Today, the House Appropriations Committee released the Fiscal Year 2026 bill for the Financial Services and General Government Subcommittee. The bill will be reviewed in a subcommittee meeting tomorrow at 5:30 p.m., with the session available for live streaming on the Committee’s website.
Financial Services and General Government Subcommittee Chairman Dave Joyce commented on the importance of fiscal responsibility, saying, "Reining in wasteful spending remains a top issue for Americans, and it is important our government share these values and take steps that reflect them." He thanked his colleagues for their efforts on this legislation.
Chairman Tom Cole highlighted that "The FY26 FSGG bill safeguards taxpayer dollars and reverses the Biden-era trend of bureaucratic overreach," emphasizing its support for economic growth and national security investments. He noted that under Chairman Joyce’s leadership, the bill aims to ensure effective governance focused on American citizens.
The Fiscal Year 2026 Financial Services and General Government Appropriations Bill proposes a discretionary allocation of $23.341 billion, marking a decrease from previous allocations. The bill aligns with President Trump’s agenda by promoting fiscal discipline while enhancing national security and efficiency within federal operations.
Key elements of the bill include measures to drive economic growth through technology innovation, protect consumer freedoms, uphold core rights against government overreach, champion an America First agenda, bolster national security efforts, restore fiscal sanity by reducing expenditures, and enforce oversight in Washington D.C.
A detailed summary of the bill is available online along with the full text of the legislation.