News Alert: Obama vows to veto efforts to gut automatic spending cuts

Monday, November 21, 2011

     
 
The Washington Post Monday, November 21, 2011 6:10:03 PM
NEWS ALERT

Obama vows to veto efforts to gut automatic spending cuts


President Obama said Monday that he would veto any attempt by Congress to eliminate the automatic spending cuts triggered by the failure of the deficit supercommittee.

The law creating the supercommittee said that if it failed to reduce the deficit by $1.2 trillion, across-the-board cuts to defense and domestic spending totaling that amount would occur in 2013. Some members of Congress have already said they would look for ways to soften the impact of the automatic cuts.



Read more at:
http://www.washingtonpost.com/business/economy/debt-committee-failure-will-become-official-with-written-joint-statement/2011/11/21/gIQAfRmCiN_story.html



Or visit washingtonpost.com.

Advertisement
National News Alerts 300x250
Advertisement

SEND TO A FRIEND UNSUBSCRIBE E-MAIL CENTER GET HELP
Washington Post Digital
E-mail Customer Care
1150 15th Street NW
Washington, D.C. 20071
©2011 The Washington Post

Privacy Policy

0 komentar: