On the recordJune 27, 2012
Woman, the underlying bill increases funding for the public housing operating fund by over $500 million for fiscal year 2013. My amendment would simply return the funding back to this year from the proposed levels. It's a $500 million increase at a time when our Nation is broke and American taxpayers are struggling to put food on their tables and looking for jobs. It is imperative that we look for commonsense cuts wherever we can, and this is one of those. It's a lot of money, $500 million. Some would say it's a very small amount compared to the overall funding level proposed in this bill, but it's still $500 million. We just have to stop spending money that we don't have. I urge my colleagues to support this very simple amendment that would save over $500 million, and I yield back the balance of my time.
