• About Us
  • Contacts
  • Terms & Conditions
  • Privacy Policy
  • Email Whitelisting
Bright Financial Vibe
  • World News
  • Business
  • Politics
  • Sports
No Result
View All Result
  • World News
  • Business
  • Politics
  • Sports
No Result
View All Result
Bright Financial Vibe
No Result
View All Result
Home Politics

GOP bill takes aim at Congress’ ‘no rules apply’ emergency spending

June 5, 2025
in Politics
GOP bill takes aim at Congress’ ‘no rules apply’ emergency spending
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter
NEWYou can now listen to Fox News articles!

A House fiscal hawk wants to create a payment plan for congressional emergency spending to create accountability for the ‘no rules apply’ funding stream.

Rep. Marlin Stutzman, R-Ind., is set to introduce the Emergency Spending Accountability Act that would add guardrails to last-minute funding meant for national emergencies, like natural disasters, the COVID-19 pandemic or other spending meant to fill the gaps in the appropriations process.

Stutzman told Fox News Digital that lawmakers will go about the usual budgeting process, passing stopgap spending bills or colossal, omnibus spending packages, but that ‘somewhere in between’ there’s always extra money pushed out the door for emergencies.

‘Whenever there’s an emergency, Congress always overreacts,’ he said. ‘And I believe they pass these big spending bills under the guise of an emergency, national emergency, and spend money that we don’t take into consideration through our budget process.’

He said that when he first came to Washington in 2010, the national debt was $9 trillion. After leaving the House and returning during last year’s election cycle, that number has since ballooned to more than $36 trillion.

And since the early 1990s, more than $12 trillion in emergency spending has added to the ever-growing deficit. The lawmaker said that the money dedicated for emergency use was rarely ever paid back, and he argued that the taxpayer dollars were sometimes not used for actual emergencies.

Stutzman’s legislation, which so far has seven House Republican co-sponsors, would require the federal government to pay off the balance of future emergency spending by 20% each year for five years after an emergency following a green-light from lawmakers to open up the cash flow.

His bill would also stipulate that any emergency spending would have to comport with the criteria laid out by the Balance Budget and Emergency Control Act of 1985, which laid out a five-point roadmap to justify that emergency spending be necessary, sudden, urgent, unforeseen and not permanent.

He understood that there is always a need for emergency spending, giving the examples of the pandemic and of Hurricane Sandy, which blasted through the East Coast more than a decade ago, but he noted there should be offset cuts to account for the spending and better planning on how the taxpayer dollars would be used.

‘Most companies and family budgets, they always have a rainy-day fund or an emergency fund that they can tap into if they need it for unexpected costs and expenses, but that’s not the way Washington works,’ Stutzman said. ‘So that’s the idea.’

This post appeared first on FOX NEWS
Previous Post

White House highlights Pelosi hypocrisy after Schiff demands Trump admin financial, ethics docs

Next Post

Biden only hand-signed one pardon during final spree, and it was his most controversial one

Next Post
Biden only hand-signed one pardon during final spree, and it was his most controversial one

Biden only hand-signed one pardon during final spree, and it was his most controversial one

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Popular

    • Knicks show it’s win or go home with firing of Tom Thibodeau

      Knicks show it’s win or go home with firing of Tom Thibodeau

      0 shares
      Share 0 Tweet 0
    • There’s a way to aid Gaza. I know, my foundation just helped deliver 7 million meals… without incident

      0 shares
      Share 0 Tweet 0
    • French Open final highlights: Coco Gauff wins title in thrilling three-set battle

      0 shares
      Share 0 Tweet 0
    • Jets goaltender doubles up with rare NHL MVP win

      0 shares
      Share 0 Tweet 0
    • What happened to the once great career of Stefon Diggs?

      0 shares
      Share 0 Tweet 0
    Bright Financial Vibe

    Disclaimer: brightfinancialvibe.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Recent News

    Wisconsin files suit against Miami for poaching player under contract

    Wisconsin files suit against Miami for poaching player under contract

    June 21, 2025
    Canelo Alvarez, Terence Crawford get bloody instructions

    Canelo Alvarez, Terence Crawford get bloody instructions

    June 21, 2025
    Last BTS member Suga discharged from South Korean military service, paving way for reunion

    Last BTS member Suga discharged from South Korean military service, paving way for reunion

    June 21, 2025
    • About Us
    • Contacts
    • Terms & Conditions
    • Privacy Policy
    • Email Whitelisting

    Copyright © 2023 brightfinancialvibe.com | All Rights Reserved

    No Result
    View All Result
    • World News
    • Business
    • Politics
    • Sports

    Copyright © 2023 brightfinancialvibe.com | All Rights Reserved