTON D.C. - During a hearing today focused on the unreliability of federal financial data, Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, said that the federal government's financial mismanagement contributes to the broken budget process. "The Congressional budget process is fundamentally broken, which has contributed to spiraling levels of overspending and debt," said Chairman Enzi. "But it's important to understand that the broken budget process is just one part of … Continue Reading


04.01.16

Budget Committee to Hold April 6 Hearing on GAO Audit of Unreliable Federal Financial Data

WASHINGTON D.C. - Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, will hold a hearing Wednesday, April 6, 2016 at 10:30am focused on the unreliability of federal financial data based on audits done by the Government Accountability Office (GAO). The Secretary of the Treasury, in coordination with the Director of the Office of Management and Budget (OMB), annually prepares the consolidated financial statements of the U.S. Government, for Congress and the Administration to use i… Continue Reading


03.24.16

U.S. News: The Budget's Broken. It's Time to Fix It

by Chairman Mike Enzi (R-WY)

The recent spending and debt deal clearly illustrates that the federal budget process is in serious need of reform. America's current budget challenges are directly related to this breakdown and fixing it can put the country on a more responsible spending path going forward. If there was any doubt that the federal budget process is broken, consider this: Congress has passed budget resolutions in less than half of the last 15 fiscal years, and prior to this year's balanced budget resolution, the… Continue Reading


03.09.16

Retirement calculator suffered from coding error; senators press for more answers

http://federalnewsradio.com/retirement/2016/03/retirement-calculator-suffered-coding-error-senators-press-answers/ By Jory Heckman | @jmheckmanMarch 9, 2016 12:13 pm The Consumer Financial Protection Bureau told the chairmen of two Senate financial committees it fixed an "isolated coding error" in its retirement planning calculator, but those senators said many questions remain unanswered. In a letter to Sens. Mike Enzi (R-Wyo.) and Richard Shelby (R-Ala.), CFPB Director Richard C… Continue Reading


03.09.16

Consumer Bureau Response to Broken Retirement Tool Inadequate and Unresponsive

WASHINGTON D.C. - Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, and Senator Richard Shelby (R-AL), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, called a response from the Consumer Financial Protection Bureau (CFPB) "inadequate and unresponsive" after the agency acknowledged problems with its online Social Security retirement calculator, but failed to fully address the problems or adequately fix them. The Chairmen note the agency's retirement cal… Continue Reading


03.09.16

Consumer Bureau Response to Broken Retirement Tool “Inadequate and Unresponsive”

WASHINGTON D.C. - Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, and Senator Richard Shelby (R-AL), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, called a response from the Consumer Financial Protection Bureau (CFPB) "inadequate and unresponsive" after the agency acknowledged problems with its online Social Security retirement calculator, but failed to fully address the problems or adequately fix them. The Chairmen note the agency's retirement cal… Continue Reading


03.09.16

Retirement calculator suffered from ‘coding error'; senators press for more answers

by Jory Heckman

In a letter to Sens. Mike Enzi (R-Wyo.) and Richard Shelby (R-Ala.), CFPB Director Richard Cordray said there are legitimate reasons why the agency's retirement calculator produced different results from a similar tool available on the Social Security Administration's website. "The Bureau appreciates the Committee's concern regarding certain differences in estimates," Cordray wrote. "We share this concern, so Bureau staff worked to ensure our tool is both informative and reliable … burea… Continue Reading

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