Tags: Congress Spending

House to Get Quick Start on Spending Cut Pledge

Tuesday, 18 Jan 2011 07:09 PM

Washington (AP) — House Majority Leader Eric Cantor is promising a vote next week backing up the GOP's promise to cut spending for most Cabinet agencies back to the levels in place before President Barack Obama took office.

Such a vote would put all House members on record behind cutting $100 billion from Obama's proposal for the operating budgets of agencies like the Commerce and Education departments, NASA and the Environmental Protection Agency.

Obama and Democratic lawmakers oppose the idea, and it's not likely to pass Congress.

The actual savings would be considerably less since the budget year has been under way since October. Plus, the current budget freeze already denies Obama his hoped-for increases.

Republicans say security agencies like the Pentagon and the Homeland Security Department would be exempted.

© Copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

1Like our page
2Share
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved