House panels turn budget axe to automatic cuts

[steve2470]

http://www.chicagotribune.com/news/sns-rt-us-usa-budget-cutsbre83b1qi-20120412,0,2973265.story

WASHINGTON (Reuters) - Republicans in six House of Representatives committees next week will dust off their past proposals for reducing the deficit as they try to replace some of the automatic spending cuts set to take place in January.

Under a directive in the House-passed budget plan from Congressman Paul Ryan, the panels have just two weeks to come up with $18.45 billion in savings for fiscal 2013 and a net $261 billion over 10 years.

Expected targets for cuts include food stamps, farm subsidies and crop insurance, federal employee pensions and health care. A repeal of President Barack Obama's health reform law would prevent new coverage expenses from occurring from 2014.

The proposed cuts, like the Ryan budget that prescribes them, have little chance of passage in the Democratic-controlled Senate. But they will live on as campaign talking-points for both parties as November elections approach.

[newfie11]

1. To bad this will never be blasted on all news channels

"cuts include food stamps, farm subsidies and crop insurance, federal employee pensions and health care" pretty much pisses of most folks in my area. Red state of NE with many many farmers. Most vote repug.