Tags: Healthcare Reform | US | Congress | Budget

House Adopts Compromise GOP Budget Targeting Obamacare

Thursday, 30 Apr 2015 06:28 PM

The House has adopted a compromise GOP budget that promises to speed repeal of the new health care law while channeling a 7 percent budget hike to the Pentagon.

The 226-197 vote sends the non-binding budget plan to the Senate for a vote next week. It promises to balance the budget in nine years with more than $5 trillion in spending cuts, though Republicans make clear they aren't interested in actually imposing controversial cuts to programs like Medicare, food stamps, Pell Grants or the traditional Medicaid program with follow-up legislation.

Instead, the House-Senate budget framework increases defense spending in the near term by padding war accounts by almost $40 billion next year. Senate Republicans blocked a House plan to dramatically rewrite Medicare for future retirees.

© Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

   
1Like our page
2Share
Newsfront
The House has adopted a compromise GOP budget that promises to speed repeal of the new health care law while channeling a 7 percent budget hike to the Pentagon.
US, Congress, Budget
125
2015-28-30
Thursday, 30 Apr 2015 06:28 PM
Newsmax Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved