Latest news with #MarlinStutzman
Fox News
4 days ago
- Business
- Fox News
GOP bill takes aim at Congress' 'no rules apply' emergency spending
FIRST ON FOX: A House fiscal hawk wants to create a payment plan for congressional emergency spending to create accountability for the "no rules apply" funding stream. Rep. Marlin Stutzman, R-Ind., is set to introduce the Emergency Spending Accountability Act that would add guardrails to last-minute funding meant for national emergencies, like natural disasters, the COVID-19 pandemic or other spending meant to fill the gaps in the appropriations process. Stutzman told Fox News Digital that lawmakers will go about the usual budgeting process, passing stopgap spending bills or colossal, omnibus spending packages, but that "somewhere in between" there's always extra money pushed out the door for emergencies. "Whenever there's an emergency, Congress always overreacts," he said. "And I believe they pass these big spending bills under the guise of an emergency, national emergency, and spend money that we don't take into consideration through our budget process." He said that when he first came to Washington in 2010, the national debt was $9 trillion. After leaving the House and returning during last year's election cycle, that number has since ballooned to more than $36 trillion. And since the early 1990s, more than $12 trillion in emergency spending has added to the ever-growing deficit. The lawmaker said that the money dedicated for emergency use was rarely ever paid back, and he argued that the taxpayer dollars were sometimes not used for actual emergencies. Stutzman's legislation, which so far has seven House Republican co-sponsors, would require the federal government to pay off the balance of future emergency spending by 20% each year for five years after an emergency following a green-light from lawmakers to open up the cash flow. His bill would also stipulate that any emergency spending would have to comport with the criteria laid out by the Balance Budget and Emergency Control Act of 1985, which laid out a five-point roadmap to justify that emergency spending be necessary, sudden, urgent, unforeseen and not permanent. He understood that there is always a need for emergency spending, giving the examples of the pandemic and of Hurricane Sandy, which blasted through the East Coast more than a decade ago, but he noted there should be offset cuts to account for the spending and better planning on how the taxpayer dollars would be used. "Most companies and family budgets, they always have a rainy-day fund or an emergency fund that they can tap into if they need it for unexpected costs and expenses, but that's not the way Washington works," Stutzman said. "So that's the idea."
Yahoo
21-05-2025
- Business
- Yahoo
GOP congressman doubts deficit gap will be filled entirely
President Trump spent the morning on Capitol Hill trying to rally Republican lawmakers behind his 'big, beautiful bill' that is still facing opposition. Rep. Marlin Stutzman, R-Ind.., tells Blake Burman on 'The Hill' that the current budget gap doesn't account for 'trillions of dollars in investment' or 'tariff revenue.' Stutzman also expresses doubts that the bill's provisions will fill the deficit gap entirely. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Fox News
18-05-2025
- Politics
- Fox News
From Washington: The 'One Big, Beautiful Bill' Hits A Major Roadblock
When it comes to the 'one big, beautiful bill' that President Trump is determined to pass, many lawmakers predicted that the real challenge would lie in the details, particularly regarding how the tax and spending components would be structured. That prediction proved true on Friday when House Republicans blocked the legislation in a 16-21 vote, despite President Trump's push for unity just hours before. As Republicans in Congress scramble to strike a deal before Memorial Day, FOX News Senior Congressional Correspondent Chad Pergram joins to break down the key roadblocks standing in the way of the bill's passage. Then, Congressman Marlin Stutzman (R-IN) discusses his recent meeting with Syria's interim President Ahmad al-Sharaa and why he supports President Trump's vow to lift sanctions on the war-torn nation. Learn more about your ad choices. Visit
Bloomberg
15-05-2025
- Politics
- Bloomberg
Balance of Power: Early Edition 05/15/2025
On the early edition of Balance of Power, Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz discuss negotiations in the House of Representatives over reconciliation. On today's show, Bloomberg Chief Political Correspondent Annmarie Hordern, Republican Congressman Marlin Stutzman of Indiana, Stonecourt Capital Partner Rick Davis, Center for the Study of the Presidency & Democracy Senior Democracy Fellow Jeanne Sheehan Zaino, Republican Congressman Ryan Mackenzie of Pennsylvania and Bloomberg Editor in Chief Emeritus Matthew A. Winkler. (Source: Bloomberg)
Bloomberg
15-05-2025
- Business
- Bloomberg
Indiana GOP Congressman Calls for 'Action Now' on Spending Cuts
Republican Representative Marlin Stutzman of Indiana said there needs to be some compromise on more spending cuts if GOP lawmakers from high-tax states want to raise the cap on the state and local tax deduction. Stutzman also talked the removal of sanctions on Syria and what it means for the country's economic future. (Source: Bloomberg)
