Providing for Consideration of Senate Amendments to H.R. 3547, Space Launch Liability Indemnification Extension Actby Representative Steven M. Palazzo
Posted on 2014-01-15
PALAZZO. Madam Speaker, I would like to thank Chairman Smith and
Chairman Rogers for their work to put this bill together. This is a
product of months of work on the part of our appropriators, under
regular order, to give us the framework for this bill.
I have the pleasure of serving as chairman of the Subcommittee on Space, as well as being one of the lead sponsors on the underlying indemnification bill. This is a simple, yet crucial, policy that allows our space industry to remain globally competitive as they support and service satellites Americans rely upon every day.
I welcome this 3-year extension, and I also appreciate the consideration this package has given my NASA reauthorization bill.
The larger package also begins to address issues facing homeowners across the Nation, not just in coastal areas, by including the Palazzo- Cassidy-Grimm-Richmond amendment that has received wide bipartisan support in both the House and the Senate.
This provision halts all FEMA work through the end of this fiscal year to implement rate increases on some of those homeowners affected by flood map changes. This provision sets the stage for broader reforms that we are working towards later this month or the next.
With this bill, we also maintain our commitments to our men and women in uniform by restoring damaging defense cuts. We address cost-of- living adjustments for 63,000 medically retired military personnel and survivors receiving those benefits. I plan to continue working to address cost-of-living increases for all of our military retirees.
We provide for a well-deserved 1 percent increase in troop pay, and it also provides funding for homeland security priorities, such as the seventh and eighth National Security Cutters for the Coast Guard.
Finally, this bill continues the pattern of responsible cuts to government waste, fraud and abuse. It represents $165 billion in total discretionary cuts since 2010, and is part of our commitment, as House Republicans, to continue cutting spending responsibly.
Again, I thank my colleagues for their work on this bill.