Less Federal Spending
Polipundit
The U.S. House voted today to reduce federal spending on Medi-care and Medi-caid. Also subjected to spending restraints were farm subsidy programs. In total, the plan reduces federal outlays by $50 billion over five years.
The roll call was as follows:
217 = Republicans in favor of less spending (94%).
Zero = Democrats for less spending (0%).
200 = Democrats opposed to less spending (99%).
14 = Republicans opposed to less spending (6%).
Totals: 217-215-2, in favor of less federal spending.
Bernie Sanders was the 215th vote against spending restraints.
This bill now heads off to a House-Senate Conference Committee:
House bill = $50 billion in spending restraints; no ANWR.
Senate bill = ANWR; $36 billion in spending restraints.
Once the final version of that spending plan is signed, sealed and delivered, it will become the nineteenth major Congressional enactment – since January 2001 – that falls into the pro-growth, pro-business, socially conservative, or anti-crime/terrorist categories: (1) lower marginal income tax rates for individuals, (2) lower tax rates on capital gains and dividends, (3) a sharp reduction in the tax rate on repatriated foreign business income, (4) accelerated depreciation deductions for small businesses, (5) deductions for state and local income taxes, (6) the national ban on partial-birth abortions, (7) the U.S. - Singapore free trade statute, (8) the U.S. - Australia free trade statute, (9) the U.S. - Western Africa free trade statute, (10) the Unborn Victims of Crime Act ("Laci & Connor’s Law"), (11) the Patriot Act, (12) the U.S. - Morocco free trade statute, (13) comprehensive energy policy reforms (nuclear, coal, and natural gas power), (14) firearms liability reform, (15) the Real ID Act, (16) class action lawsuit reform, (17) the CAFTA free trade statute, (18) bankruptcy reform, (19) Medi-care, farm subsidy, and Medi-caid spending restraints.
If ANWR drilling winds up in the final version of the budget bill, that’ll make No. 20.
We’ll soon find out.
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