BREAK IN TRANSCRIPT
Mr. VAN HOLLEN. Madam Speaker, today's Continuing Resolution would fund federal government operations through November 18, 2011 at 98.5% of FY 2011 funding levels, reflecting the 1.5% across-the-board cut required to bring spending in line with the $1.043 trillion discretionary cap for FY 2012 in the recently enacted Budget Control Act of 2011.
Additionally, H.R. 2608 provides $3.65 billion in disaster relief funding, which is $1.8 billion below President Obama's request and $3.25 billion less than the Senate allocation supported by ten Republican Senators. Of the $3.65 billion for disaster relief in today's legislation, $1 billion is made available in FY 2011 and the remaining $2.65 billion is designated as FY 2012 money. However, in a sharp break with precedent under previous administrations from both parties, the $1 billion in FY 2011 in emergency disaster relief is offset by a $1.5 billion cut in the Advanced Technology Vehicle Manufacturing program.
Mr. Speaker, we should not be holding emergency disaster relief hostage to political infighting in Washington, DC. And with unemployment still hovering above 9%, we certainly shouldn't be undermining a proven job creator like the Advanced Technology Vehicle Manufacturing program that will help next generation vehicles get built in the United States rather than overseas.
Instead, we should put politics aside, pass a clean CR and get disaster relief where it is needed without undercutting innovation and job creation in an economy that needs more of both.
BREAK IN TRANSCRIPT