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First, I want to thank Chairman Cole for his work on the Transportation, Housing and Urban Development bill.
This bill is another example of the real progress we are making to reduce overall spending while funding our highest priorities.
The bill before us today refocuses spending on programs that support affordable housing and safe, effective transportation systems.
Instead of giving the Administration more grant funding to spend, this bill gets us back to funding core missions.
This bill responsibly funds critical transportation infrastructure to ensure our roads, railways, and air traffic control systems are safe and reliable.
The housing programs in this bill provide support for working families, the elderly, the disabled, and our veterans.
I want to close by thanking the Members and staff on both sides of the aisle for their hard work.
Thank you, Chairwoman Granger.
The bill before the Committee responsibly funds our most critical transportation and housing needs, which will have a positive impact in every Congressional district.
At the same time, the bill meets the challenge before us to reduce spending and get our debt under control.
The bill reduces spending 25% below Fiscal Year 2023 levels, with a CBO score of $65 billion. We achieve these savings through a rescission of IRS funds and by reducing billions in excessive spending.
We have cut or eliminated 19 grant programs at DOT and HUD, totaling over $8 billion in savings, compared to the enacted level.
The total program level in this bill is $90 billion. We have carefully allocated resources to the most critical missions at DOT and HUD.
We prioritize transportation safety – on our railways, roads and airways.
WASHINGTON – Today, the Full Committee met to consider the Fiscal Year 2024 bill for the Transportation, Housing and Urban Development, and Related Agencies Subcommittee. The measure was approved by the Committee with a vote of 34 to 27.
The Subcommittee on Commerce, Justice, Science, and Related Agencies will come to order.
Today, the Subcommittee will mark up the Fiscal Year 2024 Commerce, Justice, Science, and Related Agencies appropriations bill.
The fiscal situation facing the Nation requires some very significant and difficult spending reductions. The need for reductions was reflected in the Budget Resolution that passed the House, and in the 302b allocation we were given.
Accordingly, this Subcommittee produced a strong bill that right-sizes agencies and programs. We did this by scaling back many unsustainable spending levels to Fiscal Year 2022 levels – or lower. Despite the limited allocation, we are prioritizing the fight against fentanyl and efforts to counter China – including innovation and manufacturing initiatives, space exploration, and scientific research.