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House Bills will keep government funded and
save taxpayers $9 Billion
Boehner on: TARP, Short Term CR, Homeowner Relief
Congressman Boehner
Applauds House Vote To Begin Shutting Down TARP, Saving Taxpayers $8
Billion
WASHINGTON, D.C. – Congressman John Boehner (R-West Chester) issued the
following statement after the House voted to begin shutting down the
TARP bailout program, saving taxpayers $8 billion in mandatory
government spending, with more savings to come:
“I’m
pleased the House has voted to save taxpayers billions of dollars by
beginning to shut down the TARP bailout program. The American
people understand we can’t continue spending money we don’t have,
especially on things that don’t work. That’s why we’re focusing
not just on discretionary spending, but mandatory spending as
well. Unfortunately, the Democrats who run Washington believe in
this time of fiscal challenges we should continue propping up
government programs that overspend and underdeliver. The new
majority in the House will continue to listen to the American people,
who want us to cut spending to end uncertainty for small businesses and
help them begin hiring again. I hope the Senate will give these
spending cuts the consideration they deserve.”
NOTE:
Yesterday, the Obama Administration threatened to veto H.R. 830, the
measure the House passed today, defining as “vital” a government
program that has been used by only 44 people. More than $8
billion in TARP funds have been set aside by the Administration to keep
this ineffective program going.
Statement By Congressman
Boehner On Introduction Of Second Short-Term Continuing Resolution
WASHINGTON, D.C. – Congressman John Boehner (R-West Chester) today
issued the following statement upon introduction of another short-term
bill in the House that will cut spending while keeping the federal
government running:
“The
short-term funding measure introduced in the House today will give the
American people another round of spending cuts as they wait for the
Democrats who run Washington - in the Senate and White House - to
determine a position other than the status quo. The People’s
House has already taken a clear position, passing legislation through a
wide-open process that reflects the priorities of the American people,
both in terms of how much should be spent, and how it should be
spent. The House bill received more votes in the Senate than the
Democrats’ own proposal, and now the burden remains on the Senate and
White House to come forward with a coherent position that will
facilitate discussions leading to enactment of a long-term measure that
cuts spending.
“The
American people do not have an endless reserve of patience. It’s
time to clean up last year’s budget mess in a manner that reflects
Americans’ desire for a government that spends less and spends it
wisely, so we can move on to address the current year’s budget and the
full scope of the spending problem that is impeding job growth in our
country.”
NOTE: Last year, for the first time in modern history, the House
of Representatives -- under a Democratic majority -- failed to produce
a budget, resulting in an unprecedented fiscal mess that the new
Republican majority is attempting to resolve in a manner consistent
with Americans’ clearly expressed desire for smaller, more accountable
government.
Congressman Boehner On
House Vote To Save Taxpayers Another $1B
WASHINGTON, D.C. – Congressman John Boehner (R-West Chester) issued the
following statement after the House passed a measure sponsored by House
Republican Conference Chairman Jeb Hensarling (R-TX) that saves
taxpayers another $1 billion – the latest in a series of spending cut
votes, with more savings to come:
“Today’s
vote to save taxpayers another $1 billion is an example of our
commitment to cutting wasteful Washington spending. Taxpayers
should not have to keep footing the bill for ineffective government
programs that add uncertainty to the housing market and the
economy. The American people want us to cut spending, reduce
uncertainty, and get Washington out of the way. That’s what these
votes to eliminate wasteful mandatory spending programs are all about.”
NOTE: H.R.
836 ends HUD’s “Emergency Homeowners Relief Program,” under which
taxpayers will lose 98 cents of every dollar spent, according to the
Obama Administration’s estimates.
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