$100 billion is a good start

Incoming House Speaker John Boehner and his new tea-party fueled colleagues are laying the groundwork for what would be, in absolute terms, the largest reduction ever in federal discretionary spending.

During the recent midterm elections campaign, Republican leaders pledged to reduce non-entitlement spending by a whopping $100 billion.

Doing so would effectively roll back the federal government’s non-entitlement spending to 2008 levels, budget experts tell Newsmax.

“I’m here tonight to tell you that our new majority will be prepared to do things differently,” Boehner declared after the elections, “to take a new approach that hasn’t been tried before in Washington by either party. It starts with cutting spending instead of increasing it . . . Reducing the size of government instead of expanding it.”

Democratic leaders, keenly aware that budget cutting will draw bitter opposition from special-interest groups, seem almost amused by the “rollback to 2008” mantra that Boehner and the freshman GOP members of Congress have enthusiastically embraced. The newly re-elected leader of House Democrats, Nancy Pelosi, said Wednesday she welcomes Republican proposals.

But Pelosi’s openness figures to change once the 112th Congress gets down to business. Experts on the federal budgeting process tell Newsmax there is little doubt that Republicans will move quickly to trim federal spending.

“The Republican leadership has committed to this $100 billion cut,” says Brian Riedl, lead budget analyst for the Heritage Foundation. “I expect them to do everything in their power to enact it. They’re on the record, they ran on this, and if it’s brushed aside there would be harsh political consequences.” (Source: NewsMax)

The big question is will all the talk become actual action once the 112th Congress starts in January.

The fact is this type of boldness is needed to avoid going over the cliff when it comes to uncontrolled spending.

Whether the special interests like it or not, government needs to tighten its belt.

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