This is a tough love budget. It cuts non-security discretionary spending by $400 billion over the next decade.
I want to commend the President for submitting a budget that reduces our deficit, while also investing in our future.
Thank you, Chairman Ryan, welcome Director Lew. I want to commend the President for putting forth a budget that reduces ...
Compromise is not a dirty word. Getting things done requires give and take. We should begin that conversation now.
the legislation was responsible for saving and creating between 1.3 and 3.4 million jobs.
that cut will result in between 36,800 and 50,600 fewer engineering and construction jobs.
Now, it is true, isn't it, that if you were to make immediate deep cuts, that would have a--that would be a drag, at lea...
The levels of debt that are projected in the CBO report in the outyears are unacceptable and unsustainable.
the reality is that we did have a 1-year budget resolution for this fiscal year.
If we were to throw out the CBO numbers, whether we sometimes agree with them or not, it would be a recipe for budget an...
Isn't it the case that if you reduce revenues, you increase the deficit?
the President indicated in his State of the Union address that he will impose in his budget, that will arrive Monday, a ...
The sooner we make a decision to put in place a plan to deal with the debt in the outyears, the less painful it would be...
I think we agree that you and your team have been an incredibly professional organization.
But just to be clear on the second decade, as you indicated, you expressed your estimate in terms of GDP, and you did sa...
I want to join my friend and colleague Paul Ryan in congratulating you, Dr. Elmendorf, on being reappointed.
And so that is how we got the figure, 1.4, was we took CBO's estimates of what GDP being would be during that year and a...
the most important thing we can do as a country is to put together a credible, long-term plan for fiscal sustainability.
