Political Headlines January 1, 2013: Eric Cantor, House GOP Wary of Senate Deal That Could Add Trillions to Deficit

POLITICAL HEADLINES

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OBAMA PRESIDENCY & THE 112TH CONGRESS:

THE HEADLINES….

House GOP Wary of Senate Deal That Could Add Trillions to Deficit

Source: ABC News Radio, 1-1-13 

Top House Republicans Tuesday opposed a bipartisan compromise that passed the Senate in the wee hours of New Year’s Day to avert the “fiscal cliff,” as new studies conclude that the compromise on taxes and spending would add trillions to the U.S. deficit.

If House Republicans tweak the legislation, as they seem likely to do, there’s no clear path for its return to the Senate before a new Congress is sworn in Thursday.

GOP leaders emerged from a morning conference meeting disenchanted by the legislative package devised by Senate Minority Leader Mitch McConnell and Vice President Biden early Tuesday morning, with several insisting they cannot vote on it as it now stands….READ MORE

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