Tags: GOP | budget | debt | deficit

GOP Leaders May Press for Two-Year Budget Deal

Tuesday, 07 Jun 2011 01:13 PM

By Dan Weil

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Republicans appear to be sitting in the catbird seat in terms of negotiations with the Democrats to raise the government’s debt limit. GOP leaders may ask the White House for substantial reform of the budget process in exchange for their support to lift the debt ceiling, The Hill reports.

That could include changing to a two-year budget, rather than going year by year. Congress has been discussing that possibility for more than 10 years.

Backers of the idea maintain it will keep Congress from worrying constantly about spending deadlines, allowing it to concentrate more on oversight issues instead. Many of the spending deadlines are observed only in the breech anyway.

House Speaker John Boehner has voted for a two-year budget in the past.

© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
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
 
Email:
Country
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

No Dem Senate Candidate on Kansas Overseas Ballots

Friday, 19 Sep 2014 22:13 PM

There's no Democratic Senate candidate listed on some 500 Kansas ballots mailed to overseas voters this weekend – a setb . . .

RNC's Priebus Slams Wis. Governor Candidate for Jobs Plan Fiasco

Friday, 19 Sep 2014 19:22 PM

Republican National Committee Chairman Reince Priebus slammed Wisconsin Democratic gubernatorial candidate Mary Burke on . . .

DNC Raises $7M in August, Has $11M Banked

Friday, 19 Sep 2014 18:42 PM

The Democratic National Committee raised $7 million last month and has $11 million banked.The DNC on Friday filed its Au . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

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