Monday, March 7, 2011

GOP Plans To Cut Spending 2 Billion per Week

Last week the House and Senate agreed on a continuing resolution to temporarily fund the federal government until March 18th. This gives the House Republican Leaders and the Senate Democrat Leader two weeks to come up with a long term plan. However, it seems that they are no closer on settling on a budget that would fund the remaining 6 months of the fiscal year.

The GOP leadership, Speaker Boehner and Majority Leader Cantor, do have a plan that could put the Senate Democrats in the hot seat and keep their promise to cut 100 billion dollars from the budget.

House Majority Leader Eric Cantor, R-Va., said if no long-term deal is reached by March 18, Republicans are prepared to keep passing two-week funding measures that would cut $2 billion per week. At that rate, Republicans would still be able to achieve their campaign pledge to cut $100 billion from President Obama's proposed 2011 budget, Cantor said.


This move would help avoid a government shutdown provided that the Senate Democrats go along with it. And if they don't it will put the any shutdown squarely on Senator Reid's shoulders, who stated the following:

Senate Majority Leader Harry Reid, D-Nev., called the Republican proposal "one of the worst pieces of legislation that we have drafted in the history of this Congress,"

Among the cuts proposed by the house republicans are de-funding of health care reform law and de-funding of Planned Parenthood. You can read the entire Budget bill (H.R.1) on Thomas.gov.






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