Reluctantly, some in the GOP admit the plan is far from perfect.
Republican U.S. Rep. Paul Ryan will have a lot of work to do in Iowa, should he seek the 2016 presidential nomination, based on the range of sour reactions to his just-passed House budget proposal. The Wisconsin representative and former vice presidential nominee will make a pitch for the plan Friday at an annual spring […]
They view it as a potent weapon in the November congressional elections
Democrats in the U.S. Congress can hardly contain their glee over the latest Republican budget plan, even though they loathe the details of the blueprint that would cut programs for the poor and funding of medical research. Democrats view the document as a potent weapon in the November congressional elections and are betting that its […]
The 219-205 vote is a mostly symbolic swipe at the government's chronic deficits
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 […]
Cuts to popular benefit programs like food stamps, Medicare and Medicaid
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 […]
Obama says his own plan grows the economy from the middle out instead of the top down.
President Barack Obama says the Republican budget proposal would shrink opportunity and make it tougher for hard-working Americans to get ahead. In his weekly radio and Internet address, Obama says House Budget Chairman Paul Ryan’s budget gives massive tax cuts to the rich while cutting programs like education and research that spur job growth. The […]
The plan is a dead letter with the Democratic-controlled Senate and Obama
A budget plan stuffed with familiar proposals to cut across a wide swath of the federal budget breezed through the House Budget Committee on Wednesday, but its sharp cuts to health care coverage for the middle class and the poor, food stamps and popular domestic programs are a nonstarter with President Barack Obama. The GOP-controlled […]
The plan should skate through the Budget Committee
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 […]
The budget trumpeted $2.2 trillion in 10-year deficit reduction
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 […]
A revamping of corporate income taxes and higher tobacco levies would help pay for some of the initiatives.
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 […]
Obama has made reducing the gap between the rich and the poor his priority
President Barack Obama will unveil a budget this week that seeks to boost spending on new initiatives such as road repairs, education programs and tax breaks for the working poor while avoiding an increase in U.S. deficits. Obama has made reducing the gap between the rich and the poor a centerpiece of his agenda for […]