On Tuesday, the House could vote on $51 billion in federal relief for states affected by Superstorm Sandy. The debate over the Superstorm Sandy aid package, a $17-billion bill with an additional $34 billion amendment, has exposed divisions within the Republican Party and a fight over the "pork." The Conservative Club For Growth has announced it will penalize any lawmaker who votes for the package because they say it includes wasteful spending. This morning Congressman Mick Mulvaney (R-SC) joins “Starting Point” to discuss his plans not to vote for the measure.
Mulvaney, who serves as a member on both the Budget Committee and Joint Economic Committee, says his difficulty with the Sandy Aid bill is “that it is not paid for.” He adds, “We’re borrowing this additional money to do this and I just think that’s wrong. I’m hoping we can figure out a way today during the amendment process to find savings elsewhere to pay for this without adding to the debt.”
Mulvaney adds he would encourage his colleague Governor Chris Christie (R-NJ) to “consider the fact that in 1989 and even as late as Katrina several years ago the debt was much much smaller.” Mulvaney says in 1989 the debt was approximately around two to three trillion dollars but it is currently five or six times larger than that today. He adds, “we simply cannot continue what we’ve done in the past. That’s how we arrived where we are.”
Mulvaney says, “The days of being able to say ‘ok let’s borrow money from China to do this or let’s borrow money from China to do that have come and gone.’” He says the question is not whether or not the Sandy disaster relief bill is going to be tackled today but whether or not it means enough to lawmakers to say that we are going to pay for it “because if we don’t what we’re essentially saying is our children are going to pay for it.”
Take the renewable energy subsidy money that banks like Barclays and the 4th richest man in the world is cashing in on, Warren Buffet's company,and use this money to help our citizens for God's sake, please!!! The petroleum and coal companies, who have heated our planet are responsible for these hurricanes. Let's dig in their pockets to pay this entire bill.
I don't follow Mulvaney's line of thinking. It makes no sense to take money out of annual appropriations to fund a one-time event. Now if the government wants to set up a "rainy day" fund that they place money into annually to be drawn down for events like Sandy that might make sense, especially if it would be funded by something like a carbon tax. Somehow I think Mulvaney would vote against that approach as well.
OK, and we don't pay him until its paid for.
Starting Point airs weekdays from 7am to 9am ET on CNN. Check in often to join the daily conversation.