New budget accord saves $23 billion — after $65 billion spending spree

Key lawmakers from both parties announced Tuesday a bipartisan budget proposal that would avoid another government shutdown and restore some defense spending that would have been lost to upcoming sequester cuts.

Rep. Paul Ryan, brushing aside objections from some fiscal conservatives that the proposal would undo spending caps that have helped slow the growth of the federal deficit, told reporters the compromise is a win for the GOP.

Mr. Ryan, at a joint news conference with Sen. Patty Murray, Washington Democrat, said the spending plan calls for reducing the deficit by $23 billion over 10 years without raising taxes.

The Wisconsin Republican, the House’s chief budget writer, said the deal would reverse about $65 billion in previously agreed-upon automatic spending cuts to the military and other government programs.

“I see this agreement as a step in the right direction,” he said. “In divided government, you don’t always get what you want. That said, we still can make progress toward our goals. I see this agreement as that kind of progress.”

6 Comments - what are your thoughts?

  • gavinwca says:

    These American traitors have to be thrown out of our Government. Men and Women who believe in this country and it Constitution have to replace them. RINOS and Democrats both have no soul and no respect for the American people.

  • Charles Kimberl says:

    So we’re screwed again for the sake of politics. I guess it really doesn’t matter what side of the aisle you support. You get the weenie either way.

  • Joe the nobody says:

    The deficit is increasing by trillions and they’re going to save 23 billion??? It’s time to go pat themselves on the back,shake and celebrate another screwing of the public.Chunk change!

  • Lloydl333 says:

    More of he same….. Stop the madness. I am disappointed in Ryan but this is what happens when you talk to Democrats.

  • harrydweeks says:

    Sounds very superficial to me. Last year alone, Social Security and Medicaid had an estimated 90 Billion dollars in waste, fraud and abuse. So what happened to that money ? We have idiots running this country. We need business people in DC, no more life long politicians .

  • James Maxwell says:

    23 Billions over 10 years, sounds like some other Pie-in-the-sky plans
    I have heard from other sources recently. I agree we need to restore
    the military funding. But the so called savings are nothing in the grand
    sham of Congressional spending. Especially if they try to pass any
    so called Anmesty programs and when O’socialist care fully kicks in.
    Then you will see skyrocketing cost across the board.

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