House Budget Committee Chairman Paul Ryan, R-Wis., created quite a stir this week when he released a budget proposal calling for $6.2 trillion in spending cuts over the next decade. Now the House Republican Study Committee (RSC), chaired by Republican Rep. Jim Jordan
, has gone even further, The Hill reports
It offered a plan Thursday that would slash spending by $9.1 trillion during that period. The 176-member RSC will present its “Honest Solutions” proposal as a floor amendment to the 2012 budget resolution next week. The House Budget Committee passed a Republican-designed budget late Wednesday.
The amendment will probably fail, but it shows that many Republicans are serious about implementing major spending cuts to shrink a budget deficit that is currently slated to stay above $1 trillion for years to come.
© 2013 Newsmax. All rights reserved.