WASHINGTON (CNN) – In yet another sign that President Obama may face a fight with his own party over his massive $3.6 trillion budget, a leading Democrat in the House said Sunday that the burden is on the president to prove the need for money to bailout the nation’s troubled banks.
House Budget Committee Chairman John Spratt of South Carolina was asked Sunday about his decision to remove Obama’s request for another $250 billion in bank bailout money from the House version of the budget blueprint. Spratt told CNN’s John King that the president would have to show why that additional money was necessary.
“We're essentially saying, ‘come make your case,’ Spratt said Sunday on CNN’s State of the Union. “The burden of persuasion is upon the president. Nobody likes funding these things. We’d like to see more definition than we got in the last packages. So this is our way of exercising a little leverage over it. If it's needed, we will be there to support it. But let's not create a presumption it is needed and see if we can't make the most of what's in circulation already.”