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Lawmakers want to curb growing federal deficit

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New Richmond, 54017
New Richmond News
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New Richmond Wisconsin 127 South Knowles Avenue 54017

All but two of Wisconsin's eight U.S. House members supported an effort to put the brakes on a growing federal deficit.

The House voted Wednesday to bring back a modified "pay as you go" law.

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It would require new programs and tax cuts to be paid for with the same amounts of spending cuts or tax increases elsewhere.

Republicans were upset that the rule would not apply to massive appropriation bills which are part of the federal budget.

Tom Petri of Fond du Lac was the only Republican to vote in favor of the measure and he joined the state's five Democrats in voting yes.

The bill passed on a mainly party-line vote of 265-166. It's aimed at slowing the growth of a federal deficit that's now $1.8 trillion this year.

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