Rep. Jeff FlakeJeffrey (Jeff) Lane FlakeRepublican former Michigan governor says he's voting for Biden Maybe they just don't like cowboys: The president is successful, some just don't like his style Bush endorsing Biden? Don't hold your breath 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 RyanAt indoor rally, Pence says election runs through Wisconsin Juan Williams: Breaking down the debates Peterson faces fight of his career in deep-red Minnesota district 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."