Wednesday, July 23, 2014

What Emergency? CBO Says Just $25 Million of Obama’s $3.7 Billion Border Bill Would Be Spent This Summer

What Emergency? CBO Says Just $25 Million of Obama’s $3.7 Billion Border Bill Would Be Spent This Summer | TheBlaze.com:
An analysis of President Barack Obama’s huge budget request for the border shows that it would only spend $25 million for the rest of the current fiscal year, which Senate Budget Committee ranking member Jeff Sessions (R-Ala.) said means Congress should be in no rush to pass it.
“CBO analysis suggests that only $25 million out of the $4.3 billion request will be spent this year. What does that mean?” Sessions asked. “It means we ought to slow down, and there is no basis to demand a $4.3 billion increase in spending, emergency spending.”
Obama has requested $3.7 billion for the border, and another $600 million to fight wildfires. But according to CBO, just $25 million would be spent during the rest of FY 2014, which ends in September. Most of the rest of it would be spent in 2015, and spending would continue through 2020.
In addition, all of the spending in 2014 would take place in the Department of Health and Human Services. Obama’s plan would give the Department of Homeland Security $1.1 billion, but none of that money would be used until FY 2015.

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