SEQUESTER HANGOVER

GOP Nervous About Cuts

And new framework that will further slash spending.

We’ve all heard about the horrible things in store for the country after Congress and the White House failed to reach a deal to stop the sequester: dramatic spending cuts that will lead to job losses and derail America’s economic recovery. Now House Republicans are getting worried that their party, which has even more spending cuts in the works, will get blamed for the pain. “I know a number of people who have real concerns about where this is going,” said Rep. Peter King. To bring its extremist members on board a deal to raise the debt ceiling, the GOP had to promise another round of spending cuts without any increased revenue, which Rep. Paul Ryan will present next week. Democrats said they were salivating over the framework and plan to bring out the “bad politics” of the move.