News
Fox News | Deal needed to avoid spending train wreck
At issue are cuts to so-called discretionary programs, the cost of running various government agencies that use only 12 percent of the federal budget.
CNN Money | Budget cuts: $10 billion down, $23 billion to go
Negotiators will be looking for $23 billion in savings, since Congress already agreed to cuts totaling $10 billion in two previous short-term spending bills.
NY Times on MSNBC | Budget battle to be followed by an even bigger fight
You are going to see major reforms in Medicare and Medicaid; you are going to see a change in the deficit trajectory that is pretty dramatic'
National Journal | Chaffetz Says He Would 'Absolutely Not' Back $33 Billion in Cuts
Thirty three billion, to a guy like me, it just doesn't sound like it's enough.'
Blogs
Fox News | The Spending Fight: Four Theatres of Conflict
...here's a look at the four, major theatres where Republicans and Democrats are locked in a pitched battle that threatens to shutter the government and could force the U.S. to default on its financial obligations.
Cato@Liberty | Largest Spending Cut Ever?
The $33 billion in Democratic-proposed cuts are less than 1 percent of this year's total spending, so we are considering very small cuts here.
NRO: The Corner | Ryan: GOP Budget Will Surpass Debt Panel Goals
In addition to spending cuts, Ryan said he plans to offer spending caps (as a percentage of GDP) in order to return federal spending to historic (pre-Obama, pre-stimulus) levels.
Reports
RSC | H.R. 1—FY 2011 Full-Year Continuing Appropriations Act
Overall, this is a $99.6 billion reduction compared to the President‘s budget: $81 billion of this reduction is non-security spending, $18.6 billion is security spending.
