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DU Home » Latest Threads » Forums & Groups » Retired » Retired Forums » 2016 Postmortem (Forum) » House G.O.P. Sets New Off... » Reply #1

Response to UCmeNdc (Original post)

Wed Jul 24, 2013, 06:08 AM

1. Cut the budget for the financial regulators, of course

The Securities and Exchange Commission, which has been flexing its muscle against hedge fund managers and insider trading schemes, would see financing cut 18 percent from the current level. Though Mr. Obama will finally get a fully operational National Labor Relations Board under a Senate agreement that forced Republicans to drop their filibuster of his three board nominees, House lawmakers are slashing spending on the board’s operations.

Under other House legislation, the budget for the Internal Revenue Service would be cut by 24 percent, Amtrak would lose a third of its financing, and clean water grants from the Environmental Protection Agency would be slashed by 83 percent.

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UCmeNdc Jul 2013 OP
LineNew Reply Cut the budget for the financial regulators, of course
Kolesar Jul 2013 #1
Proud Liberal Dem Jul 2013 #2
MrScorpio Jul 2013 #3
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