On the recordJune 26, 2019
This bill funds multiple programs that are not only necessary to the daily operation of the Federal Government but also have a direct impact on the lives and livelihoods of American families, businesses, and communities. I stand in support of the bill on the floor today, which restores cuts proposed in the President's budget and finally invests in programs that have been starved for funding under Republican leadership for the past several years. This amendment would not just cut these programs. It would do so in an arbitrary manner, without regard to the impact on particular programs. In addition, this cut would take funding well below even the level proposed in the President's budget request. Let me say that again: It would bring the bill below the President's budget by many hundreds of millions of dollars. It would reduce by 3.1 percent the funding available to the SBA to enable small businesses to access loans for working capital, fixed assets, and other assistance to establish, operate, acquire, and expand a small business. It would reduce by 3.1 percent the funding available to the Department of the Treasury to counter terrorist financing and money laundering and to implement the expanded requirements that Congress placed upon the Treasury to review proposed foreign investment in U.S. businesses to ensure these transactions do not threaten our national security.…
Source
govinfo.gov




