Lawmaker: Higher purchase card spending limit "inevitable"

[The Straight Story]

Lawmaker: Higher purchase card spending limit "inevitable"

By Daniel Pulliam
[e-mail]

Legislation that would double or triple the $2,500 purchase card ceiling is on the horizon, according to House Government Reform Committee Chairman Tom Davis, R-Va.

The $2,500 cap has "been in effect for a few years, and $2,500 can't buy what it used to," Davis said in a speech at a Washington conference hosted by VISA U.S.A. Inc. "I think it's inevitable ... at some point we'll double it or triple it."

Currently the Homeland Security Department's limit, known as the micropurchase threshold, is $7,500, with a $2,000 limit for construction-related purchases.

Davis said he won't try to raise the limit now because Senate Finance Chairman Charles Grassley, R-Iowa, would "try to come in and undo the whole thing."

http://www.govexec.com/dailyfed/0505/050605p2.htm

[TahitiNut]

1. Yee-Haw! Spend!

Just what's needed ... looser reins on federal spending! :sarcasm:

[NorCalDem]

2. Just what our Politicians need.

A higher spending limit to go along with the illegally funded freebees they already get from boosters and PACs, all so that they can continue to screw the little guy. Yeah, our tax dollars at work!