Tuesday, January 4, 2011

Just in--

Cutting Spending Top GOP Goal for 112th Congress

Washington--Slashing government spending will be the number one priority for the Republican-controlled House in the 112th Congress that begins this week. GOP House leaders will seek an ambitious agenda to cut spending by tens of billions of dollars in the first months of 2011.

House Republicans will also seek to scale back environmental regulations and tighten border security. Repeal of the health care bill is also on their agenda. But slashing spending will be the primary GOP focus. House Republicans want to cut about 21 percent from the $477 billion Congress has approved for discretionary spending this year.

“Getting a grip on this year’s spending is only the first step in addressing our long-term budget challenges—but it’s a step we must take, and we must take it now,” said incoming Budget Committee Chairman Paul Ryan (R-Wis.).

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