Press Releases
Latta Helps Pass Appropriations Bill with Financial Reforms, Full Funding for GLRI
Washington,
July 19, 2018
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Drew Griffin
(202-225-6405)
Tags:
Fiscal Responsibility
Congressman Bob Latta (R-Bowling Green) joined his colleagues in voting to pass the Interior, Environment, Financial Services and General Government Appropriations Act this morning. The legislation, H.R. 6147, consists of two of the twelve appropriations bills that need to be passed each year. The House passed four other appropriations bills last month. Last year, the House passed all twelve appropriations bills while the U.S. Senate did not pass one. Included in the bills were a number of provisions supported by Congressman Latta. For instance, the bill fully funds the Great Lakes Restoration Initiative (GLRI) by keeping funding at $300 million – the same as FY2018. Latta has been an avid supporter of the program which helps fund projects that protect Lake Erie and the other Great Lakes. It also creates a Fund for America’s Kids and Grandkids, an account where money is kept and is not accessible until the budget deficit is erased. The initial deposit will be made from savings in the legislation totaling $585 million, or 2.5% of the total bill. The bill also includes more than 20 financial reform bills and would increase oversight and accountability of the Consumer Financial Protection Bureau (CFPB). H.R. 6147 also increases funding for the High-Intensity Drug Trafficking Areas program which will help combat the opioid epidemic and includes a number of pro-life provisions. For example, it prohibits federal and local funds from being used for abortion, including funds in the Federal Employee Health Benefits program. “The U.S. House continues its work to pass appropriations bills where we can more effectively debate government spending and save taxpayer money,” said Latta. “In this case, these savings are being put in a fund for our nation’s children and grandchildren to access only after Congress gets its fiscal house in order. The bill also fully funds GLRI – a program I’ve long-supported – to help protect and clean up our Great Lakes. In addition, this bill increases CFPB oversight and accountability, combats the opioid crisis, and protects life – all policies I strongly support.”
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