Your Take: Cuts too deep?
House Republicans have put forward a plan to shaveover $30 billion from government spending for the remainder of the current fiscal year. According to the Wall Street Journal, the steepest cuts would be made in transportation and housing programs. The White House and Democrats in Congress havewarned against making steep cuts too quickly, arguing that such action could harm an alreadyfragile economy. PresidentObama proposed in his State of the Union address a 5 year freeze at 2010 levels -as opposed to the spending cutsHouse Republicans have now laid on the table. Tell us what you think.