Senate Budget Committee
U.S. Government: Elected Officials | U.S. Congressional Committees
Recent News About Senate Budget Committee
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Penn Wharton Hearing Witness: Dem Tax Proposals Won’t Solve Our Fiscal Challenges
Senate Budget Committee Ranking Member Chuck Grassley (R-Iowa) shared insights from Dr. Joao Gomes, a senior vice dean at the University of Pennsylvania Wharton School, regarding the nation's economic trajectory and fiscal challenges. Dr. Gomes emphasized concerns with current tax proposals and the effectiveness of addressing fiscal issues.In response to Grassley's question about warning signs for the committee to heed, Dr. Gomes highlighted the importance of monitoring the real cost of funding the U.S. Federal debt, suggesting potential challenges in the coming years....
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Grassley: Budget Democrats Use Climate Change Smoke and Mirrors to Ignore Our Immediate Responsibilities
Senator Grassley criticized the Senate Budget Committee's focus on climate change over budget issues, stating, "Last week, Senator Romney said the truth out loud - there is 'no work being done by this committee to deal with our budget and to deal with federal spending.'" He further emphasized the need for the committee to address deficits and debt, urging action for the American people.Highlighting the committee's current priorities, Senator Grassley expressed his dismay, saying, "Today, rather than working on a budget to curb spending, we’re discussing the impact of...
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Grassley: Biden Admin’s EV Push Could Drive up the Deficit by $200 Billion
Senate Budget Committee Ranking Member Chuck Grassley (R-Iowa) has raised concerns about the Environmental Protection Agency’s (EPA) proposed EV Rule, citing a $224 billion increase in the deficit over ten years. Grassley highlighted the impact of higher electric vehicle tax credit claims and reduced gas tax revenues, with the CBO attributing the largest share of the deficit increase to the EPA's market-shifting EV Rule.“The American taxpayers have not voted for and can’t afford the EPA’s proposed EV Rule,” Grassley emphasized in a letter to EPA Administrator Michael...
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Grassley: Biden’s Budget Offers False Promises and a Far-Left Wish List
Senator Grassley criticized President Biden's budget proposal, calling it a "far-left wish list" that offers false promises and fails to address the nation's fiscal challenges. Grassley expressed his disappointment, stating, "For three years, the president has embarked on a far-left agenda. He’s taken a 'my way or the highway' approach to governing, where those who disagree with him are attacked as extremists." Grassley highlighted the growing national debt, which has surpassed $34 trillion, and criticized the budget for proposing $5 trillion in new tax hikes.Grassley...
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Grassley Redlines President Biden’s Budget Proposal
Washington – Senate Budget Committee Ranking Member Chuck Grassley (R-Iowa) criticized President Biden’s FY 2025 budget proposal, calling it irresponsible and short-sighted. Grassley expressed concern over the budget's impact on Americans and the economy, stating that it would lead to severe long-term consequences.According to Grassley, the budget includes corner-cutting measures to bypass congressional spending caps and could result in significant financial burdens for American families. Grassley highlighted the administration's fiscal and regulatory decisions, blaming...
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'Life is Priceless:' Ranking Member Grassley Delivers Pro-Life, Pro-Family Message at Budget Committee Hearing
Senator Chuck Grassley of Iowa, the Ranking Member of the Senate Budget Committee, emphasized the sanctity of life in his message during a hearing on the economic impacts of restricting reproductive freedom. He stated, "Life is priceless," highlighting the moral and legal complexities of the abortion debate.Grassley pointed out that abortion cannot be reduced to purely economic considerations, stating, "It’s not an issue that lends itself to being looked at solely through an economic lens." He cautioned against dehumanizing perspectives, citing the example of China's...
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Grassley Urges Government Action as CBO Projections Highlight Rising Debt and Interest Costs
The Congressional Budget Office (CBO) has released its Budget and Economic Outlook for the next decade, projecting a concerning future for the federal budget and U.S. economy. The report indicates that the national debt is set to reach record levels, with publicly-held debt projected to soar to 172 percent of GDP by 2054. Senate Budget Committee Ranking Member Chuck Grassley has emphasized the need for immediate action, stating, "Congress ought to interpret CBO's projections as a 'call to action': the federal government must break from its irresponsible spending pattern."...
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Biden Blows Past Budget Deadline for Four Years Running
President Joe Biden has once again failed to submit a budget proposal to Congress by the first Monday in February, marking the fourth year in a row that he has missed the deadline. This is a concerning trend that raises questions about the administration's ability to effectively manage the nation's finances.In response to Biden's failure to deliver a budget proposal on time, Senate Budget Committee Ranking Member Chuck Grassley (R-Iowa) issued a statement criticizing the president's lack of timeliness. Grassley stated, "President Biden has achieved a perfect score for...
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Grassley Urges Fiscal Focus as Democrat-Led Budget Committee Begins Year with Climate Hearing
Senator Chuck Grassley of Iowa, the Ranking Member of the Senate Budget Committee, called for a fiscal focus as the Democrat-led committee kicked off the year with a climate hearing. In his opening remarks, Grassley highlighted the pressing fiscal challenges facing the nation and emphasized the need for bipartisan solutions.Grassley expressed his hope that the committee would address the unsustainable fiscal outlook of the country, stating, "Our unsustainable fiscal outlook is a bipartisan problem and it's going to require a bipartisan solution to resolve." He pointed out...