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'Get This Ship Turned': Oklahoma Senator Markwayne Mullin Touts Progress For Spending Cuts
Forbes Breaking News
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6 months ago
In a video address, Sen. Markwayne Mullin (R-OK) explains rescission packages.
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00:00
We have once in a generation opportunity to actually do what's right for this country
00:04
and get this ship turned and move in the right direction. And I believe we can do it.
00:09
This is one of a three-step process. Reconciliation, rescission, appropriation.
00:15
So we're done with the first reconciliation. And I did say the first reconciliation. We
00:20
probably will do two more reconciliation packages. Now we're moving to rescission
00:24
and appropriation. That's what we're working on right now in the Senate. And they're running
00:28
those two simultaneously. Now we won't finish appropriations, but we have to complete the
00:33
rescission package. Now remember, the rescission package is what President Trump and his
00:38
administration looks at and says, look, Congress, I know you appropriated these dollars for these
00:43
programs. We're not going to be able to spend it. We don't want to spend it. We're going to give it
00:47
back to you. Once they send it back to us through a rescission package, Congress, both chambers,
00:52
has 45 days to act. And if we don't act, then it basically instructs the president that he has to
00:58
go ahead and spend the money. They have sent it back. The house passed it, sent it to us. Now we're
01:03
working through it. It's going to actually be a little bit more difficult because there's a lot
01:07
of people over here that have strong opinions. Politicians having strong opinions, you would
01:10
think. Every step of the way, though, we're cutting spending. As I say all the time, we're all in the
01:15
same boat. We're all in the same direction. There's multiple different areas we have to do to get our
01:20
physical house in order. Stay tuned. We are working hard to deliver for the American people.
01:25
Remember, promise is made. Promise is kept. We're going to continue to do this. We have to. We're
01:31
$37 trillion in debt. Thank you for letting me be in the fight. God bless y'all. God bless
01:36
United States of America.
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