• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

GOP bill takes aim at Congress’ ‘no rules apply’ emergency spending

by June 5, 2025
written by June 5, 2025
NEWYou can now listen to Fox News articles!

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.’

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
White House highlights Pelosi hypocrisy after Schiff demands Trump admin financial, ethics docs
next post
Biden only hand-signed one pardon during final spree, and it was his most controversial one

related articles

Newsom says he kept in touch with Charlie...

September 17, 2025

Obama calls Charlie Kirk’s death ‘horrific,’ blames Trump...

September 17, 2025

Turning Point USA expands its merchandise collection with...

September 17, 2025

Patel spars with House Democrats on allegations he’s...

September 17, 2025

Rand Paul clashes with top Democrat over CDC...

September 17, 2025

FLASHBACK: Mamdani labeled Kirk a ‘far-right extremist’ who...

September 17, 2025

House Dem warns both sides on ‘road to...

September 17, 2025

‘This is the turning point:’ TPUSA says campus...

September 17, 2025

Senate Republicans brand looming crisis a ‘Schumer Shutdown’...

September 17, 2025

Donald Trump’s first vice president snags new job

September 17, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Eric Trump reveals if dad would prosecute Hillary Clinton, Hunter Biden if given 2nd term

    October 29, 2024
  • Weeks after Epstein file fallout, a new deadline looms in the release of the RFK and MLK files

    March 9, 2025
  • ‘Our position is clear:’ Zelenskyy and EU dismiss ceding Ukrainian land to Russia

    August 17, 2025
  • House Ethics Committee says no agreement reached on releasing Matt Gaetz report

    November 20, 2024
  • Schumer-linked PAC accuses senator of stock ‘greed,’ but financial disclosure contradicts claim

    September 9, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (6,060)
  • Investing (634)
  • Stock (926)

Latest Posts

  • Nvidia Rides AI Wave: Stock Soars By 4.1%

    October 10, 2024
  • Grenell lights up Susan Rice for years of failed Dem foreign polices that led to war: ‘We see you’

    March 2, 2025
  • Booker concludes record 25-hour speech against Trump, Musk, marking the longest ever on the Senate floor

    April 2, 2025

Recent Posts

  • Interview: Most central banks, especially the Fed, get interest rates wrong, says Jim Rogers

    August 8, 2024
  • LIZ PEEK: Hillary is finally paying dearly for dirty tricks that hurt Trump and American voters

    August 5, 2025
  • Trump Health Secretary nominee RFK Jr clears Senate Finance Committee confirmation vote

    February 4, 2025

Editor’s Pick

  • Kim Jong Un shows off his nuclear facility and calls for ‘exponential’ increase in warheads

    September 13, 2024
  • Death penalty looms for Charlie Kirk’s accused killer, but legal bar is high as Trump, Cox mount pressure

    September 14, 2025
  • ‘Right down the line’: Medicaid reform in ‘big, beautiful bill’ divides lawmakers by party

    June 7, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock