Financial Services and General Government
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Thank you, Madam Speaker.
I rise today in strong opposition to H.R. 4502, a package of seven fiscal year 2022 appropriations bills that will be considered by the House this week.
I wish the circumstances were different and I could support this important piece of legislation that funds critical programs.
Thank you, Chairman McGovern and Ranking Member Cole, for allowing me to testify on H.R. 4502, a package of seven fiscal year 2022 appropriations bills.
I wish the circumstances were different and I were here speaking in favor of this important piece of legislation.
Madam Chair, thank you for yielding.
The revised spending allocations presented today contain only technical corrections to the initial allocations, which were adopted on a party-line vote two weeks ago.
Because there are no substantive changes from the initial allocations, I must once again oppose them.
Madam Chair, thank you for yielding.
These spending allocations will increase discretionary spending by hundreds of billions of dollars to an all-time high of $1.5 trillion.
This nearly 9% increase above fiscal year 2021 comes at a time of record-high deficits and debt:
Thank you, Madam Chair, for yielding.
First, I want to recognize Chairman Quigley and Ranking Member Womack for their work on putting this Financial Services bill together.
WASHINGTON – Today, the subcommittees on Financial Services and General Government and Legislative Branch met to consider their appropriations bills for fiscal year 2022. The measures were reported out to the full committee with concerns raised by Republicans.
I want to thank Chairman Quigley for presenting the Financial Services and General Government bill, the first appropriations bill we will consider for fiscal year 2022.
I also want to recognize my friend, Mr. Womack, in his first markup as ranking member. I thank him for his years of service on the Budget Committee and now his leadership on this subcommittee.