December 11, 2014

Congresswoman Barbara Lee Strongly Opposes Putting Taxpayers on the Hook for Wall Street Gambling in So-Called CROmnibus

Washington, DC – Today, Congresswoman Barbara Lee spoke in opposition to the rule that would govern the so-called CROmnibus:

“This bill [H.R. 83] funds many things that I support including Ebola funding and a critical $5.67 billion for the President's plan for AIDS relief, PEPFAR.

However, it includes provisions that I cannot support.

I cannot support provisions that would roll back the Dodd-Frank Wall Street reform bill and put taxpayers back on the hook for Wall Street gambling.

Provisions within this bill would also eviscerate campaign finance laws and allow ultra-wealthy donors to increase national party donations ten-fold.

Additionally, it includes $73.7 billion for the Overseas Contingency Operations [OCO] fund, which is quite frankly a slush fund and appropriates an additional $3.4 billion to fund an unauthorized war against ISIS in Syria and Iraq. More than three months after this war began, Congress has yet to have the Constitutionally-mandated debate and vote on an authorization for the use of military force [AUMF].

I urge a no vote on the rule and a no vote on the bill.”

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Congresswoman Lee is a member of the Appropriations and Budget Committees, the Steering and Policy Committee, is a Senior Democratic Whip, former chair of the Congressional Black Caucus and co-chair of the Progressive Caucus. She serves as chair of the Whip’s Task Force on Poverty and Opportunity.