Rep. Jeff FlakeJeffrey (Jeff) Lane FlakeFlake meets with Erdoğan in first official duties as US ambassador Poll: Sinema approval higher among Arizona Republicans than Democrats Cruz to get Nord Stream 2 vote as part of deal on Biden nominees MORE (R-Ariz.), who is running for Senate in 2012, said he was "disappointed" with the spending deal announced late Friday night.

The White House reached a deal with congressional Republicans and Democrats to cut $39 billion from current spending levels. Leaders plan to pass a short-term funding resolution to give them time to convert the agreement into legislative language, but the main outlines of the compromise have been set.  

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"A lot of us are quite disappointed with the level" of spending cuts, Flake said. "It's not very big."

He called Rep. Paul RyanPaul Davis RyanHow Kevin McCarthy sold his soul to Donald Trump On The Trail: Retirements offer window into House Democratic mood Stopping the next insurrection MORE's (R-Wis.) 2012 budget resolution, which would cut $5.8 trillion over 10 years and curtail entitlement spending, the "big leagues."

"This is small ball," he said. "But you've got to take some cuts where you can get them. These discretionary cuts are important because it takes from the baseline and it compounds year to year."