On the recordJuly 7, 2016
I would really like to thank the gentleman for bringing this motion to recommit to increase funding for the Office of Terrorism and Financial Intelligence by $5 million because it makes an excellent point as to why this bill is such a good bill, because this bill already funds the Office of Terrorism and Financial Intelligence higher than it has ever been funded in the history of that office. I don't think we need to give them another $5 million. They have got more than they can deal with right now. They are happy we did that. What this bill does is deal with the big problems we face here in Washington. Number one, we spend money that we don't have, and up here in Washington, we exercise power that nobody gave us, and we deal with that right here. We lower the spending under this bill by 5.6 percent. We are getting a handle on the out-of-control spending. But we spend money where we ought to spend it, like the SBA. They help small businesses get the loans and make the next big deal. They grow the economy. They create jobs. {time} 2100 The Office of Terrorism and Financial Intelligence enforces sanctions. They get extra money. That is great. But guess what? The way we reduce spending overall is we take money away from those agencies that waste money. In fact, we cut spending on 12 different agencies. We lower spending and we eliminate 6 agencies altogether. So we are dealing with that part of it.…
