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As we continue to move through markups, it is important to remember that this is not a normal funding year. Trillions of dollars were spent outside of the annual appropriations process during the last Congress, and we must re-evaluate our spending priorities.
The Fiscal Year 2024 Financial Services bill reflects that goal – and ensures that misplaced spending is re-prioritized to meet our most pressing needs. As we seek to fully fund our national defense, veterans, and border security, unnecessary spending will be lower on the priority list.
I am pleased to see that the bill before us rejects significant increases in the President's Budget Request, and instead saves billions of dollars by:
Thank you, Chairwoman Granger. I appreciate your leadership and your continued support of our men and women in uniform.
I also want to recognize my friend, our Subcommittee's Ranking Member, Ms. McCollum. We have been each other's Chair or Ranking Member for many years now, and I appreciate our relationship.
The fiscal year 2024 Defense Appropriations bill provides $826.45 billion for the Department of Defense and Intelligence Community.
This is $286 million above the President's request and $27.8 billion above the Fiscal Year 2023 enacted level.
The stated mission of the Department of Defense is "to provide the military forces needed to deter war and ensure our nation's security." Our bill does exactly that by focusing on the DOD's most vital task – protecting our homeland and our national interests.
WASHINGTON – Today, the Full Committee met to consider the Fiscal Year 2024 bill for the Defense Subcommittee. The measure was approved by the Committee with a vote of 34 to 24.
WASHINGTON - Today, the House Appropriations Committee released the Fiscal Year 2024 bill for the Financial Services and General Government Subcommittee. The bill will be considered tomorrow, June 22nd at 8:30 a.m. The markup will be live-streamed and can be found on the Committee's website.
