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Joined Nov 11, 2007
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W.H. States They Will Veto GOP Fiscal Plan

“WASHINGTON (AP) — The White House is threatening a presidential veto of a Senate Republican measure that would give President Barack Obama more authority and flexibility to find $85 billion in spending cuts this year. The measure is intended to replace the automatic across-the-board cuts scheduled to kick in Friday.

The White House says it instead backs a Democratic measure to replace the cuts with tax hikes on millionaires and spending reductions over 10 years.

Neither bill is likely to survive Senate procedural obstacles Thursday….”

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