Political Quotes

“As the Ranking Member of the Financial Services and General Government Appropriations Subcommittee, I am voting ``no'' on the Continuing Resolution sent back to us by the Senate. This bill underfunds several important programs and initiatives, and does not provide adequate funding to continue the implementation of the Affordable Care Act and Dodd-Frank. Moreover, this bill compounds that harm by allowing the sequester to continue. I am particularly disturbed by serious problems in the Financial Services and General Government section of the bill. The Internal Revenue Service (IRS) is flat funded at fiscal year 2012 levels, before taking into account the effects of sequestration. This funding level will greatly harm the continued implementation of the Affordable Care Act (ACA). This is a critical year for the ACA as the state exchanges prepare to go live, and as part of that effort, the IRS had asked for an additional $254 million in funding to help administer several upcoming ACA tax credits and tax changes. Failing to provide this funding will hamper IRS efforts to continue the implementation of these important efforts--which will help individuals and small businesses--and will create more confusion by not providing the IRS with the resources to answer taxpayers' questions. In addition, the Securities and Exchange Commission (SEC) is flat- funded at fiscal year 2012 levels despite a requested $94 million increase.…”