“$10 billion in real-time cuts is the largest reduction in discretionary spending in American history. And we’re just getting started.”
(Washington – March 15, 2011) Rep. Frank Guinta (NH-01) released the following statement on today’s passage of H.J.R. 48, FY 2011 Further Continuing Appropriations Amendments:
“This bill shaves an additional $6 billion off the record high deficit. It stays on pace for our goal of cutting $2 billion a week, each week, for the rest of this year. Best of all, the $6 billion cut in this bill, coupled with the $4 billion cut in the short-term continuing resolution we passed two weeks ago, represents a milestone. The $10 billion in real-time cuts is the largest reduction in discretionary spending in American history. And we’re just getting started.
“Today’s vote was just one battle in the long war to hack the $1.5 trillion deficit down to size. Many more battles lie ahead, and they will come soon. This vote isn’t the end of our fight; in fact, we’re just getting warmed up.
“It’s important to remember that we got in this situation due to decades of spending beyond our means. The damage can’t be corrected in one step. House Republicans got the process started by acting responsibly last month and passing a bill that would have funded the government through September while also cutting $61 billion in spending. But the Senate rejected it. We are in the current fiscal limbo because Senate liberals turned a deaf ear to the desires of the American people and fought to keep the red ink flowing. Despite their resistance, my Republican colleagues and I are staying true to our beliefs and are producing the very first real-time spending cuts in American history. My gloves remain on for Round 3 on April 8th.”