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Spending Twist | Moderates in House Express Concern

While the Senate was completing their spending resolution, a bipartisan group of senators released a letter yesterday saying they would accept a tax cut no smaller and no larger than $350 billion over 10 years.

The letter signed by Sens. George Voinovich (R-Ohio), Olympia Snowe (R-Maine), Max Baucus (D-Montana) and John Breaux (D-Louisiana). At least three other Republicans have voiced concern about a tax cut the size Bush wants or even one worth $350 billion. Those Senators include Sens. John McCain (Arizona), Lincoln Chafee (Rhode Island) and Susan Collins (Maine).

Today 11 moderate U.S. House members also got into the mix by issuing their own letter objecting to spending cuts and large tax cuts. They are looking for a plan that limits spending and tax reductions to those which are most needed.

The move in the House will make it more difficult to move the President's plan.