Budget

House passes Ryan’s meaningless GOP budget plan

House passes Ryan’s meaningless GOP budget plan

House Republicans rallied behind a slashing budget blueprint on Wednesday, passing a non-binding but politically imposing measure that promises a balanced federal ledger in 10 years with sweeping budget cuts and termination of health care coverage under the Affordable Care Act. The 219-205 vote on the budget outline takes a mostly symbolic swipe at the […]

House sets non-binding vote on Ryan budget

House sets non-binding vote on Ryan budget

House Republicans are marching ahead with an election-year budget promising to balance the government’s books with wide-ranging cuts in programs like food stamps and government-paid health care for the poor and working class despite the knowledge that they could be checkmated by Senate Democrats and President Barack Obama’s veto pen. The plan being considered Thursday […]

Paul Ryan claims new GOP budget is balanced

Paul Ryan claims new GOP budget is balanced

House Budget Committee Chairman Paul Ryan unveiled an updated Republican budget plan Tuesday that would slash $5.1 trillion in federal spending over coming decade and promises to balance the government’s books with wide-ranging cuts in programs like food stamps and government-paid health care for the poor and working class. Ryan’s plan would also cut Pell […]

As expected, GOP slams Obama’s $3.9 trillion budget

As expected, GOP slams Obama’s $3.9 trillion budget

Republicans are dismissing President Barack Obama’s new $3.9 trillion budget as nothing more than a Democratic manifesto for this fall’s congressional campaigns, but the fiscal plan is taking hits from another quarter too — anti-deficit groups. Obama on Tuesday sent lawmakers a 2015 budget top-heavy with provisions that have little chance of becoming law. They […]

Obama’s $4 trillion budget: Can it accomplish anything?

Obama’s $4 trillion budget: Can it accomplish anything?

President Barack Obama is unwrapping a nearly $4 trillion budget that gives Democrats an election-year playbook for fortifying the economy and bolstering Americans’ incomes. It also underscores how pressure has faded to launch bold, new attacks on federal deficits. Obama’s 2015 fiscal blueprint, which he is sending Congress Tuesday, was expected to include proposals to […]