Barney Frank: Serving on Appropriations Committee in Republican House Will Be A 'Pain In The A--'

By Nicholas Ballasy | November 23, 2010 | 1:18 PM EST

Rep. Barney Frank (D-Mass.)

( - House Financial Services Chairman Barney Frank (D-Mass.) predicts that serving on the Appropriations Committee in the incoming Republican-majority House of Representatives will be a “great pain in the ass."

“Fascinating fact, apparently for the first time in anybody’s memory, members of Congress have declined seats on the Appropriations Committee," Frank said. "Republican members have said, ‘I don’t want to be on the Appropriations Committee.’ The Appropriations Committee, which has been a great plum, is now going to be a great pain in the ass because you’re going to be expected to come up with cuts in things that are very popular, et cetera.”

Frank was speaking at the libertarian CATO Institute on November 19th as a member of a panel discussing the defense budget.

“So I think, nobody knows how this works, but I think first of all there’s going to be frustration and anger and bitterness and Democrats sitting back and saying, ‘Ha ha! We told you so,' and Republicans trying to reduce the deficit," said Frank. "But, understand, I don’t know how it eventuates, but it’s going to take some pain and some blood and I think maybe by the end of this year people are going to say, 'Well, wait a minute. We’ve got to go back and look at this.’”