Home news

News List

Browse Documents
by Date or Issue:
  • BREAKING: Nonpartisan Watchdog Rules Obamacare Reinsurance Scheme Unlawfully Diverting Billions From Taxpayers
    Posted in Press Releases on September 29, 2016 | Preview rr

    WASHINGTON, D.C. - A group of bicameral Republican health care leaders are pointing to a new legal opinion issued on Obamacare’s controversial reinsurance program. The leaders urged the Comptroller General of the United States this spring to publish a legal opinion on the Centers for Medicare and Medicaid Services’ (CMS) decision to ignore federal law, and a previous CMS regulation that required taxpayers and the Treasury be paid under the Obamacare reinsurance program. To date, CMS has ignored ... Read more

  • Good Intentions, A Scandal, and An Economics Free Zone
    Posted in Press Releases on September 22, 2016 | Preview rr

    WASHINGTON, D.C. – This week, the House Budget Committee held the fourth in a series of hearings focused on the Committee’s Restoring the Trust for All Generations initiative – an effort to raise awareness about the fiscal and policy challenges facing our nation’s health, retirement, and economic security programs. On Wednesday, the topic was Restoring the Trust for Families and Working-Age Americans – specifically how many of these automatic spending programs can have an adverse impact on famil... Read more

  • Chairman Price Opening Statement: Restoring the Trust for Families and Working-Age Americans
    Posted in Speeches and Statements on September 21, 2016 | Preview rr

    As prepared for delivery Good morning. For over a year, the House Budget Committee has been engaged in an initiative called Restoring the Trust for All Generations. Today’s hearing is the fourth in a series of hearings this committee has held to advance this initiative. Restoring the Trust is an effort to raise awareness among both our colleagues in Congress and, more importantly, the American people we represent – about the serious fiscal and policy challenges facing our nation’s health, retire... Read more

  • Unsustainable, Chaotic, and With No Room for Discretion
    Posted in Press Releases on September 16, 2016 | Preview rr

    WASHINGTON, D.C. – The House Budget Committee in a hearing Wednesday entitled “Growing Risks to the Budget and the Economy” examined our nation’s current troubling fiscal and economic outlook, what is contributing to a forecast of slow growth and mounting debt, and how policymakers might go about correcting course. The consensus among the witnesses was unanimous that the current trajectory of deficit spending and higher debt cannot go on forever. As Dr. Jared Bernstein, Senior Fellow at the Cent... Read more

  • Chairman Price Opening Statement: Growing Risks to the Budget and the Economy
    Posted in Speeches and Statements on September 14, 2016 | Preview rr

    As prepared for delivery Good morning. The title of this hearing is the “Growing Risks to the Budget and the Economy.” Regardless of ones’ political posture – there are clearly some warning signs before us. In many ways the current budget and the current economy are in fact risks unto each other. The Congressional Budget Office (CBO) provides all of us with some sobering information – demonstrating that policymakers have ample evidence and information revealing just how severe the risks are now ... Read more

  • Budget Committee Releases Working Paper on Regulatory Budgeting
    Posted in Press Releases on September 8, 2016 | Preview rr

    WASHINGTON, D.C. – Today, the House Budget Committee released its sixth in a series of working papers focused on the Committee’s effort to overhaul the Congressional Budget Act of 1974 and reform the congressional budget process. The paper follows a hearing the Committee held on July 7th that examined how Congress can better measure, evaluate, and ultimately control the impacts of regulations by adopting a regulatory budget. The working paper focuses on eight main areas: The Proliferation of Rul... Read more

  • Working Paper on Regulatory Budgeting
    Posted in HBC Publications on September 8, 2016 | Preview rr

    The exercise of government in America has become much more a matter of regulation than of legislation. In 2015, Federal agencies issued nearly 30 times as many regulations as laws that were enacted. Thus Congress cedes growing shares of its authority to an unelected fourth branch of government with ever-increasing control over Americans’ lives. The cost of regulations has been estimated at about $2 trillion a year, and one study has shown that a 10-percent increase in the quantity of Federal reg... Read more

  • Chairman Price Opening Statement: Center for Medicare and Medicaid Innovation: Scoring Assumptions and Real-World Implications
    Posted in Speeches and Statements on September 7, 2016 | Preview rr

    As prepared for delivery Welcome back and thank you to everyone for joining us this morning. One of the core responsibilities of Congress is oversight. It’s our job to keep a watchful eye over government departments and agencies to ensure their activities are fairly, efficiently, and effectively executed. In order to competently exercise its oversight authority, Congress has instituted certain instruments and agencies to aid in that endeavor – perhaps none with as large an impact as the Congress... Read more

  • Price Op-Ed in Roll Call: Obamacare Agency Escapes Congressional Oversight
    Posted in Commentary on September 7, 2016 | Preview rr

    By Tom Price Chairman of the House Budget Committee September 7, 2016 Permalink Our constitutional system was carefully designed to prevent any one branch from seizing too much control over the entire government. Only Congress can write legislation; only the President can execute the laws; only the courts can judge whether the laws are constitutional. This balance of powers, however, does not maintain itself. It is a dynamic equilibrium requiring each branch of government to protect and fully ex... Read more

  • Budget Committee Releases Working Paper on Alternative Approaches to the Federal Budget
    Posted in Press Releases on August 30, 2016 | Preview rr

    WASHINGTON, D.C. – Today, the House Budget Committee released its fifth in a series of working papers focused on the Committee’s effort to overhaul the Congressional Budget Act of 1974 and reform the congressional budget process. The paper follows a hearing the Committee held on July 6th that examined what sort of alternative budget approach or approaches could better serve the goal of fiscal responsibility and a more effective, efficient, and accountable government. The working paper focuses on... Read more