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Last week the House passed H.R. 5652, the Sequester Replacement Reconciliation Act of 2012, which reduced mandatory spending by the required $78 billion necessary to replace the planned budgetary sequester scheduled to come into effect next year. It further reduces spending by $180 billion over the next ten years. The House also passed H.R. 5326, the Commerce, Justice, Science and Related Agencies Appropriations bill for Fiscal Year 2013. Congressman Simpson supported passage of both bills. Simpson Supports Bill to Drastically Reduce Mandatory Spending “It is important to remember that the sequester is not intended to be the solution to our debt problem, rather, it is the penalty if Congress fails to act,” said Simpson. “This legislation represents the House of Representatives’ priorities in cutting spending and reforming some of our most unsuccessful and unpopular mandatory programs, which make up two-thirds of the federal budget.” The legislation is composed of the policy suggestions from six committees about where the size of government can be reduced, including cuts and reform to mandatory programs that are on auto-pilot. The bill:
The bill uses these savings and others to replace the planned sequester that is scheduled to come into effect next year. “We have yet to see a proposal from the Senate or from President Obama on what they would like to do to avoid a painful sequester next January,” added Simpson. “I hope Senator Reid and President Obama will put forth their proposals so that both sides can immediately begin debating and agree to a plan to start dealing with the massive $15.6 trillion national debt facing us.” The bill now moves to the U.S. Senate for consideration. Committee Schedule Wednesday Thursday Floor Schedule MONDAY, MAY 14TH TUESDAY, MAY 15TH WEDNESDAY, MAY 16TH H.R. 4970 - Violence Against Women Reauthorization Act of 2012 (Subject to a Rule) (Sponsored by Rep. Sandy Adams / Judiciary Committee / Energy and Commerce Committee / Education and the Workforce Committee / Financial Service Committee) Begin Consideration of H.R. 4310 - National Defense Authorization Act for Fiscal Year 2013 (Subject to a Rule) (Sponsored by Rep. Buck McKeon / Armed Service Committee) THURSDAY, MAY 17TH, AND FRIDAY, MAY 18TH On Friday, the House will meet at 9:00 a.m. for legislative business. Last votes expected no later than 3:00 p.m. Complete Consideration of H.R. 4310 - National Defense Authorization Act for Fiscal Year 2013 (Subject to a Rule) (Sponsored by Rep. Buck McKeon / Armed Service Committee) |
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