On the recordJune 27, 2012
I want to begin by thanking the committee for its extraordinarily hard work in identifying ways to cut spending. All of us hear from our constituents. They want us to reduce what the Federal Government spends, to be wise and proper stewards of the Federal taxpayer dollar. All too often, they look at Washington and they see a monument to waste of the American taxpayer dollar. Mr. Chairman, for the legislation that is in front of us, the fiscal year 2013 proposed funding level is $51.6 billion, which is $1.9 billion below the President's request. I think it is admirable that we have saved nearly $2 billion below the President's request. However, we know that there is much more work that can be done, that should be done, that must be done. Therefore, my 1 percent across-the-board spending reduction amendment will save taxpayers an additional $516 million. {time} 2020 That is $516 million that our children and our grandchildren will not have to pay back with interest. I'm fully aware of the strong opposition that many appropriators have for these across-the-board spending cuts. When I've offered these cuts, I have been told that ``the cuts of this magnitude, quite honestly, go too deep.'' I've also heard that these 1 percent spending reductions would be ``very damaging to our national security and to things that are important to life and property.'' However, the taxpayers are demanding that the bureaucracy do what they are doing and save a penny on a dollar.…





