House Budget Committee - Featured Articles
FY 2021 Reconciliation
The Biden Bailout Bill - the wrong plan, wrong time, wrong reasons. Less than 9 percent of the spending in this bill goes to crushing…
Read MoreGAO Confirms Over $1 Trillion in Unspent COVID Funding
The Government Accountability Office (GAO) last week published a report on federal pandemic relief aid detailing large sums of federal funding that remain unspent. As Congressional Democrats continue their calls for at least $3.5 trillion in new government spending, the GAO report estimates that more than $1 trillion in pandemic relief aid approved over the last year remains unspent, including $156 billion by the Department of Health and Human Services (HHS) and another $210 billion that was allocated for state and local governments. House Budget Committee Republican Leader Jason Smith (MO-08) issued the following statement: “Despite over $1 trillion in unspent federal funds sitting in accounts, Democrats are focused instead on how they can spend trillions more by reaching back into taxpayers’ pockets or adding more to the nation’s debt,” said House Budget Committee Republican Leader Smith.
Learn More about GAO Confirms Over $1 Trillion in Unspent COVID FundingHouse Budget Republicans Call for Immediate Action to Reduce Government Spending as Part of Debt Limit Debate
Republican members of the House Budget Committee have sent a letter to Congressional leaders urging the inclusion of spending restraints and controls to combat rising inflation as part of any discussion over the upcoming debt limit expiration. Over the past two years, the federal government has recorded its highest budget deficits in history and largest yearly expenditures that have led to historic levels of inflation. The current debt limit suspension, set to expire on July 31st, provides a critical opportunity for Congress to institute responsible restraints over government spending and set America’s finances on a more sustainable path.
Learn More about House Budget Republicans Call for Immediate Action to Reduce Government Spending as Part of Debt Limit Debate