That seems to be the latest conservative idea floating around (Bobo, etc.).
Nothing that's going on has anything to do with actual policy. Republicans aren't even proposing any cuts they're demanding Obama makes. This is about who is up, who is down, who gets to be the Alpha Male in this tribe. Republicans and their team are enraged that the Alpha is the Kenyan Muslim Socialist B. Barry Bamz. To stop their fee fees from hurting, Bamz has to let them be the Alphas for awhile.
Not that it will achieve anything. It will just make their fee fees better.