Several days before the August congressional recess, we noted that some conservatives were considering abjuring the House budget in favor of a 6-month CR to fund the beginning of FY 2013 in October. Their rationale was to defer the major spending fights until 2013, when presumably, we would have more control over the final outcome. Additionally, the original intent of this plan was to deny the Democrats and moderate Republicans the opportunity to use a must-pass spending bill to tack on tax increases and other bad proposals during the lame duck session.(Read More)
He can cut 100 Billion Dollars if he WANTS TO. A MUST read.