Fiscal Responsibility Is Real Compassion
Washington, DC, January 15, 2013
Jim Bridenstine (R, OK D-1) voted again today on the side of fiscal responsibility. Voting for the Mulvaney Amendment, the freshman Congressman desired to offset spending on Hurricane Sandy relief with savings in other areas. The amendment did not pass. The Hurricane Sandy relief bill passed, adding $50.7 billion to federal spending. Jim opposed it.
Citing the urgency of our national debt crisis, Jim Bridenstine said he could not vote for a massive spending increase that was not offset by cutting spending elsewhere. While he feels great compassion for the storm victims, increasing the national debt by over $60 billion, including previously approved relief measures, shows compassion to no one.
Jim Bridenstine: “The United States has a $16 trillion debt and a $1 trillion annual deficit. Our debt is now as large as our GDP and growing faster. Next month the United States will once again reach its borrowing limit. Our nation is in a fiscal crisis that cannot be ignored.
“Politicians in Washington D.C. are spending money that does not exist. The Fed is creating $85 billion per month for the foreseeable future with much of it being lent to the US Treasury to fund the government. This weakens the U.S. dollar, erodes everyone’s savings, increases prices, and artificially keeps interest rates at record lows. This harms seniors on fixed incomes and adversely affects the poor who use their money to purchase necessities of life.
“Given our crisis, fiscal responsibility is real compassion."
“In light of our unprecedented situation and national debt crisis, it is not appropriate to spend money that does not exist. When we increase spending in one area, we must cut spending in another area. I hope my colleagues in the U.S. House of Representatives will consider this principle in future relief packages. “
House Resolution 152, the “Disaster Relief Appropriations Act, 2013” was debated in the US House of Representatives along with a dozen amendments, either cutting minor spending amounts or extending additional funding in specific areas, some of it in areas entirely unrelated to Hurricane Sandy. Jim supported the cuts and opposed the additions in each instance. Of these amendments, one cut of $9.8 million was approved.
Then the vote on the final, amended bill was taken at 7:30 PM. The Sandy Relief bill passed 241 to 180, with 179 Republicans and 1 Democrat opposing it. Since the final measure did not provide any spending cuts to offset the appropriations, Jim voted against the bill.
Spending appropriations totaling $60.4 billion were approved by the House, including the $9.7 billion in extended borrowing authority for the National Flood Insurance Plan previously passed. On January 4, Jim voted against extending borrowing authority for the NFIP.
Mr. Bridenstine intends to stand firm on the principles of fiscal responsibility.