Vitter Amendment To Small Business Bill Would Cut About $83 Billion
(Washington, DC) – U.S. Sen. David Vitter today introduced an amendment to the small business bill that would require the federal government to sell off or demolish any unused or underused federal property, which would save taxpayers $83 billion.
“We could cut approximately $83 billion with one fell swoop – so let’s get serious about reducing federal spending today and get on a different more sustainable fiscal path,” Vitter said. “I’ll continue fighting to get the U.S. Senate to focus on cutting spending and debt, especially as we approach the statutory federal debt limit.”
Additional spending cut amendments are being introduced to the small business bill by other fiscal conservatives. Yesterday Vitter and 11 other senators voted against cloture on the small business bill in favor of bringing a serious spending cut debate to the Senate floor first.