Ranking Member Press
Retirement calculator suffered from coding error; senators press for more answers
http://federalnewsradio.com/retirement/2016/03/retirement-calculator-suffered-coding-error-senators-press-answers/ By Jory Heckman | @jmheckmanMarch 9, 2016 12:13 pm The Consumer Financial Protection Bureau told the chairmen of two Senate financial committees it fixed an "isolated coding error" in its retirement planning calculator, but those senators said many questions remain unanswered. In a letter to Sens. Mike Enzi (R-Wyo.) and Richard Shelby (R-Ala.), CFPB Director Richard C… Continue Reading
03.09.16
Consumer Bureau Response to Broken Retirement Tool Inadequate and Unresponsive
WASHINGTON D.C. - Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, and Senator Richard Shelby (R-AL), Chairman of the Senate Committee on Banking, Housing, and Urban Affairs, called a response from the Consumer Financial Protection Bureau (CFPB) "inadequate and unresponsive" after the agency acknowledged problems with its online Social Security retirement calculator, but failed to fully address the problems or adequately fix them. The Chairmen note the agency's retirement cal… Continue Reading
03.08.16
CBO Revenue Baselines and Tax Reform
WASHINGTON, DC - The Senate Budget Committee today released its March 8, 2016, Budget Bulletin focused on Congressional Budget Office (CBO) Revenue Baselines and Tax Reform. The Budget Bulletin provides regular expert articles by Senate Budget Committee analysts on the issues before Congress relating to the budget, deficits, debt, and the economy. Read the full Senate Budget Bulletin here. Excerpts follow: The Congressional Budget Office (CBO) annually produces a baseline estimate of federal … Continue Reading
03.07.16
Senate Budget Committee Postpones Action on FY 17 Budget Resolution
WASHINGTON D.C. - Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, announced today that the committee will postpone possible action on the FY 2017 budget resolution this month, but that discussions will continue on a path forward for the fiscal blueprint. "The Senate Budget Committee will continue to discuss the budget as well as improvements to the budget process that would increase fiscal honesty, stability in government operations and the ability to help govern our nation,"… Continue Reading
02.17.16
Enzi Asks GAO to Investigate Spending by Feds on Public Relations Activities
WASHINGTON D.C. - GAO will initiate a study to identify and quantify the total amount of federal resources dedicated to agency public relations activities, in response to a formal request from Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee. Enzi cited the increasing pressures on limited federal resources combined with the need for fiscal oversight on spending by the federal government on public relations activities. Enzi issued this GAO request four months after sending a simi… Continue Reading
02.17.16
Federal Agencies to Receive Audit Into Their PR Spending
http://www.govexec.com/oversight/2016/02/federal-agencies-receive-audit-their-pr-spending/126005/ By Eric Katz The Government Accountability Office is launching an investigation to shed a light on a sector of federal agency spending long kept in the shadows: advertising. GAO's announcement came after some powerful lawmakers have pressed agencies for more disclosure into their spending on public relations and advertising. A 2014 Congressional Research Service report found agencies spent $893 m… Continue Reading
02.11.16
Jim Neill Joins Budget Committee as Director of Coalitions and Outreach
WASHINGTON D.C. - Senate Budget Committee Chairman Mike Enzi (R-WY) today announced the appointment of Jim Neill as Coalitions and Outreach Director. The position, focused on grassroots and business trade associations, will increase the dialogue and exchange of ideas between the Committee and organizations focused on the federal budget process and debt reduction. "I am pleased to welcome Jim to the staff of the Senate Budget Committee," said Chairman Enzi."Jim's skills and experience will help … Continue Reading
02.09.16
President’s Final Budget Doubles Down on More Spending and Debt
WASHINGTON D.C. - Republican members of the Senate Budget Committee today issued the following statements after President Obama released his final budget, which joins his previous fiscal blueprints in pushing for more taxes, more spending, more deficits and more debt for the nation. "The President's final budget continues his focus on new spending proposals instead of confronting our country's massive overspending and skyrocketing $19 trillion in debt," said Senate Budget Committee Chairman Mi… Continue Reading
02.04.16
Joint Announcement from Senate and House Budget Committees on OMB Hearing
WASHINGTON D.C. - Senate Budget Committee Chairman Mike Enzi (R-WY) and House Budget Committee Chairman Tom Price (R-GA) today announced that both committees will not hold a hearing hosting the Director of the Office of Management and Budget to review the president's FY 2017 Budget. "It appears the President's final budget will continue to focus on new spending proposals instead of confronting our government's massive overspending and debt," said Chairman Enzi. "It is clear that this Presiden… Continue Reading
02.03.16
Spending on Expired Govt. Programs Exposes Broken Budget Process
WASHINGTON D.C. - During a hearing today focused on spending on unauthorized programs, Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, said that the issue exposes a fundamental breakdown in America's budget process that could have significant consequences for not only government, but also the nation. "An essential premise of good government is that Congress should authorize programs and activities before it funds them," said Chairman Enzi. "If we relinquish our responsibilit… Continue Reading
02.03.16
Politico - Meet your unauthorized federal government
http://www.politico.com/agenda/story/2016/02/government-agencies-programs-unauthorized-000036-000037#ixzz3z7dndI7W By DANNY VINIK The Federal Bureau of Investigation, the Drug Enforcement Agency, and the Bureau of Alcohol, Tobacco, Firearms and Explosives have not been reauthorized by Congress since 2009. The State Department hasn't been reauthorized since 2003. For the Federal Trade Commission and National Weather Service, it's 1998 and 1993, respectively. The Federal Election Commission has … Continue Reading
01.28.16
Budget Committee to Hold Feb. 3 Hearing on Spending on Unauthorized Programs
WASHINGTON D.C. - Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, will hold a hearing Wednesday, February 3, 2016 at 10:00am focused on spending on unauthorized and expired programs. The Congressional Budget Office (CBO) recently released a report on these programs, which noted that the federal government is set to spend more than $310 billion on these programs this year. Testifying will be Congressional Budget Office (CBO) Director Keith Hall, Jessica Tollestrup, Specialist… Continue Reading
01.20.16
Budget Committee to Hold Jan. 26 Hearing on CBO Budget and Economic Outlook
WASHINGTON D.C. - Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, will hold a hearing Tuesday, January 26, 2016 at 10:30am focused on the Congressional Budget Office's (CBO) Budget and Economic Outlook for fiscal years 2016 - 2026. Testifying will be CBO Director Keith Hall. The hearing can be streamed here. WHAT: Hearing on CBO's Budget and Economic Outlook for fiscal years 2016 - 2026 WHO: Dr. Keith HallDirectorCongressional Budget Office WHERE: Dirkse… Continue Reading
01.19.16
Red Ink Surges for Nation’s Long-Term Economic Outlook
WASHINGTON D.C. - Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, released the following statement after the Congressional Budget Office (CBO) issued a summary of its Budget and Economic Outlook: 2016 to 2026 that showed that overspending is projected to be $544 billion this year, which is $105 billion more than last year, and would continue to grow over the next 10 years. "After eight years of failed fiscal policies and wasteful and unaccountable spending, America is faced … Continue Reading
01.19.16
Fiscal Times - Why Is the Government Spending $310 Billion on ‘Unauthorized’ Programs?
http://www.thefiscaltimes.com/2016/01/18/Why-Government-Spending-310-Billion-Unauthorized-Programs By Martin Matishak January 18, 2016 The federal government is on pace to spend around $310 billion in 2016 on programs that have expired, according to a new analysis by the non-partisan Congressional Budget Office (CBO). The 166-page annual report, titled "Unauthorized Appropriations and Expiring Authorizations," looks at all programs and entities funded through the annual appropriations pro… Continue Reading
01.15.16
CBO: Government Will Spend Over $310 Billion on Expired Programs
WASHINGTON D.C. - The federal government will spend more than $310 billion in fiscal year 2016 on programs and activities whose statutory authorization for funding has expired, according to a Congressional Budget Office (CBO) report released today. The $310 billion has been awarded to a wide array of expired programs and entities originally authorized under 256 separate laws. Senate Budget Committee Chairman Mike Enzi (R-WY) said it was time for Congress to take a closer look at these funds. "A… Continue Reading
01.12.16
Retirement calculator glitch gave misleading information
http://bit.ly/1RJJSh7 By Jory Heckman | @jmheckman January 7, 2016 12:43 pm The chairmen of two Senate financial committees claim an agency's online retirement planning calculator misled seniors about how much they could expect to receive in retirement benefits. Sens. Mike Enzi (R-Wyo.), chair of the Senate Budget Committee, and Richard Shelby (R-Ala.), chair of the Senate Committee on Banking, Housing and Urban Affairs, claim the Consumer Finance Protection Bureau gave prospective retirees … Continue Reading
01.11.16
BUDGET BULLETIN: 2016 Omnibus Spending Bill Epilogue
WASHINGTON, DC - The Senate Budget Committee today released its January 11, 2016, Budget Bulletin focused on the 2016 omnibus spending bill. The Budget Bulletin provides regular expert articles by Senate Budget Committee analysts on the issues before Congress relating to the budget, deficits, debt, and the economy. Read the full Senate Budget Bulletin here. Excerpts follow: Use of the Omnibus: Combining Appropriations to Resolve Impasses Recent fiscal years have seen a variety of omnibus per… Continue Reading
01.06.16
Congress Approves Far-Reaching Obamacare Repeal
Measure Will Head to President for First Time WASHINGTON D.C. - The United States Congress, through the budget reconciliation process, passed the most comprehensive and far-reaching repeal of Obamacare to reach the president's desk. The Senate approved the legislation last month, and the House approved today. "Congress has passed the most comprehensive and far-reaching repeal of Obamacare to actually reach the president's desk," said Chairman Enzi. "Most Americans are still opposed to this u… Continue Reading
01.06.16
Lawmakers Want Answers On Consumer Agency’s Faulty Retirement Benefit Planner
http://dailycaller.com/2016/01/05/gop-lawmakers-want-answers-on-consumer-agencys-faulty-retirement-benefit-planner/ JULIEGRACE BRUFKE Republican senators want answers on why a retirement calculator created by the Consumer Financial Protection Bureau (CFPB) is providing flawed results. In a letter written to CFPB director Richard Cordray in December, Senate Committee on the Budget Chairman Mike Enzi of Wyoming and Senate Committee on Banking, Housing, and Urban Af… Continue Reading
