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Emerson Effort to Cut $2 Billion Passes Committee

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U.S. Rep. Jo Ann Emerson (MO-08) today won passage for the FY 2013 Financial Services and General Government Appropriations bill, which cuts the president's budget for some 40 federal agencies by $2 billion. The legislation contains cuts to the IRS, the Treasury, the General Services Administration and the Federal Communications Commission, while eliminating three federal programs and one payment to the District of Columbia entirely.

"With a federal debt approaching $15 trillion, there is no room for error. Not one taxpayer dollar should be vulnerable to waste, fraud and abuse by a bureaucracy with as big an appetite for power as it has for funding," Emerson said. "We are winning the fight to reduce the size and cost of the federal government, and I will continue to make the argument for these important cuts as this bill moves to the full House of Representatives for further debate."

Emerson's bill retained priorities for lending to small businesses and to fighting drug crimes and terrorism.

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