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Mr. McCLINTOCK. Mr. Speaker, this is the first of what needs to be many rescission bills stopping the waste of public funds.
The absurd expenditures the majority leader just listed speak volumes about the scandalous corruption and carelessness of a bloated government. Every dollar comes from working American families struggling to pay both their bills and their taxes.
Now, this waste is enabled by two classes of expenditures that we should foreswear forever. One is grants, cash handouts to political favorites with little accountability or oversight, whether directly or through agencies like USAID. The other is subsidies that replace the judgment of consumers with that of politicians, distorting the flow of capital from its highest and best use.
As we express our outrage at this waste and take this first step to claw it back, let us remember that Congress approved all of it, and it is time that we repented before we bankrupt our country.
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