A measure, House Resolution 38, was recently cleared and will be brought to a vote on the House floor next week. If passed, spending could be reduced to FY 2008 levels, but the move would have to be passed by the Senate.
“This resolution is a statement that we will move immediately to reduce spending to pre-stimulus, pre-bailout levels, and that deep cuts to a host of government programs will be made,” said House Appropriations Committee Chairman Harold Rogers (R-Ky.). “As I have said before, it is my intention to craft the largest series of spending cuts in the history of Congress.”
Meanwhile, Transportation Secretary Ray LaHood said he believes a new long-term highway bill will be passed before the August recess. However, the Obama administration still does not support an increase in the federal gas tax to support such a measure.
