Friday, February 11, 2011

GOP Leadership Promises Steeper Cuts In Spending

WASHINGTON — House Republican leaders said Thursday that they would accede to demands from conservatives and dig deeper into the federal budget for billions of dollars in additional savings this year, exhibiting the power of the Tea Party movement and increasing chances of a major fiscal clash with Democrats.

In response to complaints from rank-and-file Republicans that the party was not fulfilling a campaign promise to roll back domestic spending this year by $100 billion, the chairman of the House Appropriations Committee said his panel would abandon its initial plan and draw up a new one to slice spending more aggressively.

“Our intent is to make deep but manageable cuts in nearly every area of government, leaving no stone unturned and allowing no agency or program to be held sacred,” Representative Harold Rogers, the Kentucky Republican who leads the committee, said.
Read the rest here.

No comments: