Republican leadership in the House announced Thursday they plan to cut domestic spending by roughly 20 percent to get the levels back to before President Barack Obama took office.
President Barack Obama’s tax-cut deal with the GOP leadership sailed through both houses of Congress, easily passing in the House of Representatives Thursday evening.
The battle over the Obama-GOP tax cut compromise passed its first hurdle in the Senate Monday evening after a test vote received a filibuster-proof majority.
When President Barack Obama unveiled his federal stimulus plan, many in both parties erupted over the $787 billion price tag. But now, Obama’s tax deal with Congressional Republicans will dwarf the stimulus in the cost to American taxpayers.