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News and Views |
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Lewis:
Financial Services Appropriations bill needs “more frugality, less spending” The
legislation totals $22.39 billion, which is $153 million over the President’s
request and $1.8 billion over last year’s level. “Frankly,
this bill needs more frugality, less spending, and a firmer hand with the
taxpayers’ money,” House Appropriations Ranking Republican Jerry Lewis said.
“While many of these programs are essential to maintaining a working federal
government, we must be more mindful of our overall spending and not simply fully
fund programs just because the money is available.” The
legislation approved today includes $12.58 billion for the Treasury Department,
which is $580 million over last year’s level and $115 million over the
President’s request. Independent federal agencies received a collective total
of $3.5 billion, which is $980 million over last year’s level and $210 million
over the request. The federal payment to the In
addition, the legislation contains several controversial policy provisions,
including loosening the ban on travel to Cuba, prohibiting the implementation of
new F “I
am disappointed with all of the controversial policy changes and lack of
adequate spending restraint in this bill,” Lewis said. “This legislation
needs some work, but I am optimistic that its flaws can be worked out as we go
forward with a fair, traditional appropriations process that includes an open
rule on the House floor,” he continued. Click Here to Return to News & Views
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