Lowey Statement on the Investing for the People Act
WASHINGTON — House Appropriations Committee Chairwoman Nita M. Lowey (D-NY-17) released the following statement on the Investing for the People Act, budget legislation she has co-sponsored with House Budget Committee Chairman John Yarmuth (D-KY) to stabilize discretionary funding levels over the next two years and ensure Congress can meet its obligations to the American people:
“Unless Congress and the President act soon, our country faces an imminent, $125 billion fiscal cliff that will force huge cuts to investments in America’s working families and deep damage to our national security. Averting the damage of these unworkable budget caps must be a top priority, which is why I am pleased to join Chairman Yarmuth to introduce the Investing for the People Act.
“This budget legislation brings a close to the senseless austerity imposed by the Budget Control Act and sets realistic spending levels for fiscal years 2020 and 2021. With the more reasonable budget cap provided by the Investing for the People Act, the Appropriations Committee will be able to fund priorities like affordable housing, child care, and lifesaving medical research. Just as important, this legislation will help the Appropriations Committee and the entire House conduct a speedier and more orderly appropriations process.
“The Investing for the People Act will raise the caps, uphold our commitments to America’s working families, and allow us to begin an orderly appropriations process. I urge my colleagues to support this important legislation.”
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