House Republicans emerged from an emergency meeting about the budget Thursday night sounding unified around a newfangled stop-gap spending measure that would achieve cuts of $100 billion.
Freshmen, once again, were the driving force that sent the GOP leadership to head back to the drawing board for deeper slashes to spending just a month into their majority.
The newly elected lawmakers wanted what GOP leadership assured: $100 billion in cuts, now. Not prorated over the remainder of the fiscal year. House Majority Whip Kevin McCarthy (R-Calif.) said Thursday night in the basement of the Capitol that the cuts Republicans are proposing would equal $170 billion over 12 months, instead of the seven months covered by the CR.
Friday, February 11, 2011
Thank goodness for the new guys.
Posted by traderrob at 5:43 AM