Oversight

12.05.14

Sessions: Restoring Opportunity For American Workers Highest Priority For New GOP Congress

WASHINGTON-U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, issued the following statement today as the Bureau of Labor Statistics reported that the population of Americans not in the labor force increased to more than 92.4 million last month: "While there was some modest improvement in this morning's jobs report headline, millions of Americans felt another month go by out of work and with little hope of finding a job. The report gives the appearance of progress, b… Continue Reading


11.12.14

Sessions Lays Out Financial Agenda For New GOP Majority In Address To Coolidge Foundation Budget Conference

WASHINGTON-U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, delivered the following keynote address today at the Calvin Coolidge Presidential Foundation's national budget conference. Sessions emphasized the need to balance the federal budget within 10 years, impose financial discipline on federal agencies, and improve economic conditions for American workers: "I would like to thank all of our distinguished panelists. In particular, I would like to thank the Calvin … Continue Reading


10.23.14

Health Policy Experts Agree With SBC Analysis Of CBO Data: Obamacare Makes Deficits Worse

"I will not sign a [health care] plan that adds one dime to our deficits -- either now or in the future. I will not sign it if it adds one dime to the deficit, now or in the future, period." President Barack Obama, remarks to a Joint Session of Congress (September 9, 2009) ***** "One of the strongest arguments for passage of the law was the contention, backed up by a CBO estimate [at the time], that its combination of tax increases and spending cuts would exceed the cost of the law and reduce … Continue Reading


10.16.14

Highlights Of Waste And Abuse In The Obama Administration

In advance of President Obama unveiling his FY 2015 budget earlier this year, senior White House staff signaled to the Washington Post that the plan would "call for an end to era of austerity." This despite the fact that the nation has spent $21.1 trillion since 2009. Gross federal debt has increased by $7.23 trillion (or more than 68 percent) since that time, yet President Obama and his allies continue to insist that more "investments" are needed. But the federal government already wastes hund… Continue Reading


10.16.14

Obamacare’s Five Biggest Broken Promises

1. Won't Add To The Deficit: In a speech before a joint session of Congress in 2009, the President had this to say: "And here's what you need to know. First, I will not sign a plan that adds one dime to our deficits-either now or in the future. I will not sign it if it adds one dime to the deficit, now or in the future, period." He later added that "it is paid for. It is fiscally responsible. And it will help lift a decades-long drag on our economy." REALITY: A Senate Budget Committee analysi… Continue Reading


10.14.14

Analysis Of CBO Data Shows That Obamacare Will Increase Deficit Over Next Decade

Notwithstanding the numerous budget gimmicks and accounting tricks used in the Democrats' health plan to hide its true cost, the Congressional Budget Office's final cost estimate of the legislation issued in March 2010 concluded that-based on its scoring conventions and assuming the law would be fully implemented as written-the health care-related provisions of the plan would reduce the federal budget deficit by $124 billion over the FY 2010-2019 period.[1] Since that time, CBO has updated estim… Continue Reading


10.03.14

Sessions: 12 Million More Americans Outside Workforce Today Than In 2009

"Three-fourths of Americans say we remain in a recession-and there are sound reasons for such personal beliefs. Declines in wages and the percentage of people actually working have been hammer blows to working families." WASHINGTON-U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, issued the following statement today as the Bureau of Labor Statistics reported that a record high number of Americans are not in the labor force: "The jobs report does not signal that l… Continue Reading


10.02.14

The Obama Economy: A Chart Book

The great economic tragedy of our time is the erosion of the American middle class. Millions of Americans find themselves locked out of the American Dream. Their wages are either flat or falling, even as the price of energy and goods surges; the labor force is shrinking; and the government stimulus which was claimed to lift the economy to prosperity has instead sunk the nation into a chasm of debt. This chart book highlights what working people know all too well: under President Obama, economic… Continue Reading


09.30.14

GAO: Obama Admin Has No Legal Authority To Make Risk Corridor Payments Without Congressional Action

WASHINGTON-U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, and U.S. Rep. Fred Upton (R-MI), Chairman of the House Energy and Commerce Committee, released the following statements today after the Government Accountability Office issued a legal opinion at their request regarding the risk corridor program in Obamacare: "GAO has confirmed beyond dispute that the Department of Health and Human Services has no legal authority to disburse risk corridor payments under Oba… Continue Reading


09.18.14

Sessions Opposes Continuing Resolution

WASHINGTON-U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, issued the following statement today regarding the passage of a short-term, stopgap funding bill: "Once again, we were asked to vote for a massive, catch-all bill to fund the entire government without an opportunity to meaningfully review it, and we were blocked by Leader Reid from offering a single amendment. Leader Reid has strong-armed the Senate to shut down debate and rush through legislation at the 1… Continue Reading


09.09.14

Sessions Sounds Alarm Over HHS Policy Allowing Welfare Cash To Be Withdrawn In Marijuana Stores

WASHINGTON-U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, issued the following statement today regarding a response he recently received from the Department of Health and Human Services to his oversight letter on welfare payments being withdrawn at marijuana dispensaries: "The federal government current spends roughly $750 billion each year on means-tested welfare programs across 80 different accounts. This money is administered by a vast, sprawling bureaucracy w… Continue Reading


09.05.14

Sessions: Under Obama, 13 Million More Adults But 7 Million Fewer Workers

WASHINGTON-U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, issued the following statement today regarding the August jobs report from the Bureau of Labor Statistics: "Today's jobs report came in far below expectations. Twice as many people left the labor force last month as found jobs, and there are now 92.3 million people outside the workforce entirely. The number of workers in the labor force has fallen by more than 7 million since President Obama took office, e… Continue Reading


08.27.14

SBC Staff Analysis Of CBO’s Updated Budget And Economic Outlook

The Budget OutlookAccording to CBO's updated budget projections released today, the federal government is on track to spend $3.5 trillion in the fiscal year ending September 30. Tax collections will total $3.0 trillion, resulting in a deficit of $506 billion. This estimate is $14 billion above CBO's April estimate of $492 billion, and is the net effect of lower revenues of $26 billon and lower spending of $11 billion (difference due to rounding). Spending will grow by 65 percent between 2014 an… Continue Reading


08.01.14

Sessions: 4 In 10 American Adults Not Working

WASHINGTON-U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, issued the following statement today after the release of the July jobs report: "Our economy continues to perform at an unacceptable level: 4 in 10 U.S. adults are either unemployed or not in the workforce at all. Unemployment for Americans without a high school diploma stands at 9.6 percent. Youth unemployment is 20.2 percent. For African-American youth, is it 34.9 percent. Median household income is $2,0… Continue Reading


07.15.14

CBO Report: After Doubling In Last Six Years, Debt Will Explode In Coming Decades

The latest Long-Term Budget Outlook of the Congressional Budget Office (CBO) projects that debt held by the public will grow from almost $13 trillion today to $21 trillion 10 years from now and $53 trillion in 25 years under the assumption that current law is unchanged. (CBO discusses only public debt in its long-term outlook, but it is necessary to bear in mind that gross debt, which includes intragovernmental obligations that must be honored, is and will continue to be significantly higher.) P… Continue Reading


07.11.14

The President’s Mid-Session Review Of The FY 2015 Budget

President Obama's Office of Management and Budget (OMB) now projects that the deficit for Fiscal Year 2014 (which ends September 30) will be $583 billion. This is $66 billion lower than the $649 billion 2014 deficit projected by OMB in March of this year, and $91 billion higher than the $492 billion 2014 deficit projected by the Congressional Budget Office (CBO) in April. OMB further projects that the enactment of the President's policies would result in a deficit of $525 billion next year (FY … Continue Reading


07.10.14

Sessions Details Case Against OMB Nominee Shaun Donovan

WASHINGTON-U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, delivered the following prepared remarks on the Senate floor today ahead of the vote on HUD Secretary Shaun Donovan to be Director of the Office of Management and Budget: "Mr. President, I rise today to discuss the nomination of Shaun Donovan to be Director of the Office of Management and Budget. I voted against Mr. Donovan in the Budget Committee, and would like to take this opportunity to share with my c… Continue Reading


07.01.14

Sessions Asks Why Medicare Agency Can’t Prevent Fraud, Recover Known Improper Payments

WASHINGTON-U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, sent a letter today to the Administrator of the Center for Medicare and Medicaid Services regarding the payment of improper claims in the Medicare fee for service program. The text of Sessions' letter follows: "Dear Administrator Tavenner: The Medicare Integrity Program ("MIP") at the Center for Medicare and Medicaid Services ("CMS") is charged with detecting and preventing improper Medicare payments. On… Continue Reading


06.25.14

Sessions On GDP Revision: ‘A Tragic Collision With Reality’

WASHINGTON-U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, issued the following statement today regarding the final GDP estimates for the first quarter of 2014: "Growth last year was 1.9%-less than half of the White House predicted in 2009. And in 2012, the White House predicted growth this year would be 4.0%. But with a first quarter GDP contraction of -2.9% (a dramatic downward revision from initial estimates of positive 0.1% growth), the economy would need to a… Continue Reading


06.24.14

Ranking Member Sessions Opposes Donovan Nomination To Head OMB

WASHINGTON-U.S. Sen. Jeff Sessions (R-AL), Ranking Member of the Senate Budget Committee, issued the following statement today after voting in committee against the nomination of HUD Secretary Shaun Donovan to be the next director of the Office of Management and Budget: "During this time of growing financial danger, the Office of Management and Budget should be led by one of the most disciplined and skilled financial managers in the country. Instead, in Mr. Donovan, we have an inexperienced nom… Continue Reading

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