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Bishop Votes to Reduce Deficit and Control Spending

March 23, 2007
Press Release
 The U.S. House of Representatives passed today, by a margin of 216-214, the final version of the Deficit Reduction Act, which will reduce government spending and cut the deficit. By slowing the growth of federal outlays and reforming portions of the government's annual mandatory spending, the overall bill will save taxpayers nearly $40 billion over the next five years - about $300 per taxpayer.

Congressman Bishop issued the following statement following the vote on the House floor:

"I host a lot of town hall meetings. Reducing spending and cutting the deficit are themes I hear constantly from constituents, and I agree with them. It's high time we slowed down out of control federal spending. This deficit reduction act is the right thing to do, and demonstrates discipline and responsibility with the taxpayers' money."

"Let's not forget, we aren't cutting spending with this bill – we are simply reducing the rate of growth. We're still going to spend overall more next year than this year, but this is a step in the right direction of getting our fiscal house in order."