On the recordJuly 10, 2014
On Wednesday the Rules Committee met and reported a rule for consideration on two measures: H.R. 5016, the Financial Services and General Government Appropriations Act, and H.R. 4718, that would permanently extend the bonus depreciation. The resolution provides a modified open rule for consideration of H.R. 5016 so that all Members have the opportunity to come to the floor and offer any amendment to the bill that complies with House rules on this important piece of legislation. The resolution also provides a closed rule for consideration of H.R. 4718, and provides for 60 minutes of debate equally divided between the chairman and ranking member of the Committee on Ways and Means. In addition, the rule provides for a motion to recommit. Mr. Speaker, a little over 2 months ago, I was pleased to present the House the rule for consideration of the first two appropriations bills. This rule will provide for the consideration of the eighth appropriations bill by the House. In the Appropriations Committee, we have already reported out 10 of the 12 required appropriations bills and are moving closer to finishing the two remaining bills. Contrast this with the other body, where they have yet to pass even a single appropriations measure. Mr. Speaker, the Financial Services Appropriations bill maintains the fiscal discipline agreed to as part of the Bipartisan Budget Act of 2013 that this country desperately needs.…





