The Obama administration on Wednesday stated for the first time that the president will not sign any 2013 spending bills until the House abandons the spending levels in Rep. Paul Ryan’s budget.
That budget cuts spending next year by $19 billion compared to the August debt-ceiling deal. Factoring in an increase in defense spending, the Ryan budget cuts domestic programs by $28 billion.
The deal struck last August sets the budget at $1.047 trillion. Ryan’s (R-Wis.) budget makes deeper cuts and comes in at $1.028 trillion.