House spending bills have welcome cuts but still leave billions in potential savings on the table
The U.S. House of Representatives left Washington July 27 for its lengthy summer recess having only passed one of 12 spending bills required to fund the government for the upcoming fiscal year beginning Oct. 1. While all 12 bills have welcome reductions, they lack the more substantial cuts necessary to trim the deficit and stop the rampant inflation being caused by excessive government spending.