GOP Speaker Promises $100 Billion In New Cuts
Republican House Speaker John Boehner has promised to make new
cuts of $100 billion in statements Thursday.
By Republican reckoning, the new measure would reduce spending by $100 billion below Obama's request for the current fiscal year, a number they had promised to meet in the "Pledge to America," their manifesto in the 2010 campaign. The actual cuts from current rates are less because the $100 billion promise assumes Obama budget increases that were never enacted.
Public Advocate applauds reductions in government
spending.