Rep. Spencer Bachus (R-AL) A just-released analysis by the Congressional Budget Office estimates that the bill would increase the nation’s budget deficit by nearly $4 trillion over the next ten years (as compared to allowing the tax cuts to expire and deep spending cuts to take effect).
With House Republican Leader Eric Cantor (R-VA) and other members of his caucus opposing the bipartisan Senate deal, House Republicans are reportedly working to craft an amendment a majority would support. Senate Majority Leader Harry Reid (D-NV) has vowed to block any further changes to the bill.
0 comments:
Post a Comment