Budget

Rep. Don Bacon on the Debt Ceiling and Federal Spending

| Posted in In the News

Washington Journal Rep. Don Bacon on the Debt Ceiling and Federal Spending Representative Don Bacon (R-NE) talked about the state of the economy, federal spending, and the debt ceiling battle. https://www.c-span.org/video/?525512-101/washington-journal-rep-don-bacon-r-ne-discusses-debt-ceiling-federal-spending

Republican Congressman Don Bacon urges bipartisanship on debt ceiling

| Posted in In the News
Tags: Budget

Republican Congressman Don Bacon urges bipartisanship on debt ceiling As the battle over the debt ceiling heats up in Congress, NPR's Ailsa Chang talks with Congressman Don Bacon, a Republican from Nebraska, about the negotiations. https://www.npr.org/2023/01/19/1150075811/republican-congressman-don-bacon-urges-bipartisanship-on-debt-ceiling

DOD Budget: Will Congress Cut in 2024—or Hold Steady?

| Posted in In the News

After back-to-back years of significant spending increases for defense, Congressional hawks may face stiffer opposition in the year ahead, with pushback from members of both major political parties.  Opposition to defense spending increases from one wing of the Republican Party emerged during the protracted process to elect Rep. Kevin McCarthy (R-Calif.) as Speaker of the…

BACON VOTES NO ON CONTINUING RESOLUTION

| Posted in Press Releases

Washington, D.C. – Rep. Don Bacon (NE-02) today voted no on a Continuing Resolution to keep the government funded through December 16, 2022. He released the following statement: “Continuing Resolutions are a blow to military readiness because they delay military training, modernization, and decrease recruitment and retention efforts. Instead of extending funding into 2023,…

BACON VOTES AGAINST DEMOCRATS’ RECKLESS TAX AND SPENDING PACKAGE

| Posted in Press Releases

Washington, D.C. – Rep. Don Bacon (NE-02) today released the following statement after voting against H.R. 5376, the Inflation Reduction Act of 2022. This $740 billion spending package raises taxes and redirects hundreds of billions of dollars from Medicare to insurance companies; gives $80 billion in new funding to the IRS; and hires an additional 87,000 IRS agents to audit…

SHARE ARTICLE New Bill Aims to Highlight Pass-Through Funding’s Impact on the Air Force

| Posted in In the News

When the Pentagon released its 2023 budget request on March 28, a graphic was shown to reporters breaking down the $773 billion in spending by department—and the Air Force led the way, with $243.1 billion in its accounts. But when Air Force officials spoke to journalists later that afternoon, their budget documents showed just $194 billion, with an extra $40.1…

Bacon sponsors bill to improve transparency of DOD budget allocations

| Posted in In the News

U.S. Rep. Don Bacon (R-NE) on April 26 sponsored a bipartisan bill that would require an independent study and report on the effect of pass-through budgeting on organizations and elements of the U.S. Department of Defense (DOD). The Defense Budget Transparency Act of 2022, H.R. 7574, which is cosponsored by U.S. Rep. Kaialiʻi Kahele (D-HI), aims to improve public understanding of how…

BACON, KAHELE INTRODUCE DEFENSE BUDGET TRANSPARENCY ACT

| Posted in Press Releases

Washington, D.C.—Reps. Don Bacon (NE-R-02) and Kaialiʻi Kahele (HI-D-02) have joined together to introduce H.R. 7574, the Defense Budget Transparency Act of 2022, to improve public understanding of how tax dollars are being allocated in the U.S. defense budget. The bill directs the Secretary of Defense to prepare a report on the extent and impacts of “pass through” budgeting and…

SHARE ARTICLE Pentagon Brass: 2023 Budget Built off ‘Inaccurate’ Inflation Rates

| Posted in In the News

With many lawmakers already pushing to increase the top line of the Pentagon’s fiscal 2023 budget, top defense officials acknowledged April 5 that their budget request was based off inflation rates that were “incorrect.” At the same time, they argued, the $773 billion request would be enough to pursue the Defense Department’s goals of modernization to match the threat of China…