With inflation at an all-time high, cutting back on government spending is one way to bring it back down. Representative Aaron Bean (R-FL) has introduced a bill for just that, offsetting the $95 billion foreign aid package passed earlier this year by cutting from Green New Deal initiatives.
Rep. Bean’s bill, known as the ‘Cutting Unobligated Tumultuous Spending (CUTS) Act,’ is not just a generic cost-cutting measure. It specifically targets Green New Deal programs, such as the Carbon Reduction Program and Congestion Mitigation and Air Quality Improvement Programs, which are crucial for regulating carbon emissions.
Additionally, the CUTS Act would reduce COVID-19 relief funds such as the CARES Act, which was designed to offset the costs incurred by the House’s $95 billion foreign aid package earlier this year. Republicans heavily criticized the package for lacking border security provisions.