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Thank you all for being here today. After many long hours of debate yesterday, I appreciate your timeliness and readiness coming into today's meeting.
Today, we are marking up our tenth bill of the fiscal year 2013 season, the Financial Services and General Government bill. This bill is the latest in our series of bills that work to help balance our budgets and reduce federal discretionary spending to responsible, sustainable levels. Already, since January 2011, the Appropriations Committee has led the way to cut discretionary spending by more than $95 billion, and we've continued this trend in the bills we've considered so far this year.
The Financial Services and General Government Subcommittee has jurisdiction over a diverse group of agencies and activities including financial regulators, tax collections, the White House, the Federal courts, DC, GSA and the Small Business Administration.
The bill we are considering today provides $21.15 billion which is $376 million or 1.7% less than fiscal year 2012. Compared to fiscal year 2010, the allocation is a reduction of 12.6% or $3 billion. The bill includes sufficient funds for agencies to complete their work while forcing them to continue to find ways to become more efficient.
The funding priorities in the bill include the drug task forces, public safety and education in the District of Columbia, and Treasury's antiterrorism and financial intelligence activities.
Before I get into my remarks on this important piece of legislation, I would like to join in commending my friend, Ranking Member Norm Dicks, for his years of valuable contribution to this Subcommittee. Mr. Dicks has been a member of the Interior & Environment Appropriations Subcommittee for almost 36 years, having served as Chairman for three of those. This is a terrific accomplishment and we will be sorry to lose his wealth of institutional knowledge when Mr. Dicks retires at the end of the year. I wish to thank you for your years of service to this Committee, the House of Representatives, and our country.
Welcome to the subcommittee markup of the fiscal year 2013 Interior, Environment and Related Agencies bill. I want to thank our colleagues, especially Chairman Rogers and Ranking Member Dicks, for joining us today.
I also want to personally thank Mr. Moran and each of the Members for their active participation and the bipartisan spirit that continues to be a hallmark of our subcommittee's deliberations.
While I know that Mr. Moran, Mr. Dicks, and my Democrat friends will not be able to support this bill in its present form, I want each of you to know how much I sincerely appreciate your positive contributions. My staff and I have made a genuine effort to work with you and your staff.
