December 06, 2012
Kansas congressman Mike Pompeo is preparing to discuss the economic consequences of failing to reach a deal on the federal budget and taxes to avoid the fiscal cliff.
The conservative Wichita Republican is planning a Thursday telephone conference call with reporters about negotiations between Congress and President Barack Obama.
Taxes will automatically rise and spending cuts will be imposed without a deal by the end of the year. Many officials and economists worry the economy will suffer.
Pompeo's comments also will come after U.S. House Speaker John Boehner removed fellow Kansan and conservative GOP congressman Tim Huelskamp of Fowler from the House Budget and Agriculture committees.
Boehner's spokesman has cited "a range of factors," but Huelskamp believes he's being punished for bucking GOP leaders.