United States House Committee On The Budget
Recent News About United States House Committee On The Budget
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House Budget Committee favorably reports five budget reform bills
Yesterday, the House Budget Committee marked up five bills concerning Budget Process Reform. All five were favorably reported out of the Committee to the House. The proposed legislation aims to reform the budget process and ensure American taxpayers' money is not wasted.
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Chairman Arrington delivers remarks on budget process reform bills
WASHINGTON, D.C. – Chairman Jodey Arrington (R-TX) today delivered his opening remarks at the markup of five budget process reform bills.
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Chairman Arrington discusses economic policies on The Larry Kudlow Show
WASHINGTON, D.C. – House Budget Committee Chairman Jodey Arrington (R-TX) appeared on The Larry Kudlow Show on Fox Business today. Alongside Kudlow and Economist Art Laffer, Chairman Arrington discussed the impact of President Biden’s economic policies.
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Inflation hits 3.4 percent in April, says Bureau of Labor Statistics
WASHINGTON, D.C. – House Budget Committee Chairman Jodey Arrington (R-TX) issued a statement in response to the Consumer Price Index (CPI) report for April, which revealed an inflation increase of 0.3 percent and year over year inflation at 3.4 percent. Since President Biden's inauguration, prices have risen by a total of 19.3 percent.
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Arrington introduces legislation for taxpayer transparency on public debt
On May 15, 2024, House Budget Committee Chairman Jodey Arrington (R-TX) introduced a bill aimed at providing taxpayers with greater transparency on the public debt. The proposed legislation, H.R. 8372 or the Debt Per Taxpayer Information Act, is designed to educate Americans about the country's fiscal trajectory and its implications for them and their families.
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CBO report criticized for masking Bidenomics' impact on inflation
Today, the Congressional Budget Office (CBO) released a report titled “An Update About How Inflation Has Affected Households at Different Income Levels Since 2019.” This is an update to a report from September 2022. The updated report, requested by Senate Budget Committee Chairman Sheldon Whitehouse (D-RI), shows the cumulative inflation effects on households since 2019. However, this five-year cumulative look back, which lacks a year-by-year breakdown, blends the positive impacts of the Tax Cuts and Jobs Act (TCJA) with the damaging economic and fiscal policies of the Biden...
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House Budget Committee reveals $150.7 billion cost of border crisis
Yesterday, the House Budget Committee held a hearing titled "The Cost of the Border Crisis" to emphasize the significance of border security and the fiscal implications of President Biden's border policies. Witnesses from the Federation for American Immigration Reform (FAIR), Texas Public Policy Foundation’s “Secure and Sovereign Texas” Initiative, and Kinney County, Texas, testified before the committee to illustrate the impacts of the border crisis, particularly on the southern border, at local, state, and federal levels.
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Chairman Arrington discusses Social Security insolvency and border crisis costs
House Budget Committee Chairman Jodey Arrington (R-TX) appeared on Maria Bartiromo’s Wall Street on Fox Business to discuss the impending insolvency of Social Security and Medicare, as well as the financial implications of the border crisis. This follows the recent submission of annual reports by the Social Security and Medicare Trustees to Congress, which outline a concerning financial future for these vital programs.
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House budget chairman exposes high cost of illegal immigration
Yesterday, House Budget Committee Chairman Jodey Arrington (R-TX) penned an op-ed in the Lubbock Avalanche-Journal, highlighting the fiscal impacts of the Biden Administration’s border policies. "The American people understand the unprecedented humanitarian and national security impact of our current border crisis, but it doesn’t end there. As Chairman of the House Budget Committee, I’m exposing the fiscal implications of our wide-open borders. The total hit to taxpayers is $150 billion per year," said Arrington.
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Chairman Arrington requests comprehensive analysis on border crisis costs from CBO
House Budget Committee Chairman Jodey Arrington (R-TX) has submitted a letter to Congressional Budget Office (CBO) Director Phillip Swagel, requesting a comprehensive analysis of the budgetary effects of the border crisis. This request follows a House Budget Committee hearing titled "The Cost of the Border Crisis," where members examined the fiscal implications of President Biden's open border policies.
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Trump tax cuts benefited economy despite CBO's predictions, say House Chairmen
House Budget Committee Chairman Jodey Arrington (R-TX) and Ways and Means Committee Chairman Jason Smith (R-MO) have criticized the Congressional Budget Office's (CBO) latest Long-Term Budget Outlook Under Alternative Scenarios for the Economy and the Budget. The report includes an estimation of the budgetary and economic impact of making the 2017 Trump tax cuts permanent.
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Border Crisis Hearing Reveals $150 Billion Cost of Illegal Immigration
Washington, D.C. – Today, Chairman Jodey Arrington (R-TX) delivered his opening remarks at the hearing, “The Cost of the Border Crisis”, highlighting the importance of border security and the fiscal implications of President Biden’s failed border policies.
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House Budget Committee to Hold Hearing on 'The Cost of the Border Crisis' on May 8, 2024
On Wednesday, May 8, 2024, Chairman Jodey Arrington (R-TX) and members of the House Budget Committee will convene a hearing entitled “The Cost of the Border Crisis.” Witnesses include Julie Kirchner, Executive Director, Federation for American Immigration Reform, Ammon Blair, Senior Fellow, Texas Public Policy Foundation’s “Secure and Sovereign Texas” Initiative, Brent Smith, Kinney County Attorney, Texas, and David Bier, Director of Immigration Studies, Cato Institute. The public can view the hearing via live webcast. After the hearing, Chairman Arrington will hold a media...
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Fox Business: Chairman Arrington Discusses Looming Insolvency of Social Security, Medicare, and the Upcoming Hearing on the Cost of the Border Crisis
House Budget Committee Chairman Jodey Arrington (R-TX) recently addressed the looming insolvency of Social Security and Medicare, along with the upcoming hearing on the cost of the border crisis in an interview with Fox Business's Cavuto: Coast to Coast.
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Social Security and Medicare Face Insolvency Challenges, Prompting Calls for Bipartisan Action
The Social Security and Medicare Trustees annual reports were submitted to Congress, revealing the financial challenges ahead for the programs that support millions of seniors. House Budget Committee Chairman Jodey Arrington expressed concerns about the situation, emphasizing the need for a bipartisan approach to address the looming insolvency.
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Chairman Arrington Joins Fox News to Discuss the Cost of the Border Crisis
House Budget Committee Chairman Jodey Arrington recently appeared on Fox News to discuss the upcoming hearing titled “The Cost of the Border Crisis.” During his interview, Chairman Arrington highlighted the staggering financial implications of the ongoing border situation in the United States.In the interview, Chairman Arrington emphasized the significant financial toll the border crisis is taking on the country, stating, “We're borrowing $100,000 a second, $8 billion a day. We're borrowing $2 trillion a year just to fund this federal government that continues to grow and...
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Budget Committee to Introduce Legislation to Rein-In Improper Payments
WASHINGTON, D.C. – Today, the House Budget Committee unveiled plans for a legislative initiative aimed at curbing improper payments within the federal government. House Budget Committee Chairman Jodey Arrington (R-TX) emphasized the urgency of addressing wasteful spending in a recent op-ed titled “It’s Time to Stop Talking and Start Acting on Fraud and Improper Payments.”In his article, Chairman Arrington stressed the importance of combatting improper payments to improve fiscal responsibility, stating, "Every dollar lost to improper payments and fraud represents a theft...
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April Jobs Report: 140,000 Less New Jobs than March
WASHINGTON, D.C. – Today, the Bureau of Labor Statistics (BLS) released its jobs report for April 2024, which showed 175,000 new jobs were created in April, down from 315,000 in March.In response to the worsening job numbers, House Budget Committee Chairman Jodey Arrington (R-TX) stated, "It’s no surprise that the job market has slowed, adding 140,000 less jobs in April than the previous month. President Biden’s and Congressional Democrats’ fiscal policies and reckless spending have stalled the economy. Inflation is on the rise, GDP growth is significantly lower than...
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Reining in Executive Overreach with Strengthening Administrative PAYGO Act
WASHINGTON, D.C. – Today, House Budget Committee Oversight Task Force Chair Jack Bergman (R-MI), Chairman Jodey Arrington (R-TX), accompanied by all Republican members of the House Budget Committee, introduced the H.R. 8195, Strengthening Administrative PAYGO (SAP) Act of 2024. H.R. 8195 will rein-in unchecked and costly executive actions by clarifying and permanently extending Administrative Pay-As-You-Go (PAYGO), as established by the Fiscal Responsibility Act (FRA) of 2023.Chairman Arrington emphasized the importance of the SAP Act, stating, “The SAP Act locks into law...
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House Budget Republicans Push for Streamlining U.S. Defense Spending with DoD Watchdog
House Budget Committee Chairman, Jodey Arrington, emphasized the importance of streamlining the Department of Defense budgeting process, stating, "When America is strong, the world is safe — and in an increasingly dangerous and unstable world, it has never been more important for our military to project strength."Task Force Chair Jack Bergman echoed this sentiment, highlighting the need for modernization in defense budgeting, saying, "As America’s foreign adversaries continue to grow and evolve at a rapid pace, so too must our ability to budget and plan for emerging...