Washington, D.C. – Today, the House Appropriations Financial Services and General Government Subcommittee met to consider its Fiscal Year 2027 bill. The measure was approved by the Subcommittee.
Financial Services and General Government Subcommittee Chairman Dave Joyce (R-OH) said, "The Financial Services and General Government, or FSGG, appropriations bill funds much of the federal government – including the Department of the Treasury, the Executive Office of the President, the Federal Judiciary, the District of Columbia, and more than 20 independent Commissions, Departments, and Agencies. The FSGG topline allocation for Fiscal Year 2027 is $25.4 billion – which includes $143 million in new disaster funding for the Small Business Administration. Without the disaster money, this bill cuts one billion dollars from the fiscal year 2026 enacted bill... This year, the bill prioritizes the elimination of waste, fraud, abuse, and other improper payments in both the federal and state governments. These are priorities on which all members on both sides of the aisle should agree and support."
Full remarks, as prepared for delivery, are available here.
Chairman Tom Cole (R-OK) said, "This legislation funds the core institutions that underpin our economy, uphold the rule of law, and support security efforts across departments. From the Executive Office of the President to the Federal Judiciary, its reach is broad – and its impact is consequential. Importantly, Washington excess is replaced by America First priorities. The bill eliminates wasteful spending, reins in bureaucratic overreach, and restores accountability across government. It codifies several of President Trump’s executive orders to ensure the mandate of the American people is comprehensively implemented. And even with a strong focus on fiscal discipline, we do not neglect what matters most. This measure strengthens our national security by countering cyber threats, scrutinizing foreign investment from adversaries like China, and preventing terrorists and criminals from exploiting our financial system. It also invests in the drivers of American prosperity: consumer freedom, entrepreneurship, small business growth, and the liberties that sustain them."
Full remarks, as prepared for delivery, are available here.
A summary of the bill is available here.
Bill text is available here.
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