House Budget Committee news stories on Newser

New GOP Budget Would Cut $4T

Matt Cantor — Mon, 04 Apr 2011 07:52:29 CDT

In an attempt to reframe the budget debate, Republicans are proposing a 2012 budget that features $4 trillion in spending cuts over the next decade—and would end Medicare as we know it, reports the Wall Street Journal . Democrats won’t likely support the 2012 plan, helmed by House Budget Chair...

Paul Ryan Will Give GOP's State of the Union Response

Matt Cantor — Fri, 21 Jan 2011 13:32:48 CST

GOP up-and-comer Paul Ryan will deliver the Republican response to President Obama’s State of the Union address next week , reports the Washington Post . Ryan is chair of the House Budget Committee, and he'll speak from the panel's hearing room to underscore a message of fiscal discipline, say party leaders. Ryan,...

Bernanke Sees Slow Recovery, Despite Positive Signs

Matt Cantor — Wed, 03 Jun 2009 10:40:00 CDT

The US has a long way to go before the economy returns to full health, despite hopeful signs, Ben Bernanke told the House budget committee today. “Recovery will only gradually gain momentum and that economic slack will diminish slowly,” the Fed chairman said. With businesses cautious, “the unemployment rate is...

Bernanke Backs Quick Bailout

Kevin Spak — Thu, 17 Jan 2008 10:50:00 CST

The country needs a federal stimulus package ASAP, Federal Reserve Chairman Ben Bernanke told the House Budget Committee today, advocating immediate legislation designed “so its effects on aggregate spending are felt as much as possible within the next 12 months.” But he said the package should be “explicitly temporary,” to...

Bernanke Backs Stimulus Plans for Economy

Wesley Oliver — Wed, 16 Jan 2008 19:51:18 CST