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Monday, Feb 28 2011

House Republicans Release Two-Week CR With $4B In Proposed Cuts

"House Republicans late Friday afternoon released a two-week continuing resolution [CR] that cuts more than $4 billion in federal spending," Roll Call reports (Stanton, 2/25). "Under the proposal, the law now keeping the government open would be extended two more weeks, until March 18 ... In the interim, House and Senate leaders would try to negotiate a broader plan to finance the government at reduced levels through Sept. 30," the New York Times reports. Republican leaders trimmed programs in education, transportation and other areas "that President Obama had previously sought to close down" (Hulse, 2/25). "The plan, scheduled to hit the House floor Tuesday, includes $1.24 billion in program terminations and $2.7 billion in earmark terminations, according to a summary provided by the House Appropriations Committee," CQ writes (Goldfarb/Young, 2/25).
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