Financial Services And General Government Appropriations Act, 2020
Mr. Chair, I thank the gentleman for yielding. I rise in strong support of this bill, the Financial Services and General Government Appropriations Act. Mr. Chair, I want to start by congratulating my good friend and colleague, Chairman…
Mr. Chair, I thank the gentleman for yielding.
I rise in strong support of this bill, the Financial Services and General Government Appropriations Act.
Mr. Chair, I want to start by congratulating my good friend and colleague, Chairman Mike Quigley, for his leadership in bringing our tenth appropriations bill to the House floor. Speaking from experience, I know this is no easy task, and I am sure that the relationship between he and Mr. Graves will have a final product that we can all vote for.
I am proud that the work that has been accomplished here takes care of so many issues. This bill provides $24.95 billion to assist elderly and low-income taxpayers; support our entrepreneurs and grow our small businesses; ensure the products of our store shelves are safe for children and families; protect our economy by policing Wall Street; protect and strengthen the integrity of our election systems; and provide a 3.1 percent pay raise for Federal employees; and, once again, empower the District of Columbia to handle its own local affairs.
The administration has proposed to eliminate the Community Development Financial Institutions Fund, risking the public-private investments that are generating economic growth in places like my district in the South Bronx. In response, Congress is investing $300 million for this invaluable program, an increase of $50 million over fiscal year 2019.
This bill also provides $600 million in Election Assistance Commission security grants to help State election officials improve the security and integrity of our elections. Our election systems remain vulnerable, and additional investments like this can give voters the peace of mind that, when they cast their ballot, their vote will count and be counted correctly. As we approach elections this fall in several States across the country and the Presidential election next year, we must be ready to combat any attempts to disrupt our democratic institutions.
The Small Business Administration will receive nearly $1 billion to continue providing technical assistance and other services our Nation's businessmen need to help get their business ideas off the ground.
Out of the total amount, $150 million will go to the Small Business Development Centers Program, $35 million will help provide Microloan technical assistance, and $30 million will go toward supporting and investing in women-owned businesses through the Women's Business Centers. These investments will help create jobs.
Last but not least, this bill once again restores home rule to the District of Columbia. I cannot think of anything more insulting than telling any city across our country how they can spend their locally raised funds or requiring congressional approval to implement laws their duly elected government officials enact. The intrusive policy riders the bill removes will ensure D.C. can govern itself without congressional meddling and address the challenges it faces in serving its residents.
This is now our 10th bill on the floor. Our Appropriations Committee is doing the work of the people, and I congratulate, once again, Mr. Quigley for his work. I stand ready to vote for this with great enthusiasm.
