Politics

 

The Conservative Budget Backlash

The Conservative Budget Backlash

The ink wasn’t dry on the on the bipartisan budget deal reached Tuesday between Rep. Paul Ryan (R-WI) and Sen. Patty Murray (D-WA) before the conservative backlash began.

The two-year deal would eliminate $65 billion in cuts from sequestration while saving $25 billion by cutting Medicare spending in 2022 and 2023. The deal would raise revenue by instituting additional fees on airline tickets and slowing the rate of growth via cost-of-living increases for military pensions. However, many conservatives were outraged that the deal would increase the federal budget to more than $1 trillion, well above $967 billion at which the budget is currently capped under sequestration. 

Conservative darling Sen. Marco Rubio (R-FL) was quick to announce his opposition to the deal, saying, “This budget continues Washington’s irresponsible budgeting decisions by spending more money than the government takes in and placing additional financial burdens on everyday Americans.” Rubio was echoed by Sen. Rand Paul (R-KY), who tweeted: “There is a recurring theme in Washington budget negotiations. It’s I’ll gladly pay you Tuesday for a hamburger today.”

Read The Full Article On The Daily Beast

More articles from The Daily Beast:

© 2013 Newsweek/Daily Beast Company LLC

 

More Articles

 

590 KQNT is an iHeartRadio Station

© 2014 iHeartMedia, Inc.

*