In this Sept. 19, 2013, photo, House Minority Leader Nancy Pelosi, D-Calif., speaks with reporters about the looming deadline to fund the government and the fight among House Republicans on a strategy on Capitol Hill in Washington. In comments on CNN’s “State of the Union” on Sept. 22, Pelosi says Republicans are using their opposition to health care reform as an excuse to shut down the federal government. (AP Photo/J. Scott Applewhite)
WASHINGTON (AP) — House Republicans are far less ambitious this week in their demands for spending cuts to erase new debt issued to pay the government’s bills than they were during a budget battle two years ago.
The list of cuts under consideration now tallies up to a fraction of the almost $1 trillion in additional borrowing that would be permitted under a GOP proposal for enabling the government to pay its bills through December of next year.
Two years ago, House Speaker John Boehner, R-Ohio, insisted on spending cuts totaling $2.1 trillion over a decade as the price to meet President Barack Obama’s demand for a like-sized increase in the government’s borrowing cap, also known as the debt ceiling.
Those cuts involved tighter “caps” on agency operating budgets as well as the automatic, across-the-board cuts known as sequestration triggered by the failure of a deficit “supercommittee” to reach a deal.
The problem now is that there isn’t a roster of Login to read more