KC Reporter

WASHINGTON, DC – Congressman Sam Graves (MO-06) released the following statement after voting in favor of the Fiscal Responsibility Act.

“This bill is a step in the right direction,” said Graves. “While the Fiscal Responsibility Act includes the largest spending cuts in American history and requires the President to offset the costs of his administrative actions, there’s more wasteful spending that needs to be cut if we want to get this inflation crisis under control. I look forward to working with my colleagues to finish the job we were sent here to do by the American people.”

The Fiscal Responsibility Act ensures the federal government can continue paying its bills and avoid default. At the same time, it puts in place the largest spending cuts in American history and reduces the deficit by $2.1 trillion over the next 6 years—all without raising taxes on hardworking Americans.

In addition, the Fiscal Responsibility Act:

• Enacts much-needed permitting reform for infrastructure projects
• Claws back $28 billion in unspent COVID-19 funding
• Protects Social Security and Medicare
• Protects funding for our military
• Strengthens work requirements for welfare and food stamps
• Implements the first ever statutory Pay-Go rules for the Executive Branch, ordering the President to offset the costs of regulations before those regulations are implemented.
• Cuts funding from President Biden’s IRS agent army in 2023

Original source can be found here