Obama Meets With Officials This Weekend To Continue Deficit Reduction Talks
The deficit reduction and debt ceiling talks are still at the forefront on Capitol Hill. Another high-level meeting scheduled with the President will take place this weekend, and according to Hawkings, many of the rank and file members on the Hill are agitated and wary.
"As each day goes by, you hear more and more grumbling on rank and file on both the left and right – that they're being dealt out of this, that their opinions aren't being heard," says Hawkings. "Members on the left are really agitated about this discussion of social security being on the table, in addition or Medicare and Medicaid, while members on the right are a little bit wary about what Speaker Boehner has been talking about, a massive overhaul of the tax code, as part of this most ambitious of deals to get to $4 trillion in deficit reductions."
According to Hawkings, this weekend is a make or break moment. This Sunday's meeting, the president says they're going to come with their bottom lines well understood.
"I think there is a chance that if they do reach a deal, and it's as big as the president and Speaker Boehner are talking about, which is this $4 trillion dollar number, to get to $4 trillion, you have to have a big change in the tax code, and you have to have changes in entitlements. You kind of just can’t do it any other way."
Congress working on cutting its own budget
Meanwhile, while leaders are trying to work out spending reductions for the country, Congress is working on cutting its own budget.
The republicans who are running the house, which is where this congressional appropriations bill begins it journey want to show that the thrift begins at home, so they’ve produced a budget bill that’s going to cut congressional overhead.
“This is frustrating to many members, who only six months ago, there was this bi-partisan consensus that member security had to be increased in light of the Gabby Giffords shooting.”