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Granger Remarks on Financial Services and General Government FY21 Subcommittee Markup

July 8, 2020

Thank you, Chairman Quigley, for presenting the fiscal year 2021 Financial Services bill today.

I also want to recognize Ranking Member Graves since this will be his last subcommittee markup. I commend him for more than a decade of service to our nation and the people of North Georgia.

During Tom's time in Congress, he has served as the Chair or Ranking Member of two appropriations subcommittees, and he is currently serving as Vice-Chair of the Select Committee on the Modernization of Congress.

We all know it's not easy to reform an institution like this, which is so set in its ways, but the leadership he and Chair Kilmer have demonstrated will have a lasting impact on the House's operations for years to come.

This has been a difficult year for the Graves family. Tom's son suffered very serious injuries in a cycling accident. Tom, I understand that John has made a near miraculous recovery.

Know that our thoughts and prayers will continue to be with you and your entire family. John sounds like he has the perseverance of his dad – we know he will continue his astonishing recovery.

The bill before us today includes many priorities for Members on both sides of the aisle, such as support for small businesses, drug control programs, and counter-terrorism and financial intelligence efforts.

However, I am concerned that there are several controversial items included regarding immigration policy, the border wall, and collective bargaining.

It is also disappointing that the bill does not include a long-standing pro-life provision regarding the use of DC local funds.

Additionally, there is an excessive level of spending in the bill. With the budget deficit for the current year expected to be $3.7 trillion, we should look for efficiencies in government activities, not increase funding for them, as this bill does.

The bill includes more than $67 billion in emergency infrastructure spending – almost three times the amount of the entire base bill.

It is not clear why this staggering level of spending has been added to this annual appropriations bill. This is not supposed to be a long-term economic stimulus bill.

It is also troubling that Members on our side of the aisle were not consulted on its development.

I appreciate that Chairwoman Lowey is leading the Committee to complete the fiscal year 2021 appropriations process.

However, in order for our work to be meaningful and produce bills that can be signed into law, we need to stick to the budget agreement from last year.

We agreed on spending levels, and there was consensus that controversial issues would not be included. This bill violates the spirit of that agreement.

In closing, I would like to thank all of the subcommittee Members and the staff – John Martens on my staff and all of the Majority staff.

I look forward to continuing to work together to improve this bill as the process moves forward.

Thank you, Chairman Quigley, I yield back.