Republican Budget Cuts: Savvy Savings or Political Compromise?

Republicans unveiled their 2011 budget spending cuts Thursday, which they say will save $74 billion when compared with the budget President Obama plans to roll out Feb. 14, but passage could face a number of hurdles. The cuts mainly target federal agencies' budgets. House Republicans, led by Rep. Paul Ryan, R-Wis., suggested cutting agency budgets by nearly 20 percent, a move that the White House warned could result in the loss of a number of key federal jobs. The Food and Drug...Full Story
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