Elections put new focus on government spending

Deficit reduction will be the top priority post-election.

Government spending will take top priority post-election, especially with Republicans expected to gain seats and coming in with promises to rein in the deficit, The Washington Post reports.

According to the Post, John A. Boehner (R-Ohio) has pledged to roll back agency spending to 2008 levels and stage weekly votes to get rid of “unpopular federal programs.”

The House GOP Pledge to America agenda calls for a balanced budget, but congressional budget analysts say moves such as a return to 2008 levels will only “barely dent the trillion-dollar deficits” projected for the decade, according to the article.

President Obama has vowed to focus on deficit reduction for the remainder of his term, proposing a three-year freeze for most agencies and considering an additional 5 percent cut in the request that will go to Congress in February.

The president has appointed a bipartisan commission to develop a plan for cutting the deficit. The six Republicans, six Democrats and six presidential appointees of the commission will issue their report by Dec. 1.

This story is part of our daily DorobekINSIDER Must Reads. Be sure to check out the full list of stories.

Copyright © 2024 Federal News Network. All rights reserved. This website is not intended for users located within the European Economic Area.

    Alyson Fligg/Labor DepartmentClare Martorana

    Why OMB’s human-centered policy design effort is paying off

    Read more
    Congress Budget

    Congress unveils funding deal with more than $100 billion in disaster aid

    Read more