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:
Retype 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
You May Also Like

Rand Paul Blames Obama on Immigration Woes During Guatemala Mission Trip

Friday, 22 Aug 2014 11:30 AM

Kentucky Republican Sen. Rand Paul, in Guatemala for a humanitarian mission, also criticized President Barack Obama's im . . .

WSJ: Reid Effort to Malign Koch Brothers, Republicans May Work

Friday, 22 Aug 2014 09:59 AM

Senate Majority Leader Harry Reid's strategy of bashing conservative billionaire brothers Charles and David Koch appears . . .

'Tone Deaf' Obama Slammed Over Golf After Foley Horror

Friday, 22 Aug 2014 08:08 AM

President Barack Obama is facing mounting criticism over his decision to play golf right after he had attempted to comfo . . .

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