Fox News ^ | January 26, 2011
President Obama's pledge to freeze some federal spending for five years was met with yawns Wednesday from a slew of fiscally minded Republicans who say that if the president is serious about tackling the national debt, he'll have to do a lot better than that.
Congressional Republicans want to see deep cuts in the budget, as demonstrated by a GOP proposal last week to slash $2.5 trillion over the next decade and a proposal Tuesday from Sen. Rand Paul, R-Ky., to cut $500 billion in one year.
Their calls to dismantle entire agencies and departments might not get much bipartisan support. But by comparison, the president's call to freeze domestic spending for five years, yielding a projected savings of $400 billion over a decade, looked too tame to many lawmakers.
"We're continuing to spend at a deficit level, so if we do that for the next five years, we'll continue to add to our debt," Rep. Kristi Noem, R-S.D., told Fox News. "The reality of his speech last night is very difficult to imagine."
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment