Entries in Fiscal Year 2011 (1)


New GOP Budget Proposal Cuts $12 Billion in One Week

Medioimages/Photodisc/Thinkstock(WASHINGTON) -- In an effort to buy congressional negotiators an additional week to strike a deal on a long-term resolution on spending levels for FY11 and avoid a government shutdown, the House Appropriations committee unveiled a one-week Continuing Resolution (CR) Monday night cutting $12 billion over the next week while also funding the Pentagon for the rest of the fiscal year.

Among of the cuts included, the proposal will slash $1.4 billion in Department of Homeland Security programs, $2.5 billion in Labor and Health and Human Services programs, and $430 million for accounts within the Commerce, Science and Justice sections.

Also under the CR, the Department of Defense will be given $515.8 billion in base funding for fiscal year 2011 -- a 2.9 percent decrease from President Obama's request and a $7.6 billion increase from the previous year.

When asked whether time was running out for Congressional negotiators to cut a deal to fund the government for the rest of the fiscal year or short-term, Rep. Hal Rogers, R-Kentucky, told reporters Monday evening “if you watch the efforts later tonight, you may be impressed,” hinting at the deal that emerged later Monday night.

As Rogers and House Speaker John Boehner prepare to sit down with their Senate Democratic counterparts and President Obama at the White House Tuesday morning, Rogers said they would discuss the CR to fund the government for the rest of FY11, and also the FY12 budget that House Budget Chairman Paul Ryan is set to unveil Tuesday morning.

“We have a meeting tomorrow morning with the president and we will discuss all of the matters that are before us,” Rogers said Monday.  “We’re serious about trying to prevent a government shutdown.  We’re also serious about cutting spending, and those are the two driving parameters of what we want to talk about.”

But the Senate has still not agreed to any deal -- short-term or long-term -- and they also have not agreed to cutting $12 billion in one week.

The two previous short-term spending bills have cut spending by $2 billion per week.  The latest Republican move is designed to put pressure on Democrats to go along with significantly deeper cuts, or face a government shutdown.

Copyright 2011 ABC News Radio

ABC News Radio