'Fiscal Cliff' Deal May Be in Trouble, House Majority Leader Voi - KCOY Santa Maria, Santa Barbara, San Luis Obispo - News

'Fiscal Cliff' Deal May Be in Trouble, House Majority Leader Voices Concerns

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Courtesy: CBS Courtesy: CBS

WASHINGTON D.C. - House Majority Leader Eric Cantor, the number two Republican in the House, declared his opposition to the Senate-passed 'fiscal cliff' deal Tuesday, potentially putting the deal in peril.

"I do not support the bill," Cantor said walking out of a conference meeting in which House Republicans discussed the "fiscal cliff" deal passed in the Senate overnight.  

A number of other House Republicans today expressed serious concerns about the lack of spending cuts in the Senate bill. "Don't think this is a done deal," one GOP aide warned CBS News early Tuesday afternoon. 

Heading into today's meetings, some GOP members said they would vote against the deal because it does nothing to curb spending, a key priority for them, CBS News' Jill Jackson reports.

The nonpartisan Congressional Budget Office released a report today estimating that the Senate bill would add $329 billion to deficits in 2013 and $3.9 trillion to deficits over the next 10 years, relative to current law.

Brendan Buck, a spokesman for House Speaker John Boehner, said after today's first conference meeting that the lack of spending cuts in the Senate bill "was a universal concern amongst members in today's meeting."

To read more about this story, click here:
http://www.cbsnews.com/8301-250_162-57561512/eric-cantor-i-do-not-support-the-cliff-deal/

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