Spending Cuts and Debt
The U.S. federal government borrows 32 cents out of every dollar it spends, and the national debt now exceeds an astonishing $18 trillion. If left unchecked, government spending will inevitably lead to government bankruptcy and default. That being said, I believe our country can still be saved from economic disaster by cutting spending, creating jobs, and removing government barriers to economic growth and prosperity. As a member of the House Committee on Oversight and Government Reform, I will continue to seek out waste, fraud, and abuse of taxpayer dollars and curb frivolous spending patterns.
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More on Spending Cuts and Debt
Washington, DC – Last Friday, Congressman Steve Russell (OK-5) introduced H.R. 1623, a bill to repeal the Advanced Technology Vehicles Manufacturing Incentive Program (ATVM). The ATVM is a $25 billion loan program, created in 2007 with the Energy Independence and Security Act, to assist car manufacturers in producing more fuel-efficient passenger vehicles. Of the $25 billion appropriated, $16.6 billion is left in the fund, and the last completed loan was issued in March 2011.
Washington, DC – Congressman Steve Russell (OK-5) voted in favor of H.R. 7, No Taxpayer Funding for Abortion Act, which passed the House by a vote of 238-183. H.R. 7 would make the Hyde Amendment permanent law. The Hyde Amendment prohibits taxpayer dollars from funding abortions, and has been routinely passed each year by both Republican and Democrat controlled Congresses since 1976.
Del City, OK – Congressman Steve Russell (OK-5) spoke with C-SPAN’s Bill Scanlan to talk about the importance of checks and balances, bipartisanship in Congress, and his biggest accomplishments in his first term in office.
On Checks and Balances in Government:
(CNSNews.com) – Rep. Steve Russell (R- Okla.) released the sixth installment of his ongoing Waste Watch series on Monday, showing 10 instances of government waste totaling around $139 billion in taxpayer money.
Del City, OK – Congressman Steve Russell (OK-5), a member of the Oversight and Government Reform Committee, has released the next installment of his ongoing Waste Watch series. The Christmas Edition for 2016 highlights 10 items of government waste, totaling almost $140 billion dollars in taxpayer funds.
Del City, OK – Congressman Steve Russell’s (OK-5) bill, H.R. 5785 – a measure that eliminated the annuity cap for retired Air Traffic Controllers (ATC) who work as ATC instructors, was signed into law by President Barack Obama. U.S. Sens. Jim Inhofe (R-Okla.) and James Lankford (R-Okla) championed this bill through the Senate and Congressman Tom Cole (OK-4) co-sponsored the bill in the House. This annuity income cap disincentivized retired air traffic controllers from working full-time as instructors and thus created the need for several part-time instructors to fill the void.
Washington DC, - Congressman Steve Russell’s (OK-5) H.R. 5384 The Federal Register Printing Savings Act of 2016, passed the House without objection Wednesday. Congressman Russell, author of Waste Watch, wrote this legislation to save hundreds of thousands of dollars each year by prohibiting the mandatory printing and distribution of the Federal Register. The Federal Register is available online and is searchable in this format.
Washington DC, - Congressman Steve Russell’s (OK-5) Federal Register Printing Savings Act of 2016, passed by unanimous consent out of the Oversight and Government Reform Committee.
Washington, DC – Congressman Steve Russell (OK-5) voted against the Continuing Resolution (CR) today, stating that Congress should get its work done and stop creating hardship for those that defend our nation. The CR passed the House by a vote of 342-85, and will continue to fund the federal government on last year’s spending levels until Dec. 9, 2016. Congressman Russell was among a minority in the House of Representatives that was pushing for Congress to continue to work to pass each of the required 12 appropriation bills, and the National Defense Authorization.