The Heritage Foundation issued a preliminary response to the Congressional Budget Office (CBO) and Joint Committee on Taxation (JCT) report on the costs of the Senate Immigration bill late Tuesday, noting that the CBO and JCT report confirms several financial concerns about an amnesty plan. Show More Summary
The Congressional Budget Office (CBO) and Joint Committee on Taxation (JCT) report on the Senate's immigration bill predicts that the legislation would drive down the wages of American workers and make it difficult for Americans to find jobs in an already-damaged economy. Show More Summary
On Tuesday, Sen. Jeff Sessions (R-AL), ranking member of the Senate Budget Committee, said that the immigration reform bill currently making its way through Congress is “the biggest setback for poor and middle-class Americans of anyShow More Summary
Executive summary: Heritage scholar Dr. Salim Furth was testifying to the Senate Budget Committees about European austerity programs, and how “to date, ‘austerity’ in Europe has consisted mainly of tax increases.” This apparently upset...Show More Summary
Last week, economist Salim Furth testified before the Senate Budget Committee on the issue of austerity. During the Q&A period, Senator Whitehouse accused him of misleading the committee by using fake OECD data. The senator's evidence: his own set of OECD data, which showed very different results. Show More Summary
Data compiled by Senate Budget Committee Ranking Member Jeff Sessions’ (R-AL) staff reveal that over the next ten years taxpayers will spend over five times as much on food stamps as on job training and education for America's veterans. Show More Summary
Alan Reynolds
Former Treasury Secretary Larry Summers, in June 4 testimony before the Senate Budget Committee, offers a scatter diagram which allegedly shows “that countries that pursued harsher austerity policies in recent years also...Show More Summary
On Tuesday I testified to the Senate Budget Committee about the effects of the debt on our country’s growth expectations. These tend to be dry, academic affairs, but this one had a bit of drama.
At one point, Rhode Island’s junior senator, Sheldon Whitehouse, rose to question my numbers and to call me meretricious, which is an SAT word for lying. Show More Summary
To her great credit, Senate Budget Committee Chairwoman Patty Murray (D-Wash.) held a hearing yesterday on the negative effects of austerity. The Washington Democrat, whose underappreciated skills are starting to generate more attention, reminded lawmakers that it is clearer tha …
Lawrence Summers: Opening Remarks to Senate Budget Committee Hearing on “The Fiscal and Economic Effects of Austerity” June 4th, 2013: >Thank you for the opportunity to speak before this committee. You have chosen to address issues relating...Show More Summary
Committee Hearings - Senate Budget Committee: Jun 4 2013 10:30 AM: >SD-608: There will be a hearing of the Committee on the Budget on Tuesday, June 4, 2013 at 10:30 AM in Room SD-608 to consider The Fiscal and Economic Effects of Austerity >Witnesses: > Larry Summers, PhD, President Emeritus and Charles W. Show More Summary
Farm Bill The Senate approved two amendments to the Farm Bill yesterday as Agriculture Committee Chairwoman Debbie Stabenow (D., Mich.) noted that (video replay), “I just want to thank colleagues for their diligence as we work through amendments on the Farm Bill. Our goal is to complete this by the end of the week.” With [...]
Live coverage of the Senate committee on Internal Economy, Budgets and Administration
New charts from Senate Budget Committee Member Jeff Sessions (R-AL) show the dramatic rise in food stamp enrollments and welfare spending. Over the last decade, thirty million more individuals have signed up for food stamps. U.S. welfare spending last year was enough to send each household living under the poverty line a check for $60,000. Show More Summary
Senator Ted Cruz spoke out against his own party on the Senate floor this afternoon as John McCain urged Republicans to move forward in naming a budget conference committee to reconcile differences with the House's budget. Cruz worried...Show More Summary
As the farm bill approved by the Agriculture Committee last week reaches the Senate floor Monday afternoon, Sen. Chris Murphy (D-CT) will be a few hours into an experiment: eating for a week on the meager food budget afford by the Supplemental Nutrition Assistance Program (SNAP). Murphy announced on Twitter that he would take the [...]
FedSmith.com U.S. Senator Lamar Alexander (R-Tenn.), the Ranking Member of the Senate Health, Education, Labor and Pensions Committee, along with 13 Republican senators sent a letter to Chairman Tom Harkin requesting a committee hearing...Show More Summary
“I first want to thank the chair of our committee, the budget committee, for doing such a terrific job in bringing us all together. My colleagues on the committee, as we all know, we worked very, very hard together in order to be able...Show More Summary
With light years between Ryan's House budget and Murray's Senate budget, Reid pressures Republicans for meetings unlikely to yield agreement.
A hot mic at a May 9 New Jersey Senate Budget and Appropriations Committee hearing caught state senators mocking gun owners after the meeting ended. The Senators had just finished discussing new gun control legislation when the hearing adjourned. Show More Summary