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Today, the Supreme Court overturned a lower court ruling in Consumer Financial Protection Bureau v. Community Financial Services Association of America, Limited. The lower court ruling challenged the constitutionality of the funding structure for the Consumer Financial Protection Bureau (CFPB), which could have also endangered countless other programs not funded through annual appropriations, including Social Security, Medicare, and Medicaid.

Extreme Budget Supported By 80% of House Republicans, 100% of House Republican Leadership Would Cut Law Enforcement Funding

Today, Pennsylvania Congressman Brendan F. Boyle, Ranking Member of the House Budget Committee, delivered opening remarks at a Budget Committee hearing on “The Cost of the Border Crisis.”

Today, the trustees of the Social Security and Medicare trust funds issued their annual reports on the current and projected financial status of the two programs. The report found that the combined OASDI Trust Funds will be able to pay all benefits one year later than previously estimated and the HI Trust Fund will be able to pay full benefits five years longer, driven by a stronger than expected economy. Pennsylvania Congressman Brendan F. Boyle, Ranking Member of the House Budget Committee, released the following statement.

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 175,000 jobs in April.

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 a continued pause in interest rate increases.

Today, the House passed H.R. 7032, the Congressional Budget Office (CBO) Data Sharing Act. This legislation to improve CBO's ability to provide timely cost estimates and reports was introduced by Pennsylvania Congressman Brendan F. Boyle, Ranking Member of the House Budget Committee. He was joined by House Budget Committee Chairman Jodey Arrington as an original cosponsor.

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 first quarter Gross Domestic Product (GDP) for 2024. The report indicates that GDP grew 1.6 percent on an annualized basis in Q1.