A winning, 3-part spending cut strategy for Republicans
foxbusiness.comPanelists Art Laffer and Scott Redler provide insight on economic growth on 'The Claman Countdown.'
Can Republicans finally find a strategy to cut spending and kickstart the economy?
That’s the question now that the House has funded the government through early next year, setting up another shutdown showdown in January and February. Instead of trying to come up with a brand-new plan in a fractious conference, Republicans should rally around pro-growth policies that already unite them.
It’s time to bring back the best parts of the Limit, Save, Grow Act.
Can Republicans finally find a strategy to cut spending and kickstart the economy? (Fox News Photo Illustration / Fox News)
House Republicans passed this bill in April, putting them in a strong position to negotiate with Senate Democrats and President Biden over raising the debt ceiling. It helped Republicans get some tangible victories in the debt ceiling deal that passed in June, with modest limits on federal spending and modest work requirements for food stamp recipients.
THE FUSE ON AMERICA'S DEBT BOMB JUST GOT SHORTER
More – and better – victories are possible. With the election of Mike Johnson as speaker of the House, Republicans have adopted a more conservative stance. To get Republican votes on a spending deal, Senate Democrats and President Biden will have to give more concessions than they have to date, but only if Republicans demand the real solutions they included in the Limit, Save, Grow Act.
If those solutions aren’t the heart of the debate, then Republicans have zero chance of getting them passed.
Rep. Tim Burchett, R-Tenn., discusses the consequences of Kevin McCarthy's removal as House Speaker ahead of the next budget deal on 'Cavuto: Coast to Coast.'
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