News Releases

Currently showing results related to Budget. (See all results)

July 2011
07/27/2011
CBO Says Democratic Deficit Reduction Plan Saves U.S. $2.2 Trillion, Nearly 3 Times the Republican Bill

WASHINGTON, DC -- The non-partisan Congressional Budget Office (CBO) today reported that the Senate Democratic bill to prevent default and cut spending will reduce the budget deficit by about $2.2 trillion over the next ten years, nearly three times... Read More
07/26/2011
Reed Warns RI Families Could Suffer if U.S. Forced into Default

WASHINGTON, DC -- With one week remaining before the United States hits an August 2nd deadline when the government runs out of money to pay its bills unless Congress acts, U.S. Senator Jack Reed (D-RI) today warned that the Republican-created impasse... Read More
07/14/2011
Under Questioning from Reed, Bernanke Warns Government Default Would Be “Self-Inflicted Wound”

WASHINGTON, DC – As demands to preserve wasteful tax loopholes continue to hold America’s creditworthiness hostage and prevent the U.S. from paying its bills and taking needed steps to reduce the deficit, U.S. Senator Jack Reed (D-RI)... Read More
May 2011
05/10/2011
Reed Heading to White House to Discuss Efforts to Create Jobs and Tackle the National Deficit

WASHINGTON, DC - As Congress debates a plan to strengthen the economy and address the national debt, U.S. Senator Jack Reed (D-RI) will travel to the White House tomorrow to meet with President Obama and fellow lawmakers to discuss a range of... Read More

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July 2011