Vitter Opposes Conference Report, Says it Doesn’t Reduce Spending [Commentary]
U.S. Sen. David Vitter made the following statement after opposing the conference report which included the ‘mini-bus’ appropriations bill. The legislation was made up of the Agriculture, Commerce, Justice and Science, and the Transportation and Housing Appropriations bills. The temporary funding resolution was also included in the conference report that Vitter opposed. Vitter’s statement is below:
“No matter what you hear from the advocates of this spending bill, it doesn’t reduce spending, which is exactly what Congress needs to be doing. It’s just another Washington budget gimmick that actually increases spending by $2 billion – money we don’t have. Our national debt reached $15 trillion this week and to keep on spending at the current levels is just irresponsible.
“Additionally, this legislation increases the amount of taxpayer money the Federal Housing Authority can give out for home loans to $729,750 – the same FHA who will probably be asking for a taxpayer funded bailout this year or next. It seems like no one in Congress learned anything from the Fannie Mae and Freddie Mac debacle in 2008.”