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Sunday, February 20, 2011

GOP Policy Leader Price: 'More Cuts And Reforms On The Way'

Fresh from a budget victory early Saturday, House Republicans are taking their crusade against federal spending into the Presidents Day recess.

GOP leaders are urging Democrats to accept steep and immediate cuts, while slamming the White House for a stimulus spending approach they say will kill jobs and impede economic recovery.

"We need to end Washington’s spending binge to reduce uncertainty, to boost confidence, and to encourage private investment in our economy," Rep. Tom Price (R-Ga.), chairman of the Republican Policy Committee, said Saturday in the GOP's weekly radio address. "To help create a better environment for job creation in America, the spending binge has got to stop."

With deficit spending projected to top $1.6 trillion this year, House Republicans have championed a continuing resolution (CR) to cut $61 billion from federal programs over the next seven months. After four days of raucous floor debate over scores of amendments, the lower chamber passed that bill early Saturday morning.

The CR is sure to hit a brick wall in the Democratically controlled Senate, however, and President Obama has similarly vowed to kill the proposal if it reaches his desk.

House Speaker John Boehner (R-Ohio) warned this week, however, that Republicans won't accept a proposal – even a temporary one – that doesn't cut spending below current levels.

“When we say we’re going to cut spending, read my lips, we’re going to cut spending,” he said Thursday.

Asked Friday night about the GOP's plans for a temporary CR, Boehner was elusive.

"You'll know soon enough," he told reporters in the Capitol.

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