Ranking Member Press
New GAO Report Shows Trust Funds on Unsustainable Course
WASHINGTON, D.C. - The U.S. Government Accountability Office (GAO), the non-partisan government watchdog agency, today released a report requested by Senate Budget Committee Chairman Mike Enzi (R-WY) and Senator Mike Braun (R-IN) warning that some major federal trust fund programs - including Social Security and Medicare - are on an unsustainable course. While total federal trust fund balances increased between fiscal years 2014 and 2018, the projected total balance is expected to begin decreas… Continue Reading
01.14.20
Senate Budget Committee Approves Trade Legislation
WASHINGTON, D.C. - The Senate Budget Committee today approved H.R. 5430, The United States-Mexico-Canada Agreement Implementation Act. The agreement is designed to boost economic growth by modernizing the North American Free Trade Agreement (NAFTA). The bill was previously approved by the Senate Finance Committee last week and by the Senate Environment and Public Works Committee earlier today. In addition, the bill was also referred to the Senate Committees on Appropriations, Commerce, Science a… Continue Reading
12.05.19
New Scorekeeping Report Continues Focus on Fiscal Transparency in Congress
WASHINGTON, D.C. - Today, Senate Budget Committee Chairman Mike Enzi (R-WY) announced the release of the December 2019 Senate scorekeeping report. That report tracks the budgetary impact of legislation approved by Congress against the deemed budgetary numbers included in the Bipartisan Budget Act of 2019. The Congressional Budget Act of 1974 requires the Chairmen of the House and Senate Budget Committees to provide members of Congress with regular updates on the budgetary effects of congressio… Continue Reading
11.06.19
WHAT OTHERS ARE SAYING: Bipartisan Budget Process Reform Legislation
WASHINGTON, D.C. - The Senate Budget Committee approved bipartisan budget reforms sponsored by Chairman Mike Enzi (R-WY) and Senator Sheldon Whitehouse (D-RI) to fix the government's broken budget process by a vote of 15 to 6. The bill, S.2765 - the Bipartisan Congressional Budget Reform Act, would provide a more orderly and deliberative budget process focused on long-term fiscal planning. The historic measure approved today represents the first bipartisan budget reforms approved by the Senate B… Continue Reading
11.06.19
Senate Budget Committee Approves Historic Bipartisan Budget Reforms
WASHINGTON, D.C. - The Senate Budget Committee today approved bipartisan budget reforms sponsored by Chairman Mike Enzi (R-WY) and Senator Sheldon Whitehouse (D-RI) to fix the government's broken budget process. The bill, S.2765 - the Bipartisan Congressional Budget Reform Act, would provide a more orderly and deliberative budget process focused on long-term fiscal planning. The historic measure approved today represents the first bipartisan budget reforms approved by the Senate Budget Committee… Continue Reading
10.31.19
Senators Enzi and Whitehouse Offer Bipartisan Reforms to Fix Broken Budget Process
WASHINGTON, D.C. - Senate Budget Committee Chairman Mike Enzi (R-WY) and Committee member Senator Sheldon Whitehouse (D-RI) today introduced bipartisan legislation to fix the federal government's broken budget process. The Bipartisan Congressional Budget Reform Act would provide a more orderly, deliberative budget process focused on long-term fiscal planning. It would end the brinksmanship surrounding the debt limit and encourage bipartisan collaboration in tackling our growing debt and deficits… Continue Reading
10.30.19
Chairman Enzi: Better Financial Management Will Lead to Better Budgets
WASHINGTON, D.C. - Senate Budget Committee Chairman Mike Enzi (R-WY) said it was important to learn what the federal government is doing well in terms of federal financial management, and what opportunities exist for further improvements during a hearing today focused on the federal government's efforts to meet the requirements of the Chief Financial Officers (CFO) Act of 1990. "When the CFO Act was signed into law nearly 30 years ago, it laid a new foundation for federal financial management,… Continue Reading
10.28.19
Joint Statement from Chairman Enzi and Ranking Member Womack Opposing H.R. 2440
WASHINGTON, D.C. - Senate Budget Committee Chairman Mike Enzi (R-WY) and House Budget Committee Ranking Member Steve Womack (R-AR) issued the following statement today expressing opposition to H.R. 2440, the Full Utilization of the Harbor Maintenance Trust Fund (HMTF): "The Bipartisan Budget Act of 2019, which increased spending caps for fiscal years 2020 and 2021, was enacted less than three months ago. Instead of prioritizing additional funding for harbor maintenance activities under this ag… Continue Reading
10.25.19
Chairman Enzi: Soaring Deficits Show Our Fiscal Path is Unsustainable
WASHINGTON, D.C. -Senate Budget Committee Chairman Mike Enzi (R-WY) released the following statement today after the Department of Treasury issued its monthly treasury report showing the federal government's deficit rising by more than 26 percent from last year to $984 billion: "Today's report shows that our nation's current fiscal path is unsustainable. In the last twelve months, the federal deficit has surged more than 26 percent. While the federal government's revenue continues to grow, s… Continue Reading
10.23.19
Chairman Enzi: Pension Bailout Would Leave Taxpayers Holding the Fiscal Bag
WASHINGTON, D.C. - During a speech on the floor of the United States Senate, Budget Committee Chairman Mike Enzi (R-WY) warned that a House of Representatives-passed bill, the Rehabilitation for Multiemployer Plans Act of 2019, would bail out some of the worst-funded multiemployer plans at taxpayers' expense. "My concern with this bill is not just with its immediate costs to taxpayers, but also what it would mean down the road," said Chairman Enzi. "This bill would send the signal to private … Continue Reading
10.17.19
Enzi: Scorekeeping Reports Will Foster Fiscal Transparency in Federal Spending Process
WASHINGTON, D.C. - Today, Senate Budget Committee Chairman Mike Enzi (R-WY) announced the release of the October 2019 Senate scorekeeping report. That report tracks the budgetary impact of legislation approved by Congress against the deemed budgetary numbers included in the Bipartisan Budget Act of 2019. The Congressional Budget Act of 1974 requires the Chairmen of the House and Senate Budget Committees to provide members of Congress with regular updates on the budgetary effects of congression… Continue Reading
09.25.19
Enzi: America’s Fiscal Path is Unsustainable
WASHINGTON, D.C. - During a speech on the floor of the Senate, Budget Committee Chairman Mike Enzi (R-WY) continued to raise alarm bells that America's current fiscal course is unsustainable. Enzi noted that in the first 11 months of the fiscal year, federal revenue increased by 3 percent compared to the same period last year, while spending increased by 7 percent. "The threat of a fiscal crisis is not something anyone should take lightly. As a father and grandfather, this is a concern that ke… Continue Reading
08.15.19
Enzi: Growth in Spending Continues to Outpace Revenue
WASHINGTON, D.C. - Senate Budget Committee Chairman Mike Enzi (R-WY) today said it is clear the nation has a spending problem as a recent report shows once again that high levels of federal spending continue to outpace revenue. A new report from the Department of Treasury showed that year-to-date revenues were up 3.4 percent, while spending rose 8 percent compared to the same period last year. "We clearly have a spending problem. The rate of growth in federal spending is not sustainable," said… Continue Reading
08.01.19
Enzi Questions NASA on Ballooning Costs for Major Space Programs
CLICK HERE FOR THE LATEST UPDATE WASHINGTON, D.C. - Senate Budget Committee Chairman Mike Enzi (R-WY) this week questioned the National Aeronautics and Space Administration (NASA) over continued reports of cost growth and schedule delays in the agency's major projects. Enzi was particularly concerned that the cost and schedule performance of the projects "continues to deteriorate," according to the Government Accountability Office (GAO). "I am troubled by continued reports of cost growth and… Continue Reading
07.30.19
Enzi Releases Ideas to Fix Broken Congressional Budget and Spending Process
WASHINGTON, D.C. - Senate Budget Committee Chairman Mike Enzi (R-WY) today released several proposals to fix America's broken budget and spending process gleaned from hearings and meetings with members of Congress, state officials, the administration, and stakeholder groups. Enzi noted the proposals reflect suggestions from members of both sides of the aisle and from groups that span the political spectrum. He said these ideas are rooted in fixing our broken budget and spending process, and are … Continue Reading
07.17.19
Bipartisan Group of Senators Push White House Budget Office to Publish Comprehensive List of Federal Programs
WASHINGTON, D.C. - A bipartisan group of senators, led by Senate Budget Committee Chairman Mike Enzi (R-WY) and Senator James Lankford (R-OK), is calling on the White House Office of Management and Budget (OMB) to make a list of all federal programs publicly available on a central government-wide website in order to identify and eliminate program waste and duplication. In addition to Senators Enzi and Lankford, the group included Senators John Kennedy (R-LA), Mike Braun (R-IN), Mike Crapo (R-ID… Continue Reading
06.27.19
Enzi Warns Surging Federal Debt Puts Nation at Risk of Fiscal Crisis
WASHINGTON, D.C. - During a speech today on the floor of the United States Senate, Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, called attention to the federal government's unsustainable fiscal outlook and noted that a Congressional Budget Office report released this week on the long-term budget outlook projected that our surging federal debt is putting the nation at risk of a "fiscal crisis." "The federal government is swimming in a sea of red ink that threatens to drown… Continue Reading
06.26.19
Enzi: Securing Nation’s Fiscal Future Begins by Fixing the Broken Budget Process
WASHINGTON, D.C. - During a hearing today on securing the nation's fiscal future, Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, said that he hoped the committee would produce bipartisan proposals to fix America's broken budget and spending process. Testifying was Gene L. Dodaro, the Comptroller General for the Government Accountability Office (GAO), who discussed what fiscal rules other countries have utilized to manage their debt and deficits, as well as other steps Congres… Continue Reading
06.25.19
Enzi Statement on CBO’s 2019 Long-Term Budget Outlook
WASHINGTON, D.C. - Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, released the following statement on the Congressional Budget Office's (CBO) 2019 Long-Term Budget Outlook: "CBO's latest projections make it clear that Washington has a spending problem. Our autopilot spending continues to grow almost entirely unchecked. Fifty years ago, such spending comprised 36 percent of total spending. Today, that figure is approaching 70 percent, and according to CBO's estimate, will to… Continue Reading
06.19.19
Chairman Enzi: States Could Have Lessons on Fixing America’s Broken Budget Process
WASHINGTON, D.C. - Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, today continued the committee's work on fixing America's broken budget and spending process, with a focus on how different state budget processes work, and whether some state practices could be successfully applied to the federal level. Enzi noted that the way Wyoming budgets and spends could provide important lessons for Congress on fiscal responsibility. "An important lesson to be learned from the states i… Continue Reading
