Top Democrats to Warn of Tough Fiscal Times
House Majority Leader Steny Hoyer (D-Md.) and Budget Chairman John Spratt (D-S.C.) are among those participating in a special order hour Monday evening to lay the groundwork for what many are expecting to be a rough budget process this year. In anticipation of President Barack Obama sending his budget outline to Congress later this month, Spratt and other Budget Committee Democrats will take to the House floor at 5 p.m. to talk about how the budget process will likely unfold during the economic downturn. Obamas budget is going to look bad because our deficits and debt are so deep, one Democratic leadership aide said. Its going to make cuts that people arent going to be happy with. … This is the reality. This is what we inherited from Republicans. The aide said to expect more attention to the issue from Democratic leadership offices and outside groups in the next two weeks.