Editor's Note: $23.7 trillion to the banks that caused the mess, $20 trillion wars, and austerity cuts for poor Americans. Robin Hood-in-reverse wealth redistribution in full swing.
Republican House Speaker John Boehner on Thursday vowed the biggest budget cuts in US history as budget talks in the Congress heated up.
Some of the cuts will be part of a House spending bill to fund the US government through the end of the fiscal year on October 1, replacing a stopgap measure approved last year that expires March 4.
Boehner also wants to slash the federal budget for fiscal year year 2012. President Barack Obama's administration is scheduled to introduce its proposed budget for next year on Monday.
"We've been in the majority now five weeks," Boehner told reporters. "You're going to see more spending cuts come out of this Congress than in any Congress in the history of this country."
The sweeping budget cuts may be approved in the Republican-controlled House, but will likely change when the measure reaches the Democratic-controlled Senate.
Link:
http://www.activistpost.com/2011/02/us-speaker-vows-massive-budget-cuts.html
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