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Congressman Steve Russell

Representing the 5th District of Oklahoma

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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.

For more information about spending cuts and the national debt, please contact our office.

More on Spending Cuts and Debt

September 14, 2017 Press Release

Washington, DC – Cost cutting legislation introduced by Congressman Steve Russell (OK-5) in March of this year moved forward with the passage of H.R. 3354, the Make America Secure and Prosperous Appropriations Act, saving the taxpayer more than 1.9 billion.

July 31, 2017 Press Release

Washington, DC – On July 28, Congressman Steve Russell (OK-5) introduced H.R. 3621, the REAPPLY Act of 2017, which would require all recipients of the Federal Communications Commission’s (FCC) Lifeline program to formally re-apply every year.

July 26, 2017 Press Release

Today, the Senate Homeland Security and Governmental Affairs Committee approved 13 bills, including two cost cutting bills introduced by Congressman Steve Russell (OK-5) this Congress, the Federal Register Printing Savings Act of 2017 and the

June 29, 2017 Press Release

Washington, DC – Last week, Congressman Steve Russell (OK-5) introduced two more cost cutting bills, H.R. 3022 and H.R. 3023.

June 12, 2017 Press Release

Washington, DCToday, Congressman Steve Russell (OK-5) released the latest edition of his Waste Watch series. Waste Watch No. 7 is the Education Edition, identifying 10 examples of wasteful government spending and programs in education that wasted $74 billion in taxpayer dollars.

May 26, 2017 Press Release

Washington, DC – Yesterday, Congressman Steve Russell (OK-5) introduced two more cost cutting bills: the Stop Taxpayer-Funded Alcohol Marketing Act and the End Subsidies for Tobacco Act.

May 17, 2017 Press Release

Washington, DC – Today, two of the seven cost cutting bills introduced by Congressman Steve Russell (OK-5) this Congress, the Federal Register Printing Savings Act of 2017 and the Federal Agency Mail Management Act of 2017 both passed the House by voice vote.

April 4, 2017 Press Release

Washington, DC – Last week, Congressman Steve Russell (OK-5) introduced H.R. 1767, a bill to discontinue the administrative cost allowances associated with Pell Grants. The Pell Grant was created by the Higher Education Act of 1965 in order to help students in need of financial aid attend institutions of higher education (IHEs). The Pell Grant program is well-known as it has helped millions of students attend college since its inception.

March 30, 2017 Press Release

Washington, DC – On Tuesday, Congressman Steve Russell (OK-5) introduced H.R. 1768, the End NHA Earmarking Act, which would prevent approximately $20 million annually in government waste.  H.R. 1768 will block any new federal funds from being appropriated for the National Heritage Areas Program (NHAP). National Heritage Areas (NHAs) are large segments of land that are generally not owned by the federal government, and yet receive numerous grants that are not available to the rest of the country.

March 29, 2017 Press Release

Washington, DC – Last week, Congressman Steve Russell (OK-5) introduced a bill to terminate the Essential Air Service (EAS) program in order to save $150 million annually. Initially intended to be a 10-year transitional program in 1978, EAS now provides millions of dollars in federal subsidies to airlines that fly to remote communities. It was reauthorized in 1988 and indefinitely extended in 1996. Although EAS was originally funded exclusively by foreign aircraft overflight fees, it has been supplemented by millions of taxpayer dollars since 2002.