Ranking Member Press

01.06.16

Senators: CFPB Miscalculated With Retirement Tool

http://morningconsult.com/alert/gop-senators-cfpb-miscalculated-with-retirement-tool/ Two Senate GOP committee chairmen criticized the Consumer Financial Protection Bureau for releasing a retirement benefits calculator that they say is inaccurate and duplicative of a similar Social Security Administration tool. Senate Banking Committee Chairman Richard Shelby (R-Ala.) and Budget Committee Chairman Mike Enzi (R-Wyo.) wrote to CFPB Director Richard Cordray and said the independent agency's retir… Continue Reading


01.05.16

Senate Republicans blast consumer panel's glitchy retirement calculator

http://thehill.com/policy/finance/banking-financial-institutions/264780-senate-republicans-blast-glitchy-retirement[thehill.com] By Sylvan Lane - 01/05/16 12:02 PM EST Two top Senate Republicans are asking a consumer protection agency why an online retirement planning tool offers incorrect guidance to users. Sens. Mike Enzi (R-Wyo.) and Richard Shelby (R-Ala.), chairmen of the Senate Budget and Banking committees, asked the Consumer Financial Protection Bureau (CFPB) why its retirement cal… Continue Reading


12.16.15

Senate Chairmen: Consumer Protection Bureau Retirement Calculator Broken

"Retirement Tool" Duplicates Efforts by Social Security Administration 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, today blasted the Consumer Financial Protection Bureau (CFPB) for carelessly spending government resources on a duplicative and wasteful retirement calculator that produces flawed results for Americans looking for clear and accurate i… Continue Reading


12.16.15

2015 Budget Committee Chairman's Report

The 2015 Senate Budget Committee Chairman's Report:… Continue Reading


12.16.15

2015 Budget Year in Review GRAPHIC

The 2015 Senate Budget Committee Year In Review by the numbers.… Continue Reading


12.15.15

2015 Budget Year In Review

From a Balanced Budget to Obamacare Repeal WASHINGTON D.C. - Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, said today that with the Senate under new Republican management, the Budget Committee has played an important role by working to pass the first ten-year balanced budget since 2001 and approving the repeal of Obamacare through the budget reconciliation process. "Republicans in the Senate have been focused on putting our country on not just another course, but a better… Continue Reading


12.09.15

Enzi: We Must Understand Economic Impact Of America’s Regulations

WASHINGTON D.C. - During a hearing today on regulatory budgeting, Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, said it was vital to understand the cumulative costs and impact of regulations on the economy imposed by federal agencies through new rules. "The effects of regulation can be seen every day in my home state, not as fluctuations in statistical data, but in lost jobs and in the concerns that people have about the future of their communities," said Chairman Enzi. "T… Continue Reading


12.03.15

Senate Approves Far-Reaching Obamacare Repeal

WASHINGTON D.C. - The United States Senate today passed the most comprehensive and far-reaching repeal of Obamacare possible. The House of Representatives is expected to take up and pass the Senate approved version shortly, which would send repeal legislation to the President for the first time in his tenure. "With approval of this budget reconciliation bill, the Senate today has passed the most comprehensive and far-reaching repeal of Obamacare possible," said Chairman Enzi. "Most Americans… Continue Reading


12.01.15

Chairman Enzi: From Obamacare’s Broken Promises to Better Care

WASHINGTON D.C. - Senate Budget Committee Chairman Mike Enzi (R-WY) today noted that Americans are ready to move past Obamacare's broken promises to better health care as the U.S. Senate opened debate on repealing the president's health care law as part of the budget reconciliation process. "Obamacare still remains unworkable, unaffordable, and more unpopular than ever. For millions of Americans, the law today represents nothing more than broken promises, higher costs and fewer choices," said … Continue Reading


11.03.15

Chairman Enzi: Two-Year Budgets Will Make Spending Process More Transparent

WASHINGTON D.C. - During a second Senate Budget Committee hearing on fixing America's broken budget process, Chairman Mike Enzi (R-WY) today said that moving the nation to a biennial budget would create more stability and predictability for agencies as well as state and local governments. Most importantly, he said, it will increase the transparency of the federal spending process and help make government more accountable. "The worst kept secret in Washington is that we essentially operate on a … Continue Reading


10.29.15

Budget Committee to Hold Nov.4 Hearing on Biennial Budgeting

WASHINGTON D.C. - Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, will hold a hearing Wednesday, November 4, 2015 at 10:30am on a biennial approach to better budgeting. Testifying will be Senator Johnny Isakson (R-GA), Senator Thomas Carper (D-DE), Mr. William G. Batchelder, the former Speaker of the Ohio House of Representatives and Mr. Robert L. Bixby, Executive Director of the Concord Coalition. The hearing can be streamed here. WHAT: Hearing: A Biennial Approach … Continue Reading


10.28.15

CBO Report Shows Senate Committees Have Authorized $2.2 Billion Less Than Budgeted

WASHINGTON D.C. - At the request of Senate Budget Committee Chairman Mike Enzi (R-WY), the Congressional Budget Office (CBO) released a report for October 2015 that tracks the budgetary impact of enacted legislation against the FY 2015 deemed budget resolution and the FY 2016 balanced budget resolution approved by Congress earlier this year. The CBO report provides a status update on Congress' progress against the balanced budget resolution passed earlier this year. The report shows that over th… Continue Reading


10.27.15

BUDGET BULLETIN: How Back-End Spending Impacts the Budget

WASHINGTON, DC - The Senate Budget Committee today released its October 27, 2015, issue of the Budget Bulletin focused on back-end spending and its impacts on the federal budget. 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: How Back-End Agency Spending Impacts the Budget Congress acts on the "front end" … Continue Reading


10.23.15

Chairman Enzi: Help the economy by stopping onslaught of regulations

Washington, D.C. - It is often said that there are two constants in life - death and taxes, but according to U.S. Senator Mike Enzi, R-Wyo., it appears there is one more issue that Americans can't seem to escape from- regulations. Speaking on the Senate floor today, Enzi said this inability to escape federal regulations is making it harder for Americans by slowing down the economy and making it more difficult to find a good job. "This is a relationship that is clear to the people that exper… Continue Reading


10.21.15

Enzi: Healthy Budget Process Strengthens Democracy

WASHINGTON D.C. - Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, today held a hearing on the need to take action on reforming the federal budget process. Testifying were Michael Peterson, President and CEO of the Peter G. Peterson Foundation and Dr. Douglas Holtz-Eakin, President of the American Action Forum and former director of the Congressional Budget Office (CBO). "A well-functioning budget process strengthens democracy by giving citizens a better understanding of gove… Continue Reading


10.06.15

BUDGET BULLETIN: Social Security Replacement Rates

WASHINGTON, DC - The Senate Budget Committee today released its October 6, 2015, issue of the Budget Bulletin focused on Social Security replacement rates. 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: Social Security Replacement Rates Social Security provides monthly cash benefits to retired and disabled… Continue Reading


10.02.15

UPDATED BUDGET BULLETIN: Debt-Limit Debate New Budget Committee and Treasury Forecasts

WASHINGTON, DC - The Senate Budget Committee today updated its recent issue of the Budget Bulletin focused on the debt-limit debate to include new Budget Committee and Treasury forecasts. 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 current Budget Committee forecast is for extraordinary measures to be… Continue Reading


09.30.15

Enzi: Congress Should Pass Annual Spending Bills Instead of Continuing Resolutions

WASHINGTON D.C. - Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, today released the following statement after the Senate passed a short-term continuing resolution, which would fund government agencies through December 11, 2015: "Earlier this year, Congress approved its first joint 10-year balanced budget since 2001. Now one of our top priorities must be to approve fiscally responsible spending legislation to match this sensible blueprint," said Chairman Enzi. "For the first … Continue Reading


09.29.15

BUDGET BULLETIN: 2016 Continuing Resolution

WASHINGTON, DC - The Senate Budget Committee today released its September 29, 2015, issue of the Budget Bulletin focused on the 2016 Continuing Resolution, which would fund government agencies through December 11, 2015. 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: 2016 Continuing Resolution With appro… Continue Reading


09.15.15

BUDGET BULLETIN: Fall Debt-Limit Debate

WASHINGTON, DC - The Senate Budget Committee today released its September 15, 2015, issue of the Budget Bulletin focused on the debt-limit debate. 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 Fall Debt-Limit Debate There is a growing consensus that sometime between November 15 and December 15 of this… Continue Reading

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