in final days, house spends taxpayer dollars by
the billions
King to
Colleagues:
Stop
Burning Taxpayer
Money!
WASHINGTON - U.S.
Congressman Steve King (IA-05) today voted to
keep America on track to balance the budget.
The U.S. House
today passed a Continuing Resolution to continue
funding the federal government at current levels
until February 15th, 2007.
Because the bill
carries current levels of funding into February,
rather than to the end of the fiscal year, it
would cost taxpayers an extra $7 billion,
according to the Congressional Budget Office.
This is because the budget recommendation for
Fiscal Year 2007, which will likely be enacted
once the Continuing Resolution has ended in
February, is higher than current levels, which
were passed to hold down federal spending and
institute fiscal discipline. King voted against
the bill.
"The only
remaining opportunity this year to instill
fiscal discipline and save taxpayer dollars was
to pass a continuing resolution for the balance
of the fiscal year. The continuing resolution
was necessary, but the only thing cutting it
short will accomplish is give Congress another
opportunity to increase spending," said King.
"This hodge-podge approach to spending is
essentially burning American workers' hard
earned dollars."