The House of Representatives takes up the "Cut, Cap and Balance" bill Tuesday. The Tea Party Caucus strongly favors the effort to cap federal spending at 18 percent of the GDP — a rate not seen since 1966 — and the plan to pass a balanced-budget amendment. But the bill stands almost no chance in the Senate and faces a veto threat from the White House.
House Takes Up 'Cut, Cap and Balance' Bill
News & Features Andrea Seabrook · NPR ·