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Thursday, March 26, 2015

Republican-Controlled House OKs Balanced Budget Plan

The Republican-controlled House has approved a budget blueprint that projects balance by the end of the decade and includes trillions of dollars in savings from benefit programs.

The vote in favor of the plan was 228-199.

The blueprint itself is non-binding, but sets Republicans on a path to pass legislation that repeals the health care law, remakes Medicare and overhauls the tax code, in addition to other steps to implement their plan.

The GOP-controlled Senate is at work on a slightly different budget plan, with a vote expected by week's end.

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