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JOHNSON, BANKS SLAM DEMOCRAT PLAN TO RAISE SPENDING CAPS

Apr 8, 2019
Press Release

WASHINGTON – Republican Study Committee (RSC) Chairman Mike Johnson (R-La.) and RSC Budget and Spending Task Force Chairman Jim Banks (R-Ind.) released the following statement after House Democrats’ decision to forgo producing a budget proposal and instead raise the discretionary spending caps to the tune of $2 trillion over 10 years:

 

“Rather than focusing on our ballooning federal debt, currently $22 trillion and counting, and releasing a budget resolution, Democrats have decided to ignore their responsibilities and drive us further into the hole. Their proposal to raise the discretionary spending caps not only fails to address America’s increasingly dangerous fiscal situation but highlights just how out-of-touch the Left has become. Moreover, their contention that providing for national security in some way obligates unnecessary spending on non-defense programs is patently absurd.

 

“President Trump is right – Congress cannot maintain the status quo by continuing to push irresponsible caps deals. We stand with the president and look forward to releasing our own balanced budget that will promote many of our shared priorities and restore fiscal sanity to the legislative process.”

 

 

BACKGROUND

On Tuesday, House Budget Committee Chairman John Yarmuth (D-Ky.) introduced the Investing for the People Act of 2019 in lieu of producing a budget resolution for FY 2020. This bill irresponsibly applies the principle of parity, meaning regardless of the program or need, non-defense spending would be increased in an equal amount to any necessary national security funding increase. This bill contains not a single dollar in spending offsets and exempts two new categories of spending from the proposed non-defense caps. 

 

The bill passed out of committee on April 3, 2019 without a single Republican vote.