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Shows & Panels
Elections put new focus on government spending
Wednesday - 10/27/2010, 2:49pm EDT
According to the Post, John A. Boehner (R-Ohio) has pledged to roll back agency spending to 2008 levels and stage weekly votes to get rid of "unpopular federal programs."
The House GOP Pledge to America agenda calls for a balanced budget, but congressional budget analysts say moves such as a return to 2008 levels will only "barely dent the trillion-dollar deficits" projected for the decade, according to the article.
President Obama has vowed to focus on deficit reduction for the remainder of his term, proposing a three-year freeze for most agencies and considering an additional 5 percent cut in the request that will go to Congress in February.
The president has appointed a bipartisan commission to develop a plan for cutting the deficit. The six Republicans, six Democrats and six presidential appointees of the commission will issue their report by Dec. 1.
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