This bill (H.R. 3) would cut nearly $15 billion from previously approved, unspent spending, including $7 billion from the Children’s Health Insurance Program and $4.3 billion from the Department of Energy’s Advanced Technology Vehicles Manufacturing Loan Program.
The House passed H.R. 3 on June 7, 2018 by a vote of 210 to 206 (Roll Call 243). We have assigned pluses to the yeas not only because the spending falls outside the scope of constitutionally authorized federal powers, but also because the federal government needs to start reining in ballooning federal spending (and debt) somewhere in order to avert fiscal disaster. The cuts in this bill comprise only a fraction of one percent of total federal spending, and according to the Congressional Budget Office, most of the funding targeted by the bill would not be spent anyway. Yet modest cuts are better than none at all.