News
Press Release
We’re Gonna Pay: The Cost of #MedicareForAll
WASHINGTON, D.C. – The Congressional Budget Office (CBO) is expected to release a “qualitative assessment” of one-size-fits-all health care in response to a request from…
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Press Release
House Budget Committee Republicans to Chairman Yarmuth: Focus on Partisan Impeachment Resulted in Failure to Deliver on Committee Responsibilities
WASHINGTON, D.C. – House Budget Committee Republicans today sent a letter to Chairman John Yarmuth (D-KY) expressing disappointment with the Democrat majority's focus on a…
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BUDGET DIGEST: Improper Payments
Unfortunately, the federal government continues to waste significant amounts of taxpayer funds through mismanagement. Improper payments are defined by the Government Accountability Office (GAO) as…
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Budget Buster: A Bad Deal for Housing
Last week, Democrats unveiled yet another unrealistic, government expansion plan that comes with an enormous price tag. The bill, called The Green New Deal for…
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Ranking Member Steve Womack Opening Remarks at Hearing Entitled: Reexamining the Economic Costs of Debt
Remarks as prepared for delivery: Thank you, Chairman Yarmuth, for holding this hearing. I believe it is an appropriate continuation of the conversation we began…
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Womack: Short-Term CR Has Negative Budgetary Impact
WASHINGTON, D.C. – House Budget Committee Ranking Member Steve Womack (R-AR) today spoke on the House floor to highlight a provision in the short-term continuing…
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The Problems with Modern Monetary Theory
What is Modern Monetary Theory (MMT)? MMT essentially argues that deficits and debt don't matter. The economic principle behind the theory is that countries with…
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BUDGET DIGEST: Why the Debt Matters
The Federal Debt is on an Unsustainable Trajectory. The publicly-held debt has averaged 42 percent of gross domestic product (GDP) over the last 50 years;…
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Womack Requests Budget Committee Hearing on Harmful Impacts of Continuing Resolutions on the Military
WASHINGTON, D.C. – As Congress approaches the November 21st government funding expiration, Ranking Member Steve Womack (R-AR) today sent a letter to Chairman John Yarmuth…
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Ranking Member Steve Womack (R-AR) Opening Remarks at Hearing Entitled: The Economic Outlook: The View from the Federal Reserve
As Prepared for the Record: Thank you, Chairman Yarmuth, for holding this hearing. And thank you, Chairman Powell, for being here with us today. The…
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