Friday, February 11, 2011

House Republicans deepen spending cuts (Reuters)

WASHINGTON (Reuters) – Top Republicans in the House of Representatives on Thursday agreed to deepen spending cuts, resolving a split within their party that threatened their ability to deliver on a top campaign promise.

House Appropriations Committee Chairman Hal Rogers said in a statement that he would nearly double his planned spending cuts to $58 billion from current levels, as Tea Party-aligned conservatives have sought.

(Reporting by Andy Sullivan; editing by Vicki Allen)

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