Obama officially threatens to veto Republicans’ ‘cut, cap and balance’ bill


Obama officially threatens to veto Republicans’ ‘cut, cap and balance’ bill – TheHill.com.

“The House Rules Committee is expected to take up the measure on Monday, and it is likely to receive a floor vote on Tuesday. The measure would cut spending in Fiscal Year 2012 by $111 billion, cap future spending at 18 percent of gross domestic product and approve a balanced budget amendment to the Constitution. It would also raise the debt limit.”

So radical!

Advertisements
%d bloggers like this: