Tags: Gregg | Spending | Freeze | Pay

Gregg: Slash Spending, Freeze Government Pay

Friday, 10 Sep 2010 11:25 AM

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Congress should address the exploding budget deficit by slicing into spending and freezing federal government employees’ pay, says Sen. Judd Gregg, R-N.H. The senior Republican on the Senate Budget committee told CNBC that discretionary spending should be trimmed 2 percent during the next five years.
Story continues below video.



And he says that federal workers should see their cost-of-living adjustments (COLAs) suspended for three years.

The Congressional Budget Office estimates the budget deficit will total $1.34 trillion for the year ending Sept. 30. "We have to do more. I mean, it's really not an option any longer," Gregg said. "If you look at our numbers, they just don't meet."

© 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

Bill Would Limit Transfer of Military Gear to Police

Tuesday, 16 Sep 2014 22:30 PM

Two members of Congress are trying to stop the military from arming local police forces with high-caliber weapons, grena . . .

Average American Woman's Waistline Grows to 39 Inches: CDC

Tuesday, 16 Sep 2014 16:40 PM

Americans' belt size continues to inch up, and women's waistlines are widening faster than men's, according to new gover . . .

Union Appeals Rice's Indefinite Suspension by NFL

Tuesday, 16 Sep 2014 22:08 PM

The NFL players' union appealed Ray Rice's indefinite suspension Tuesday night.Rice was originally handed a two-game sus . . .

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