Congress will have to cut spending like nobody’s business to get the $1 trillion-plus budget deficit under control, and that’s exactly what incoming Speaker John Boehner intends to do. Congress will consider at least one measure to reduce spending each week, starting with the budgets of congressional offices, he told CBS’ “60 Minutes,”
The Hill reports.
Boehner says he’s going to trim all House leadership budgets, including his own; committee budgets; and members' allowances by 5 percent. That will create an annual savings of $25 million to $30 million. "It likely would be one of the first votes we cast," he says.
While that’s obviously a drop in the bucket compared to the whole budget deficit, "You’ve got to start somewhere,” Boehner points out. “And we’re going to start there."
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