House Republicans are Rooting Out Waste, Fraud, and Abuse

Nov 9, 2023
Blog

At a time of soaring deficits, high inflation, and sky-rocketing national debt, House Republicans are refusing to cut a blank check for the Biden Administration and allow the Democrats’ extreme agenda to continue.

H.R. 4664, the Financial Services and General Government Appropriations Act, provides a check on the Biden Administration, prohibiting dozens of costly regulatory actions and ensuring agencies remain focused on their core federal functions. House Republicans are using the power of the purse to root out waste, fraud, and abuse in the federal government and hold the Biden Administration accountable.

House Republicans are reining in wasteful Washington spending and targeting government abuse by:

  • Rejecting nearly $6.232 billion for discretionary funding increases and $44 billion in mandatory funding increases within the President’s Budget Request.
  • Rescinding wasteful Democrat spending for a supercharged army of 85,000 IRS agents and their associated payroll systems.
  • Ensuring agencies return to pre-COVID telework policies and levels.
  • Penalizing the Administration when the President’s Budget is delayed.
  • Preventing bonuses and promotions at Treasury until the Administration fully accounts for unobligated balances related to COVID-19 funding.
  • Eliminating funding for the Treasury’s Federal Insurance Office (FIO) because insurance already is regulated successfully by states.
  • Prohibiting funding for procurement of electric vehicles and associated infrastructure for agencies under the Subcommittee’s jurisdiction.
  • Prohibiting the recruiting, hiring, promoting, or retaining personnel convicted of child pornography or sexual assault charges.
  • Eliminating the ability of the Office of Management and Budget (OMB) to waive Administrative Pay-As-You-Go Act (PAYGO) of 2023 requirements.

House Republicans are reducing burdensome, costly regulations that harm businesses and consumers by:

  • Prohibiting funding for costly and heavy-handed regulations at the Securities and Exchange Commission (SEC), including the climate disclosure rule.
  • Subjecting the Consumer Financial Protection Bureau (CFPB) to the appropriations process and replacing the CFPB director with a bipartisan, five-person commission.
  • Prohibiting funds for the Financial Crimes Enforcement Network (FinCEN) to promulgate the beneficial ownership reporting rules that do not reflect Congressional intent.
  • Prohibiting funds to carry out the Federal Clean Electricity and Vehicle Procurement Strategy under E.O. 14008 until a stable supply of domestic-mined criterial minerals can be achieved.
  • Prohibiting funds for the Federal Housing Finance Agency (FHFA) to charge good credit borrowers with higher fees on their home loans.
  • Rejecting the President’s unrealistic compliance proposal intended to prevent D.C. private schools from participating in the Scholarships for Opportunity and Results (SOAR) program.
  • Prohibiting the D.C. government’s automated traffic enforcement and future efforts to disallow right turns at red lights.
  • Prohibiting the Consumer Product Safety Commission (CPSC) from finalizing regulations limiting consumer choice for off-road recreational vehicles and gas stoves.
  • Prohibiting the FTC from implementing and enforcing the burdensome Motor Vehicle Dealers Trade Regulation rule.

House Republicans are de-weaponizing the federal government and demanding that agencies get back to their core missions by:

  • Preventing the IRS from targeting individuals for exercising their First Amendment rights.
  • Continuing three long-standing provisions related to protecting Americans’ rights to make political contributions without government interference.
  • Preventing non-citizens from voting in federal elections.
  • Prohibiting funds from being used for censorship or “disinformation” efforts.
  • Preventing implementation of President Biden’s Executive Order 14019, related to voting access and turnout, except for overseas citizens/military, tribes, and disabled individuals.
  • Continuing provisions making it illegal for government officials to lobby Congress or to prevent other federal employees from responding to Congressional inquiries.
  • Including new language prohibiting funds for federal employees’ salaries if they unjustifiably refuse to comply with a valid Congressional subpoena.

 
The Biden Administration continues to double down its out-of-touch policies and heavy-handed regulations, which have proven to bloat federal bureaucracy and burden everyday Americans.

Republicans, on the other hand, are committed to finding reasonable and responsible solutions that make the federal government more efficient, effective, transparent, and accountable to the American people.
 

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