Jul 7, 2016

Financial Services Appropriations Holds Government Accountable

Washington, D.C. – House Majority Leader Kevin McCarthy (CA-23) released the following statement on House passage of H.R. 5485, the Financial Services and General Government appropriations bill for FY 2017:

“The House continued with the appropriations process today, implementing important accountability measures on executive agencies. In this bill, the House confronted the continued lack of responsiveness from the IRS on their political targeting scandal by cutting IRS funding by $236 million compared to last year, all while ensuring IRS customer service has the resources it needs to respond to taxpayers promptly. We also put the Dodd-Frank-created Consumer Financial Protection Bureau under the annual appropriations process so that the people through their representatives retain ultimate control over their government. This bill reduces spending on numerous lower priority or poorly performing programs and offers conservative reforms to make government accountable to the people again, and I thank Chairman Hal Rogers (KY-05), Representative Ander Crenshaw (FL-04), and the entire Appropriations Committee for their continued hard work to get this done.”