McClintock Deconstructed HR 2029, Omnibus Spending Act
House Amendment 1 to HR 2029, Omnibus Spending Act,is the 2,000-plus page $1.15 trillion spending act to fund the government through September 30, 2016. Congressman Tom McClintock voted NO, and explains why.
“A bill of this complexity always has good and bad provisions, and the question comes down to whether in balance it moves the government in the right direction,” Rep. Tom McClintock, R-CA posted on his Congressional website Friday.
McClintock explains:
On the plus side: • It stops bailouts of insurance companies required by Obamacare. • It ends the oil-export ban on American petroleum. (Although it should be noted that the president has the authority to do so on his own, and in 13 months we are likely to have a president who will anyway). • It blocks the proposed IRS rule that would formalize the… Read More