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WASHINGTON - Today, the House Appropriations Committee released the Fiscal Year 2024 bill for the Defense Subcommittee. The bill will be considered tomorrow, June 15th at 10:00 a.m. The markup will be closed.
WASHINGTON - Today, the House Appropriations Committee released the Fiscal Year 2024 bill for the Energy and Water Development and Related Agencies Subcommittee. The bill will be considered tomorrow, June 15th at 9:00 a.m. The markup will be live-streamed and can be found on the Committee's website.
As we begin debate on the subcommittee allocations, I would like to set the stage for how we got where we are today.
I'll start with some background. I mentioned yesterday that during the last Congress, more than three trillion dollars was spent outside of the annual appropriations process. Government spending increased, and inflation soared. That is why we have no choice but to reduce spending where we can.
As we begin our first full committee markup for Fiscal Year 2024, I want to take a moment to remind everyone what happened with government spending the last two years and explain the challenges this Committee now has ahead of us.
During the previous congress, three trillion dollars were spent outside of the normal appropriations process.
As spending sky-rocketed, so did inflation.
There was damage done to the economy, and the work of this Committee changed significantly over those two years.
