Republicans Push Obama, Dems on Spending Cuts

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Republicans became the majority party in the U.S. House of Representatives Wednesday, and they said they're ready to do what voters screamed for on Election Day -- to stop the spending.

Their efforts may lead to some brutal battles between themselves, President Barack Obama, and the Democrats on Capitol Hill.

Politicians always make promises to cut spending, but the new Republican majority, backed by Tea Party power, may have the fervor and numbers to really do it.

"It's the largest freshman class of Republicans in our nation's history," Rep. Jeff Denham, R-Calif., said.

Dr. Charles Dunn, distinguished professor at Regent University, talked more about the new Congress' strategy going forward on CBN News Channel Morning News, Jan. 5. Click here for his comments.

"We are here to represent and reflect the values of the country," Rep. Frank Guinta, R-N.H., said. "And the country has said very directly, 'Stop the spending.'"

"We will measure every policy from both parties as it comes forth as to whether it creates jobs," outgoing House Speaker Nancy Pelosi, D-Calif., said. "Whether it strengthens the middle class and whether it reduces the deficit instead of heaping mountains of debt onto our children and our grandchildren."

One of the very first things House Republicans will do is cut their own working budgets by five percent. They have pledged to vote every week on different spending cuts.

Next week, they will vote on repealing the healthcare law called by many as 'Obamacare.' Democrats claim the massive healthcare overhaul will actually save money, but Republicans disagree.

"We believe it'll bankrupt our nation," incoming House Speaker John Boehner, R-Ohio, said. "We believe it needs to be repealed and replaced with common-sense reforms to bring down the cost of health insurance."

Democrats, including President Obama, will fight that move all the way, and have accused many in the GOP of reckless behavior, especially when many Republicans refused in March to increase the debt ceiling, which guaranteed the government would cover the nation's debt.

"I could not be more serious when I say I'm not going to vote to increase the national debt limit," said Sen. Mike Lee, R-Utah.

White House economists call that sheer madness.

"That would be the first default in history caused purely by insanity," said Austan Goolsbee, Chairman of the Council of Economic Advisors.

However, Obama during his tenure as U.S. senator from Illinois voted against increasing the debt ceiling in 2006.

"The fact that we are here today to debate raising America's debt limit is a sign of leadership failure," Obama said in 2006.

"It is a sign that the U.S. government can't pay its own bills," he continued. "It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our government's reckless fiscal policies."

In the end, enough Republicans will likely go along with increasing the debt ceiling, but only after they get guarantees that future spending will be seriously cut and curbed.

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Paul  Strand

Paul Strand

CBN News Washington Sr. Correspondent

As senior correspondent in CBN's Washington, D.C., bureau, Paul Strand has covered a variety of political and social issues, with an emphasis on defense, justice, and Congress.  Follow Paul on Twitter @PaulStrandCBN and "like" him at Facebook.com/PaulStrandCBN.