Oversight
Chairman Research Test
04.18.16
Enzi Files Topline Numbers to Establish FY 17 Senate Budget Framework
WASHINGTON D.C. - Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, today filed the topline spending numbers agreed to in the Bipartisan Budget Act (BBA) of 2015 last fall, which allows the Chairman of the Senate Budget Committee to enforce the Congressional Budget Act of 1974 and points of order. This language also allows the Senate Appropriations Committee to begin its work on annual spending bills immediately. "Congressional passage of the spending deal last year made top-li… Continue Reading
04.15.16
The Broken Budget Process & How Mike Enzi Wants to Fix it
by Michelle Cottle
If it's April, it must be budget season in Congress-or, more specifically, time for Congress to blow its annual budget deadline. April 15 is the official target. But no one takes that seriously. Often, lawmakers spend an extra month or so hammering out a budget resolution. More often these days, they opt not to pass one at all. Senate Budget Committee Chairman Mike Enzi, for one, is fed up. Looking to spotlight the insanity, he is holding a series of hearings this month exploring "How to fix th… Continue Reading
04.13.16
Enzi: It’s Time For a Better Budget Process
WASHINGTON D.C. - During the Senate Budget Committee's second in a series of hearings focused on America's broken budget process, Chairman Mike Enzi (R-WY) today said congressional budgets are no longer governing documents and are increasingly ignored, leaving the country without a long-term plan. He said it's time for a better budget process that allocates taxpayer resources effectively and efficiently. "It's long past time for a serious, constructive conversation about how we fix our broken … Continue Reading
04.13.16
GAO Report on Duplication Highlights Effect of Broken Budget Process
WASHINGTON D.C. - Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, released the following statement today after the Government Accountability Office (GAO) issued a new report highlighting program duplication that has arisen because of America's broken budget process. "The duplication highlighted in GAO's new report is because of America's broken budget process, and contributes to the nation's spiraling levels of overspending," said Chairman Enzi. "A better budget process wil… Continue Reading
04.12.16
Establishing an FY17 Senate Budget Framework
WASHINGTON, DC - The Senate Budget Committee today released its April 12, 2016, Budget Bulletin focused on establishing a fiscal year 2017 Senate Budget framework. 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: Producing a Senate Budget Framework The Bipartisan Budget Act of 2015 (BBA-15, P.L. 114-74) requ… Continue Reading
04.07.16
Budget Committee to Hold April 13 Hearing on Fixing Broken Budget Process
WASHINGTON D.C. - Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, will hold the second in a series of hearings Wednesday, April 13, 2016 at 10:30am focused on fixing the broken budget process. Wednesday's hearing will highlight the benefits of outcome-based budgeting and how it could improve congressional budget decisions. The current input-based process encourages Congress to ask how much more it can spend on a program. Changing this process to an outcome-based approach would… Continue Reading
04.06.16
Enzi: Federal Financial Mismanagement Contributes to Broken Budget Process
WASHINGTON D.C. - During a hearing today focused on the unreliability of federal financial data, Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, said that the federal government's financial mismanagement contributes to the broken budget process. "The Congressional budget process is fundamentally broken, which has contributed to spiraling levels of overspending and debt," said Chairman Enzi. "But it's important to understand that the broken budget process is just one part of … Continue Reading
04.01.16
Budget Committee to Hold April 6 Hearing on GAO Audit of Unreliable Federal Financial Data
WASHINGTON D.C. - Senator Mike Enzi (R-WY), Chairman of the Senate Budget Committee, will hold a hearing Wednesday, April 6, 2016 at 10:30am focused on the unreliability of federal financial data based on audits done by the Government Accountability Office (GAO). The Secretary of the Treasury, in coordination with the Director of the Office of Management and Budget (OMB), annually prepares the consolidated financial statements of the U.S. Government, for Congress and the Administration to use i… Continue Reading
03.24.16
U.S. News: The Budget's Broken. It's Time to Fix It
by Chairman Mike Enzi (R-WY)
The recent spending and debt deal clearly illustrates that the federal budget process is in serious need of reform. America's current budget challenges are directly related to this breakdown and fixing it can put the country on a more responsible spending path going forward. If there was any doubt that the federal budget process is broken, consider this: Congress has passed budget resolutions in less than half of the last 15 fiscal years, and prior to this year's balanced budget resolution, the… Continue Reading
03.09.16
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
03.09.16
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
03.09.16
Retirement calculator suffered from ‘coding error'; senators press for more answers
by Jory Heckman
In a letter to Sens. Mike Enzi (R-Wyo.) and Richard Shelby (R-Ala.), CFPB Director Richard Cordray said there are legitimate reasons why the agency's retirement calculator produced different results from a similar tool available on the Social Security Administration's website. "The Bureau appreciates the Committee's concern regarding certain differences in estimates," Cordray wrote. "We share this concern, so Bureau staff worked to ensure our tool is both informative and reliable … burea… 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
02.24.16
President’s FY 2017 Budget – Budget Process Proposals
WASHINGTON, DC - The Senate Budget Committee today released its seventh and final analysis on the President's FY 2017 Budget submission. The February 24, 2016, Budget Bulletin is focused on the fiscal blueprint's budget process proposals. 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: In addition to funding… Continue Reading
02.23.16
President’s FY 2017 Budget – Domestic Policy Proposals
WASHINGTON, DC - The Senate Budget Committee today released its sixth in a series of analyses of the President's FY 2017 Budget submission. The February 23, 2016, Budget Bulletin is focused on the Budget's domestic policy proposals. 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: Overall, the president's bud… Continue Reading
02.19.16
President’s FY 2017 Budget – Revenue Proposals
WASHINGTON, DC - The Senate Budget Committee today released its fifth in a series of analyses of the President's FY 2017 Budget submission. The February 19, 2016, Budget Bulletin is focused on the Budget's revenue proposals. 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: Overview of POTUS FY 17 Budget Reven… Continue Reading
02.18.16
President’s FY 2017 Budget – Education Proposals
WASHINGTON, DC - The Senate Budget Committee today released its fourth in a series of analyses of the President's FY 2017 Budget submission. The February 18, 2016, Budget Bulletin is focused on the Budget's education proposals. 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: Education Overview President Bar… Continue Reading
