Sean Duffy: “I heard the gentleman from across the aisle talk about harmful cuts. When you look at the money that is going to this…”

“I heard the gentleman from across the aisle talk about harmful cuts. When you look at the money that is going to this program, CDFI, even with my reduction, there is a $41 billion increase, or a 17 percent increase in funding. You can't disregard the money that went from the bank settlements. That is money that we should have appropriated. That has been taken from us, but we have to consider it. You can't not consider it. I listened to the debate in this Chamber among my colleagues, especially on the right, and they talk about: Oh, my goodness, we need to regain congressional authority, we want to start an Article I movement where we actually control spending. Well, hey, here is your opportunity. When the Department of Justice and the administration circumvent the Congress, we should take it seriously, and we should take into account the money that they appropriated through a bank settlement. I also hear my colleagues talk about: Oh, my gosh, we have a really big debt, $19 trillion in debt is going to tank our economy. And I agree. If you care about $19 trillion in debt, we can reduce this fund by $20 million, and still have it $41 million more than it was last year. And, oh, by the way, this appropriations is $3 million more than the President's request, so we are not harming the Fund. We are not harming people. More money is going to CDFI.…”