Newsroom
Recent Press Releases
July 25, 2024
Today, Pennsylvania Congressman Brendan F. Boyle, Ranking Member of the House Budget Committee, released the following statement after the Bureau of Economic Analysis released its initial estimate of second quarter Gross Domestic Product (GDP) for 2024. The report indicates that GDP grew 2.8 percent on an annualized basis in Q2.
July 19, 2024
"A fierce advocate for the people of Houston and for racial and economic justice everywhere, the Congresswoman will be truly missed by all of us who served alongside her."
July 12, 2024
Today, Pennsylvania Congressman Brendan F. Boyle, Ranking Member of the House Budget Committee, released the following statement on the 50th anniversary of the Congressional Budget and Impoundment Control Act of 1974.
July 5, 2024
Today, Pennsylvania Congressman Brendan F. Boyle, Ranking Member of the House Budget Committee, released the following statement after the Bureau of Labor Statistics (BLS) reported that nonfarm payroll employment increased by 206,000 jobs in June.
June 18, 2024
Today, Pennsylvania Congressman Brendan F. Boyle, Ranking Member of the House Budget Committee, issued a statement following the release of the Congressional Budget Office's (CBO) updated June 2024 Budget and Economic Outlook. Compared to CBO’s previous forecast, the report showed that CBO expects stronger real GDP growth of 2.0 percent in 2024 and lower unemployment at 3.9 percent in 2024.
June 13, 2024
Today, at a hearing with the Chief Actuaries for Social Security and Medicare, Ranking Member Brendan F. Boyle and House Budget Committee Democrats laid out the devastating impact of the 2025 Republican Study Committee (RSC) budget. Following the hearing, Budget Committee Democrats released two new fact sheets detailing how the RSC budget will cut Social Security benefits and end Medicare as we know it – in stark contrast to Democratic proposals to defend these hard-earned benefits.
June 13, 2024
Today, Pennsylvania Congressman Brendan F. Boyle, Ranking Member of the House Budget Committee, delivered opening remarks at a Budget Committee hearing on “Medicare and Social Security: Examining Solvency and Impacts to the Federal Budget.”
June 12, 2024
Today, Pennsylvania Congressman Brendan F. Boyle, Ranking Member of the House Budget Committee, released the following statement after the Federal Open Market Committee (FOMC) announced it was maintaining the current interest rate target range.
June 10, 2024
Today, House Budget Committee Ranking Member Brendan F. Boyle and Senate Budget Committee Chairman Sheldon Whitehouse sent a letter to Federal Reserve Board Chair Jerome Powell ahead of this week’s Federal Open Market Committee (FOMC) meeting, expressing concern over the harmful economic effects of prolonged elevated interest rates and calling on the Fed to begin lowering rates.
June 7, 2024
Today, Pennsylvania Congressman Brendan F. Boyle, Ranking Member of the House Budget Committee, released the following statement after the Bureau of Labor Statistics (BLS) reported that nonfarm payroll employment increased by 272,000 jobs in May.