Oversight
CBO Analysis Blows Gaping Hole in Republicans’ Balanced Budget Pledge
Washington, D.C.—A new analysis from the nonpartisan Congressional Budget Office (CBO) torpedoes House Republicans’ promise to balance the federal budget while also making permanent the Trump tax cuts. In response to a request from Senator Whitehouse (D-RI), Chairman of the Senate Budget Committee, and Senator Wyden (D-OR), Chairman of the Senate Finance Committee, CBO examined how much federal spending would need to be reduced in order to achieve House Republicans’ stated goal of balancing th… Continue Reading
03.09.23
WHITEHOUSE: “Our cards are on the table. Unlike MAGA Republicans who are hiding their budget plan.”
Washington, D.C.— Senator Whitehouse (D-RI), Chair of the Senate Budget Committee, joined Senate Majority Leader Schumer (D-NY); Senator Murray (D-WA), Chairwoman of the Senate Appropriations Committee; Senator Wyden (D-OR), Chairman of the Senate Finance Committee; and Senator Van Hollen (D-MD) to discuss the President’s 2024 Budget Request. “As of today, our cards are on the table. Unlike MAGA Republicans who are hiding their budget plan. It’s time for them to level with the American people. … Continue Reading
03.08.23
WHITEHOUSE: PREVIEWS PRESIDENT’S BUDGET REQUEST
Washington, D.C.— Senator Whitehouse (D-RI), Chair of the U.S. Senate Budget Committee, joined Senate Majority Leader Schumer (D-NY) and Senate Appropriations Committee Chairwoman Murray (D-WA) to discuss the president’s budget request, which will be released Thursday, March 9, at noon. VIDEO: Senator Whitehouse discusses president’s budget, how Republicans are only here for the well-off and well-connected His remarks, as prepared for delivery: On Thursday, President Biden will deliver … Continue Reading
03.08.23
WHITEHOUSE: WILDFIRES ONE MORE WAY COSTS OF FOSSIL FUEL EMISSIONS HIT FEDERAL BUDGET
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 entitled, “A Burning Issue: The Economic Costs of Wildfires.” Chairman Whitehouse’s remarks, as prepared for delivery: Ranking Member Grassley, members of the committee, welcome. Last week, we examined the economic and budget consequences of sea level rise and ocean storms on our coastal communities. Today, we turn from coasts to … Continue Reading
03.01.23
WHITEHOUSE: CLIMATE CHANGE TO UPEND LIFE IN COASTAL COMMUNITIES, PUT IMMENSE BURDENS ON GOVERNMENT
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 entitled, “Rising Seas, Rising Costs: Climate Change and the Economic Risks to Coastal Communities.” Chairman Whitehouse’s remarks, as prepared for delivery below. Video of is available here. Ranking Member Grassley, members of the committee, witnesses, and guests, welcome to our second hearing. After our first hearing’s high level… Continue Reading
02.15.23
Chairman Whitehouse Statement on CBO Outlook
WASHINGTON, D.C.-Today, Senator Sheldon Whitehouse, Chairman of the Senate Budget Committee, issued a statement following the annual release of the Congressional Budget Office's (CBO) Budget and Economic Outlook and a projection that the debt limit must be raised "between July and September" or the federal government would default on its debt. "Today's CBO Outlook shows just how far we have come from the depths of the pandemic recession; it shows the importance of investments in workers and fa… Continue Reading
02.15.23
WHITEHOUSE: COSTS AND ECONOMIC RISKS OF CLIMATE CHANGE ARE PILING UP
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 entitled, "Climate-Related Economic Risks and Their Costs to the Federal Budget and the Global Economy." Chairman Whitehouse's remarks, as prepared for delivery: Ranking Member Grassley, colleagues, particularly our new members, let me welcome you to what I hope will be a busy, revived, impactful and lively Budget Committee. I want… Continue Reading
02.02.23
Whitehouse to Take on Senate Budget Committee Gavel for 118th Congress
Washington, D.C. - U.S. Senator Sheldon Whitehouse (D-RI) today announced that he will step into the role of Chairman of the U.S. Senate Budget Committee for the 118th Congress. "I very much look forward to taking the helm," said Whitehouse. "Together with the members of the Committee, we will examine a range of subjects that have enormous consequences for American families, the economy, and the federal budget. Chief among these is climate change, as economic experts warn of serious financial… Continue Reading
06.03.22
MEDIA ADVISORY: Chairman Sanders to Hold Budget Committee Hearing on Saving and Expanding Social Security
WASHINGTON, June 3 - Sen. Bernie Sanders (I-Vt.), Chairman of the Senate Budget Committee, announced today that the committee will hold a hearing Thursday, June 9, at 11:00 a.m. titled "Saving Social Security: Expanding Benefits and Demanding the Wealthy Pay Their Fair Share or Cutting Benefits and Increasing Retirement Anxiety." Signed into law by President Franklin D. Roosevelt, Social Security today remains one of the most popular and successful government programs in the history of the Unit… Continue Reading
05.09.22
MEDIA ADVISORY: Chairman Sanders to Hold Budget Committee Hearing on Medicare for All
WASHINGTON, May 9 - Sen. Bernie Sanders (I-Vt.), Chairman of the Senate Budget Committee, announced Monday that the committee will hold a hearing Thursday, May 12, at 11:00 a.m. titled "Medicare for All: Protecting Health, Saving Lives, Saving Money." Today in the United States, some 112 million Americans, about 44 percent of the adult population, are struggling to pay for the medical care they need and over 70 million Americans are uninsured or under-insured because of high deductibles and pre… Continue Reading
05.02.22
MEDIA ADVISORY: Chairman Sanders to Hold Budget Committee Hearing on Amazon and Ending Federal Contracts to Companies Engaged in Illegal Anti-Union Activities
Chairman Sanders has invited Jeff Bezos to testify. WASHINGTON, May 2 - Sen. Bernie Sanders (I-Vt.), Chairman of the Senate Budget Committee, announced Monday that the committee will hold a hearing Thursday, May 5, at 11:00 a.m. titled "Should Taxpayer Dollars Go to Companies that Violate Labor Laws?" Thursday's hearing comes at a time when the federal government spends more than $600 billion each year on contracts to thousands of companies who employ more than four million contract workers. H… Continue Reading
04.01.22
MEDIA ADVISORY: Chairman Sanders to Hold Budget Committee Hearing on Corporate Greed
WASHINGTON, April 1 - Sen. Bernie Sanders (I-Vt.), Chairman of the Senate Budget Committee, announced Friday that the committee will hold a hearing Tuesday, April 5, at 11 a.m. titled "Corporate Profits are Soaring as Prices Rise: Are Corporate Greed and Profiteering Fueling Inflation?" Tuesday's hearing comes as working families across the country are increasingly bearing the brunt of growing economic pain and inequality. Across every major industry, prices continue to rise - this includes a 3… Continue Reading
03.28.22
NEWS: Senate Budget Committee Chairman Sanders Statement on President Biden’s FY 2023 Budget Proposal
WASHINGTON, March 28 - Chairman of the Senate Budget Committee, Sen. Bernie Sanders (I-Vt.), Monday issued the following statement after President Joe Biden released his fiscal year 2023 federal budget proposal: I thank the President for submitting his budget proposal to Congress and I look forward to reviewing it closely. At a time when corporations are making obscene profits by charging outrageously high prices for gas, food and rent, we need a budget that takes on the unprecedented corporat… Continue Reading
03.23.22
MEDIA ADVISORY: Chairman Sanders Announces Budget Committee Hearing on President Biden’s FY 2023 Budget
WASHINGTON, March 23 - Sen. Bernie Sanders (I-Vt.), Chairman of the Senate Budget Committee, today announced that the committee will hold a hearing Wednesday, March 30, at 11 a.m., on "The President's Fiscal Year 2023 Budget Proposal." Testifying at the hearing will be Shalanda Young, Director of the Office of Management and Budget. Hearing DetailsWhat: Hearing of the Committee on the Budget to consider "The President's Fiscal Year 2023 Budget Proposal"When: Wednesday, March 30, 2022, 11 a.m. … Continue Reading
02.14.22
NEWS: Senate Budget Committee to Hold Hearing on Wall Street Greed and Growing Oligarchy in America
WASHINGTON, Feb. 14 - Sen. Bernie Sanders (I-Vt.), Chairman of the Senate Budget Committee, announced Monday that the committee will hold a hearing Thursday, February 17, titled "Warrior Met and Wall Street Greed: What Corporate Raiders are Doing to Workers and Consumers" to examine growing oligarchy on Wall Street through the case study of Warrior Met Coal in Alabama where workers have spent the last 11 months on strike. The three largest asset management firms on Wall Street - BlackRock, Van… Continue Reading
01.25.22
MEDIA ADVISORY: Chairman Sanders Announces Budget Committee Hearing on Nominations for the Office of Management and Budget
WASHINGTON, Jan. 25 - Sen. Bernie Sanders (I-Vt.), Chairman of the Senate Budget Committee, today announced that the committee will hold a hearing Tuesday, February 1, at 2:30 p.m., to consider the nomination of the Honorable Shalanda D. Young of Louisiana to be Director of the Office of Management and Budget, and the nomination of the Honorable Nani A. Coloretti of California to be Deputy Director of the Office of Management and Budget. Hearing DetailsWhat: Senate Budget Committee Hearing on N… Continue Reading
08.09.21
NEWS: Senate Budget Chairman Sanders and Majority Leader Schumer Introduce Historic Budget Resolution
WASHINGTON, August 9 - Senate Budget Committee Chairman Bernie Sanders (I-Vt.) Monday issued the following statement after he joined with Majority Leader Chuck Schumer (D-N.Y.) to introduce the FY 2022 budget resolution, which includes reconciliation instructions for Congress to craft sweeping legislation to invest in the long-neglected needs of the working class: "The $3.5 trillion Budget Resolution that I am introducing today will allow the Senate to move forward on a reconciliation bill that… Continue Reading
05.28.21
Senate Budget Committee Chairman Sanders Statement on President Biden’s Budget Proposal
WASHINGTON, May 28 - Sen. Bernie Sanders (I-Vt.), chairman of the Senate Budget Committee, Friday issued the following statement after President Joe Biden released his fiscal year 2022 federal budget proposal: "The budget that President Biden has submitted to Congress constitutes the most significant agenda for working families in the modern history of our country. At a time when more than half of our people are living paycheck to paycheck and tens of millions of Americans continue to struggle,… Continue Reading
05.10.21
MEDIA ADVISORY: Chairman Sanders Announces Senate Budget Committee Hearing on Wasteful Pentagon Spending
WASHINGTON, May 10 - Sen. Bernie Sanders (I-Vt.) today announced that the Senate Budget Committee will hold a hearing Wednesday, May 12 at 11 a.m., on "Waste, Fraud, Cost Overruns, and Auditing at the Pentagon." Over the past 20 years, the military industrial complex has spent over $2.6 billion in lobbying and campaign contributions to influence Congress. Currently, the U.S. spends more on our nation's military than the next nine countries combined and over half of our discretionary spending go… Continue Reading
04.09.21
NEWS: Sanders Statement on President Biden’s Discretionary Budget Request
WASHINGTON, April 9 - Sen. Bernie Sanders (I-Vt.), chairman of the Senate Budget Committee, on Friday issued the following statement after President Joe Biden introduced his FY 2022 discretionary budget request: "At a time of massive wealth and income inequality, when tens of millions of Americans continue to recover from the worst economic and public health crisis in modern history, I'm glad that President Biden has presented a discretionary budget that begins to address the urgent unmet needs… Continue Reading