CHAIRMAN BISHOP SUPPORTS BIPARTISAN BUDGET ACT
WASHINGTON, DC – Today, Congressman Sanford D. Bishop, Jr. (GA-02), Chairman of the U.S. House Appropriations Subcommittee on Agriculture, Rural Development, Food and Drug Administration, and Related Agencies, released a statement following the House passage of the Bipartisan Budget Act on a vote of 284-149. This agreement suspends the debt ceiling until July 31, 2021 and permanently ends the threat of sequester, which results in massive cuts to defense and non-defense spending.
“Today Congress prevented our nation from hitting two fiscal cliffs. Without raising the Fiscal Year 2020 and 2021 budget caps, current law would have resulted in devastating cuts to both defense and non-defense spending. These cuts would have deeply harmed our economic and national security. This bipartisan, bicameral deal ensures we’ll be able to provide robust funding for our veterans, servicemembers, and working families. The second cliff would have resulted in the United States defaulting on our debt, wreaking havoc on world markets and our economy. The agreement contains acceptable budget caps and suspends the debt limit so we can engage in a disciplined appropriations process, invest in our country, and grow the economy—while protecting the full faith and credit of the United States.”