Interior, Environment, Financial Services, And General Government Appropriations Act, 2019
Mr. President, I ask unanimous consent that the order for the quorum call be rescinded. Mr. President, I rise today to discuss the Financial Services and General Government appropriations bill for 2019. As chairman of the subcommittee, I…
Mr. President, I ask unanimous consent that the order for the quorum call be rescinded.
Mr. President, I rise today to discuss the Financial Services and General Government appropriations bill for 2019. As chairman of the subcommittee, I have really enjoyed working with the ranking member, Senator Coons, and all of the members of the Appropriations Committee.
However, for many Members of this Chamber who are not on the Appropriations Committee, today will be their first close look at an appropriations bill from our subcommittee. It has been months in process, with many oversight hearings, a lot of debate, a lot of amendments, a lot of back and forth with a tremendous amount of input from Members of this body, and it is finally actually on the floor.
It has been nearly 7 years since the Financial Services and General Government appropriations bill has actually been considered on the Senate floor. In November of 2011, the Senate began consideration of the combined appropriations package for Energy and Water, Financial Services, and State and Foreign Operations. Unfortunately, the floor consideration of that bill was halted shortly after it began, and Members were not able to offer amendments or have their voices heard. We are looking forward to that changing today.
This week's debate will subject the Financial Services and General Government appropriations bill to public scrutiny and an open amendment process on the Senate floor for the first time since the subcommittee was established in 2007. It is too long in coming. I applaud the leadership of Chairman Shelby and Ranking Member Leahy, who were determined to see the committee return to regular order.
A little bit of sunshine will help us in this process. I am a firm believer that openness and transparency result in a better legislative product. It is my hope that today starts a trend where the appropriations bills that are seldom seen outside the committee, such as the Financial Services and Interior appropriations bills, can be debated openly and amended on the Senate floor.
We have made a concerted effort to make responsible decisions in allocating resources and to be responsive
to the requests we have received from Members of both sides of the aisle, and we welcome continued input and proposed amendments from other Members.
This Financial Services and General Government bill totals $23,688,000,000. It includes funding for a diverse group of 27 different independent agencies. It includes the Executive Office of the President, the Department of the Treasury, the Federal Judiciary, and the District of Columbia. The bill does not include any budget gimmicks or empty CHIMPS, or changes in mandatory program spending, which are often used as a gimmick by appropriations. It does not include those.
The bill provides targeted funding increases for the Treasury Department to combat terrorism financing, for the Federal courts to support their administration of justice, and for the GSA's Federal Buildings Fund, including the acquisition of the headquarters building for the Department of Transportation, rather than continuing to pay $49.4 million in annual rental payments for a building that is their headquarters. We will move back to actually owning that building to save the taxpayers that money.
This bill also fully funds GSA's request for basic repairs and major repairs. Basic and major repairs are not glamorous appropriations accounts, but they are exceptionally important to maintain and protect the taxpayers' dollars.
The bill also makes critical investments in our Nation's financial markets, by providing targeted increases for the Securities and Exchange Commission and the Commodity Futures Trading Commission.
After years of flat funding for the CFTC, or the Commodity Futures Trading Commission, including a $1 million cut last year, this bill provides an increase to the CFTC in recognition of their critical role overseeing our swaps, futures, and options markets. Support for the CFTC was a priority for a number of Senators in this Chamber on both sides of the aisle, and I am pleased that we were able to accommodate it this year.
The bill provides $11.26 billion to the Internal Revenue Service for the administration of our Nation's tax laws. Of this amount, $77 million is dedicated to implementing the new Tax Cuts and Jobs Act. That bill has been enormously successful in helping to turn around our economy, wherein our GDP growth has grown exponentially over the last year. Yet we have to fully implement that bill, and the additional $77 million is dedicated to that.
Aside from tax reform, we are able to provide an increase of $75 million in base funding for the IRS. This increase to the Operations Support account over the fiscal year 2018 enacted level will provide for investments in information technology infrastructure to reduce reliance on legacy systems. The total amount for the IRS includes $2.5 billion for Taxpayer Services and $4.86 billion for Enforcement.
We have two critical goals for the IRS--improving taxpayers' access to quality customer service and addressing the tax gap, which is the amount owed but actually not paid.
The IRS needs help in the customer service area. It has asked for additional funding, and we have asked it for additional focus on customer service. We have given that this time. We have also asked the IRS to deal with the tax gap, which are taxes owed that individuals do not pay. This is not a change in tax law; it is enforcing existing tax law. Our current tax gap is right at $400 billion a year. Addressing this tax gap is critical to reducing the deficit and restoring our Nation's fiscal health.
The bill prioritizes the Federal Government's response to the opioid crisis. Our bill keeps our Nation's focus on the High Intensity Drug Trafficking Areas Program, with there being $280 million allocated, and on the Drug-Free Communities Program, with there being $99 million allocated through the Office of National Drug Control Policy.
The bill provides a funding increase to the U.S. Postal Service Inspector General to address the growing concern of narcotics trafficking through the mail system. We have to pay attention to that. The bill includes $2 million in new funding for the Council of the Inspectors General on Integrity and Efficiency for improvements to the website oversight.gov. If folks have not already gone to oversight.gov to see the work of our inspectors general, I would encourage them to do that if they need some additional help. Their work needs to be highlighted, and we need to actually implement those recommendations.
IGs are on the frontlines of efforts to reduce waste, fraud, and abuse in the Federal Government, and their recommendations produce billions of dollars in cost savings. We need to actually see those cost savings and implement them. Oversight.gov has improved the accessibility and prominence of their work, and I am confident this effort will produce even greater savings in the future by maintaining a database of open IG recommendations at oversight.gov.
Again, I thank my friend Senator Coons and express my appreciation for the way he and his staff have worked with us this year.
As this bill moves forward, I look forward to hearing from all of our colleagues about how we can further address their priorities through the amendment process. We look forward to doing something historic--of actually passing an FSGG bill on the floor of the Senate and of working through this process in an open and transparent way.
I yield the floor.