To paraphrase former fed chairman Paul Volcker, cutting spending may be painful, but the pain for all of us will be much greater if it isn't accomplished.

Despite our political differences, and they aren't as great as the public believes between Republicans and the Democrats.

PBMs are blocking a cheaper product.

One area of agreement must be that our budget and appropriation process is broken.

I want to applaud two leaders in this process, Senator Murray and Collins, for publicly announcing their commitment to regular order.

So, let's just assume that the FDIC or some other regulator or bank say to the community bank in Parkersburg, Iowa that you've got to make sure that you know what the carbon footprint is of the farmer and in 60 years of arming I don't know…

Things need to change.

Today, three PBMs control 80 percent of the market. We must do something about powerful middlemen to lower drug costs for consumers.

Our investigation found that the PBM scheme encourages drug makers to spike the drug's list price.

I hope this committee will have the same success voting this bill out.

It's clear that IRS needs to do a better job safeguarding taxpayer information.

Congratulations on your appointment, and I'm sure your family and everybody who knows you is proud of the responsibilities you assume.

The Cantwell-Grassley PBM Transparency Act directs the FTC to end well-known and documented PBM practices that drive up consumer costs.

I'll flag one other concern for the bill. It would pre-judge the results of the FTC's current study on the economic effects of PBMs.

Our rising deficits are cast by a lot of people as long-term challenge, but not immediate problem today.

I want to applaud two leaders in this process, Senator Murray and Collins, for publicly announcing their commitment to regular order.

the Administration has done nothing to improve the budgetary outlook.

Government Accountability Office and Treasury Inspector General for Tax Administration reports identify many vulnerabilities in the IRS information system.