Obama Won’t Sign Off On GOP Budget, White House Says
February 18, 2011 by Special To Personal Liberty
The White House has issued a warning to GOP lawmakers who are proposing significant cuts to the current budget: The Federal government will shut down if Republicans can't compromise on spending measures.
The Office of Management and Budget released a statement on Feb. 16 saying that President Barack Obama would veto any spending measure that resembles the GOP's current proposal, which is $61 billion less than 2010 levels and $100 billion less than Obama's request. The government is currently operating on last year's budget because Congress failed to pass a spending bill for fiscal year 2011.
However, the stop-gap measure is set to expire on March 4. If the President does not sign a new budget into law by that date, the Federal government will shut down.
The Republican-led House of Representatives began debating the spending bill earlier this week, and the discussion featured a new twist, according to The Wall Street Journal. Due to recent rule changes in the legislative process, the bill will be read aloud paragraph by paragraph on the chamber floor and members can rise and propose an amendment, as long as it relates to the passage being read.
After the amendment is introduced, any House member can speak for five minutes to weigh in on the proposal.
"This is an open process," said House Majority Leader Eric Cantor (R.-Va.), quoted by the media outlet. "Every member will have an opportunity to submit his or her vision of how we can reduce the deficit."