Johnson, Banks Slam Democrat Plan to Raise Spending Caps
Washington, DC,
April 4, 2019
Tags:
Fiscal Responsibility
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:
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. |