Saturday, February 27, 2016

Conservatives Tell Ryan To Spend Less In 2017

By Susan Ferrechio, Feb 26, 2016 Washington Examiner

The head of the biggest House Conservative faction said a recent report on the nation's growing debt pushed the group to reject a $1.07 trillion discretionary spending plan for next year.

Rep. Bill Flores, chairman of the Republican Study Committee, told House Speaker Paul Ryan the group will not support the fiscal 2017 budget number that was reached just a few months ago. He said the group came to that conclusion after reading a Congressional Budget Office report that projected the budget deficit would grow from $439 billion to $522 billion, in part due to increased federal spending.

Instead, the RSC is backing a budget of $1.04 trillion, which adheres to mandatory spending cuts passed into law under the 2011 Budget Control Act, but which both parties rejected in a 2016 deal to boost spending by $80 billion over two years. That agreement allowed a $30 billion increase for fiscal year 2017.

 
Read More: http://www.washingtonexaminer.com


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