Rep. Jeff FlakeJeffrey (Jeff) Lane FlakeLindsey Graham basks in the impeachment spotlight Kelly, McSally virtually tied in Arizona Senate race: poll The Hill's 12:30 Report — Presented by Nareit — White House cheers Republicans for storming impeachment hearing 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 RyanHouse Ethics Committee informs Duncan Hunter he can no longer vote after guilty plea Duncan Hunter pleads guilty after changing plea Trump campaign steps up attacks on Biden 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."