News

March 18, 2011 Press Release
The Treasury Department has an important role to play in helping to address the concerns of everyday Americans in the areas of tax assistance, small business credit, mortgage relief, and the creation of economic opportunity. I look forward to discussing your important work in all of these areas today.
March 17, 2011 Press Release
Interior and Environment Appropriations Subcommittee hearing Bureau of Ocean Energy Management, Regulation & Enforcement & the Office of Natural Resource Revenue FY 2012 Budget:"The Deepwater Horizon blowout proves beyond a doubt that there are inherent risks to drilling offshore. It also underscores the fallacy of the "drill baby, drill" mantra. Drilling at all costs to satisfy this nation's rapacious energy needs is reckless and costly. The truth is that we will never achieve energy independence by drilling for more oil in the U.S."
March 17, 2011 Press Release
We are going to hear today about problems of improper payments in Medicare. Yet, even as the number of Medicare beneficiaries is rising, H.R. 1, the majoritys appropriations bill that passed the House last month, cuts appropriations for Medicare and Medicaid operations by $458 million, or 13 percent below last year.
March 17, 2011 Press Release
Mr. Chairman, there is no budget more deserving of our attention than the VA. We have asked a new generation of heroes to sacrifice on behalf of our country and we have an obligation to take care of them when they come home
March 16, 2011 Press Release
The House majoritys funding bill for the remainder of Fiscal Year 2011, H.R.1, takes a serious bite out of our efforts to prevent and treat drug abuse and thereby reduce demand for the cartels poisonous commodities...to put it simply, H.R. 1 would set our national drug control efforts back by over a billion dollars. It would rob Peter to pay Paul, cutting programs that reduce demand while maintaining those targeted at the supply of drugs.
March 16, 2011 Press Release
Unfortunately, we must compare this robust request with the funding level provided in the House-passed continuing resolution. That resolution cut IRS funding by approximately $600 million from fiscal year 2010...I think such cuts to the IRS budget are very misplaced. It makes little to no sense to impose harsh budget reductions on the very agency that raises the vast majority of revenue.
March 15, 2011 Press Release
Your agency is the last line of defense for our aviation sector, and while significant improvements have been made, the high threat environment we face makes plain the need to close any critical gaps that remain.
March 15, 2011 Press Release
Todays hearing topic, HUDs Transformation Initiative, is a product of the current Administrations commitment, and in particular Secretary Donovans commitment, to revitalizing the Department, addressing its structural inefficiencies and modernizing its information technology systems.
March 15, 2011 Press Release
I am not pleased to be here today with yet another short-term bill. I sincerely hope that we use this time judiciously so the next time we consider a bill for fiscal year 2011, it is the last.
March 15, 2011 Press Release
I am not pleased to be here today with yet another short-term bill. I sincerely hope that we use this time judiciously so the next time we consider a bill for fiscal year 2011, it is the last.

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