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Cochran weighs in on $1 trillion...

Cochran weighs in on $1 trillion spending bill

By: Magnolia Tribune - December 19, 2011

Cochran weighs in on $1 trillion spending bill

Sen. Thad Cochran (Miss.), ranking Republican on the Appropriations Committee, emphasized the legislation conformed to the spending levels set by the Budget Control Act lawmakers passed in August to raise the debt ceiling.

Cochran also emphasized cuts the legislation makes to various government programs, including those tasked with implementing reforms of the 2010 Patient Protection and Affordable Care Act.

“There are some dramatic reductions in spending,” Cochran said. “The independent payment advisory board, the co-op program created in the healthcare bill, we zeroed out funding in some of the energy credit subsidy provisions of this bill. That was hard to do but savings were needed.”

Cochran said the legislation eliminated 22 programs in under the jurisdiction of the Labor-Health and Human Services section for a savings of $225 billion.

The Hill
12/17/11

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Magnolia Tribune

This article was produced by Magnolia Tribune staff.