Hoyer Working Behind The Scenes On Major Deficit Reduction Bill | TPMDC

Hoyer Working Behind The Scenes On Major Deficit Reduction Bill | TPMDC:

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BRIAN BEUTLER FEBRUARY 27, 2012, 12:53 PM 7837 145
House Minority Whip Steny Hoyer (D-MD) is looking to shake legislative politics out of unconsciousness as early as this spring, and force a vote on a bipartisan legislative proposal - which would include higher taxes and cuts to federal programs — to reduce deficits by trillions of dollars over the coming years.

The push is intended to disrupt the consensus among most political leaders that Congress will punt budget consolidation efforts until after November — when the election returns are in, and the January 1, 2013 expiry of the Bush tax cuts and deep across-the-board spending cuts make real action inevitable.

In a speech hosted Monday morning by Third Way, Hoyer revealed that he and other lawmakers are looking for the right moment to introduce a bill that would achieve the sorts of deficit reduction goals that have eluded Congress and the White House thus far.

“Members of both parties, and on both sides of the Capitol, are working to ensure that the next time we find ourselves at an impasse — which could be sooner, rather than later — we will be ready, with a legislative package in hand to address our debt and deficit in a comprehensive, long-term way,” Hoyer said.

Hoyer declined to discuss the specifics of this bill, but suggested it would deal with spending and tax policies of all kinds. He and his colleagues face one key problem: there’s a lot of white space on the legislative calendar this year, and that means they’ll have a hard time leveraging unwilling members into action


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specifics I would imagine cuts and that is unacceptal from a dem