February 19th, 2011 7:38 pm
House GOP Gets 60% of its $100 Billion Loaf
After originally pledging to cut $100 billion in spending this year the House GOP leadership settled for a cut of $30 billion. Then, the Tea Party-backed freshman caucus weighed in and forced a rethink. Early this morning, the House voted to cut $60 billion in this year’s budget.
That’s real, measureable progress. Getting 60% of a loaf may not satisfy everyone’s hunger for budget cuts, but it is still a victory for fiscal conservatives. Well done.