GOP Leaders OK $41.6B in Deficit Cuts
Republican congressional leaders agreed to trim deficits by $41.6 billion and sought to unlock the Arctic National Wildlife Refuge for oil drilling Sunday in a frenzied year-end bid to enact the core of a conservative agenda.
“We’re going to move the nation’s business” through Congress, vowed Senate Majority Leader Bill Frist. But Senate Democratic Leader Harry Reid accused the GOP of breaking Senate rules to suit their purposes, and threatened to slow action to a crawl. “The arrogance of power of the Republicans … is beyond my ability to comprehend,” he said.
Medicare, the student loan program and Medicaid, which provides health care for the poor, would all be tapped for savings under the emerging five-year deficit-cutting plan.
House Republican leaders said they would call for a vote within hours, and a post-midnight session seemed likely. Passage would clear the way for a Senate vote as early as Monday.
Source: CBS
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