Budget enforcement resolution could be ready Wednesday

A "budget enforcement resolution" that would set discretionary spending levels for next year could be ready on Wednesday. 

House Budget Committee Chairman John Spratt (D-S.C.) told the Hill on Tuesday night that the resolution could be ready to file Wednesday but it hadn't "passed final review."

Earlier Tuesday, House Majority Leader Steny Hoyer (D-Md.) said Democrats would forgo a traditional budget resolution for 2011. 

Those discretionary spending levels would cut spending unrelated to security, going beyond the freeze proposed by President Barack Obama, Hoyer said.

One option would cut non-security discretionary spending by 2 percent for each of the next three years and freeze that spending for the following two years. The fiscally conservative Blue Dog Democrats championing that cut said it would save more than $400 billion over the next decade, more than the $250 billion that would be saved by Obama’s three-year freeze.

— Walter Alarkon contributed to this post.