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Graves Opposes Financial Services Appropriations Bill
“Just because we can spend it, doesn’t mean we should.”

Washington, June 11, 2019 -

Washington, D.C. – Rep. Tom Graves (R-GA-14), Republican Leader of the Appropriations Subcommittee on Financial Services and General Government, today opposed the Fiscal Year 2020 spending bill. The bill increases spending over last year’s amount by 8 percent, or $1.8 billion. It also changes current policy in the District of Columbia to allow taxpayer funding for abortion and would block funds from being used to build a wall and secure our southern border. The bill passed out of the full Appropriations Committee and is expected to head to the House floor for a vote in the coming weeks.

“While there are some areas of agreement, the bill as drafted is not something I can support. It removes important protections for life and would block funds from being used to secure our southern border. It also skyrockets spending by another $1.8 billion. We cannot afford to spend more on general government activities if we want to leave this country’s pocketbook in better shape for our kids and grandkids. Just because we can spend it, doesn’t mean we should,” said Rep. Graves.

Last year, under Rep. Graves’ leadership as Chairman of the Financial Services and General Government Subcommittee, $585 million was cut from across the Fiscal Year 2019 (FY19) spending bill. The bill created The Fund for America’s Kids and Grandkids (“The Fund”), which safeguards funds for future generations. The money saved was used to make an initial deposit in the fund, which could only be accessed when the nation’s budget deficit is erased.  

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