Tags: spending | cuts | republicans | obama

Conservative U.S. Republicans Seek Deeper Spending Cuts

Thursday, 08 Mar 2012 05:39 PM


Conservative Republicans in the U.S. House of Representatives are not satisfied with spending caps mandated by last year's debt limit deal and are seeking deeper cuts - even if this raises the risk of another government shutdown fight.

Republican aides said on Wednesday some members of the House Budget Committee are pressing for a budget resolution that holds discretionary spending at least $97 billion below the $1.047 trillion cap set by the Budget Control Act for fiscal 2013.

Members of the Republican Study Committee, a staunchly conservative wing of the party that includes many lawmakers backed by the Tea Party movement, are advocating $931 billion in discretionary spending, although some have suggested a compromise figure of $950 billion.

The effort, expected to be discussed with House Majority Leader Eric Cantor on Thursday, shows Republicans' resolve to demonstrate fiscal restraint during an election year in which rising U.S. debt is a prime concern in voter polls after the economy and job creation.

Among its more ardent advocates is Representative Scott Garrett, the second-ranking Republican on the House Budget Committee, who directs budget policy for the Republican Study Committee.

"Congressman Garrett's view is that the United States is broke and if this rush towards bankruptcy is going to be stopped, then spending needs to be cut more deeply," said Ben Veghte, a spokesman for the New Jersey Republican.

Garrett is working with Budget Committee Chairman Paul Ryan to draft a Republican budget proposal in the coming weeks.

Last year, Republicans in the House passed a plan that cut $6.2 trillion over 10 years, largely with deep and controversial cuts to the Medicare healthcare program for older Americans. The non-binding measure died in the Democratic-controlled Senate but caused deep worries among seniors about losing their benefits.

This year, a similar approach to the popular but increasingly expensive Medicare program may be fraught with deeper political consequences, as all 435 House seats are up for re-election in November. It may be less controversial to go after discretionary spending programs.



But going below the $1.047 trillion Budget Control Act cap might cause other problems with the spending bills needed to keep the government running.

Some Republican aides said deeper cuts would likely mean these measures would lose the support of Democrats, making them very difficult to pass. Although Republicans hold a majority in the House, they have not been able to pass budget and spending legislation without Democratic support for over a year.

The spending cap was meant to ensure Congress does not face a repeat of last year's series of threatened government shutdowns as spending legislation expires.

But if deeper cuts make such appropriations bills harder to pass, an election-year shutdown battle could emerge, setting financial markets on edge as they did during much of 2011.

The Republican Study Committee has pledged spending bills with deeper spending cuts will get sufficient votes to pass.

But one senior Republican aide was not so sure, saying there was a core of about 50 to 80 House Republicans who will vote against all spending bills because they say they were elected to cut wasteful spending in Washington. (Reporting By David Lawder; editing by Todd Eastham)

© 2015 Thomson/Reuters. All rights reserved.

Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
Zip Code:
Privacy: We never share your email.
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
Top Stories
You May Also Like

Sen. Ayotte: Trading Terrorists for Citizens Sets Bad Precedent

Monday, 26 Jan 2015 22:23 PM

Sen. Kelly Ayotte told Fox News she is glad Rep. Duncan Hunter is asking questions about the timing of the release of an . . .

CIA Officer Convicted of Leaking Secrets to NYT's James Risen

Monday, 26 Jan 2015 16:01 PM

A former CIA officer was convicted Monday of leaking details of a covert mission to derail Iran's nuclear program in a c . . .

Critics: Fawning Over Deceased Saudi King Whitewashes Reality

Monday, 26 Jan 2015 21:38 PM

Joint Chiefs of Staff Chairman Martin Dempsey's decision to establish a "research and essay competition" in honor of the . . .

Most Commented

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.

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