Cochran urges peers to be cautious
Published: November 20,2009
WASHINGTON — Sen. Thad Cochran (R-Miss.), the ranking Republican on the Senate Appropriations Committee, yesterday cautioned the Senate about creating new programs, whether for healthcare, climate change or education, that are funded through automatic mandatory spending.
In a speech to the Senate, Cochran addressed congressional spending practices, and stressed that the Congress could better control future spending by relying on the annual congressional appropriations process rather than putting more funding on “autopilot.” He delivered the speech on the eve of Senate debate on a healthcare reform package that will create new mandatory spending programs.
“Given our nation’s fiscal situation, it seems to me that we should strongly favor a procedure that requires Congress to consider programmatic spending every year,” Cochran said. “This is not a question of which committee has the power over the purse. It is a question of whether Congress will maintain the power over the purse, and deliberately exercise it.
“Once a funding stream is made mandatory, it is extremely difficult to reduce or cut off the spending, or to use the leverage of future funding to motivate more efficient management of federal programs and activities.”
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- New Mississippi state highway map is available for the public
- DAVID DALLAS: Who in the Hell are We?
- Tanger Outlets involved in Southaven project
- Shale oil: market correction or longterm direction?
- Aluminum company rumored for Columbus: 'clock' is for website, not plant site
- Ikea confirms plan for Memphis store
- Ingalls to lease former SRHS clinic in Gautier for employee medical center
- McCrory joins Epps in asking for trial delay
- Former Lane Furniture plant sold for $1.45 million