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House GOP seeks austerity - TheHill.com
Republicans and Democrats clashed Monday on what is expected to be a chief battleground of the 2012 election — the fiscal plans of Rep. Paul Ryan (R-Wis.) and House Republicans.
A day after voters in France and Greece toppled governments in a European backlash against austerity measures, Republicans moved forward with legislation to replace $78 billion in automatic spending cuts to defense and discretionary domestic spending with a much larger $261 billion cut focused only on domestic spending.
The GOP said its bill highlights the Democrats’ obsessions with raising taxes and inability to accept even reasonable spending cuts to a government that is $16 trillion in debt.
Republicans and Democrats clashed Monday on what is expected to be a chief battleground of the 2012 election — the fiscal plans of Rep. Paul Ryan (R-Wis.) and House Republicans.
A day after voters in France and Greece toppled governments in a European backlash against austerity measures, Republicans moved forward with legislation to replace $78 billion in automatic spending cuts to defense and discretionary domestic spending with a much larger $261 billion cut focused only on domestic spending.
The GOP said its bill highlights the Democrats’ obsessions with raising taxes and inability to accept even reasonable spending cuts to a government that is $16 trillion in debt.
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