“NO” on Minibus Appropriations Measure

This week, the House will vote on a conference agreement on a minibus appropriations measure (HR 2112) that includes the regular appropriations for Agriculture, Commerce-Justice-Science and Transportation-Housing and Urban Development.

The minibus also allows the Federal Housing Administration (FHA) to originate mortgages up to $729,750, up from $625,000.  It not only increases taxpayer exposure to more potentially bad mortgages and reduces opportunities for the injection of private sector capital into the housing market, but also may lead to a taxpayer bailout of the FHA.

Heritage Action also opposes the funding levels.  The minibus includes at least $13 billion more in spending than sanctioned by the House-passed Ryan budget, which proposed sweeping changes that would set our nation on a more sustainable and prosperous course.

Heritage Action opposes this minibus appropriations measure and will include it as a key vote on our scorecard.

Related Links:
Heritage Action’s Scorecard
Key Vote Alert: “NO” on the Menendez-Isakson Amendment
Washington’s Big Housing Problem
Key Vote: “YES” on Ryan Budget
National Journal: Derailing the Ryan Express?
Heritage Action: Where’s the Ryan Budget?
Heritage Action: “Not Much Left to Cut”