Richard Shelby

Some specifics. The JPSS currently has an overall cost cap of $11.3 billion.

But generally, these kind of programs cost billions of dollars.

We need to hear how you've made progress and how we cannot have boondoggles again.

We need accurate weather, whether you're Oklahoma or Wisconsin worrying about a tornado.

I want us to not only win the Nobel Prizes, but I want us to win the markets.

This request represents a significant increase in spending at a time when America is still living within a constrained budget.

Section 1608 of the 2015 National Defense Authorization Act (NDAA) sets 2019 as the cutoff date for using Russian rocket engines for national security launches.

You do not want that gap there, do you?

I thank both of you.

However, one alternative measure that seems to fully capture a better sense of labor force participation is the U6 measure that lists total unemployed and underemployed at 11.3 percent as of January 2015.

One real goal must be to have a Federal Reserve that works for all Americans, to have a strong economy that benefits low-wage workers and the middle class as much as the wealthiest.

To me the single biggest problem the country faces is the decline of middle-class incomes.

It remains important today.

The role of Congress is not to serve on the Federal Open Market Committee, but it is to provide strong oversight and, when times demand it, bring about structural reforms.

I and many of my colleagues have been calling for greater accountability and more effective disclosure for years.

I believe the Fed should remain committed to its current accommodative policy until it sees clear evidence that shows a consistent improvement in wages.

I think it is a prudent decision for our broader economy as well as middle-class families across the country to wait until wages really begin to rise.

I firmly believe the Fed should not raise rates until wages are back on a steady trend.

A lot of us are troubled at the ATF's process and intent regarding this proposed ban.

If a regulation's costs outweigh its benefits, I believe it should be thrown out.

I believe that we can all agree that community banks and credit unions play a vital role in our local economies.

I hope this Committee will produce that sort of movement.

I believe it is time to reverse this trend.

The Iranian threat to walk away from the negotiations if deadline-triggered sanctions are imposed is, in fact, counter-historical.

The JPOA has not halted Iran's nuclear program.