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House passes FY 2015 Ryan budget; Stands no chance in Senate

(Source: Politico, April 10, 2014)

WASHINGTON, D.C. -- The House approved a fiscal 2015 budget on Thursday that would cut federal spending by $5 trillion and significantly revamp social welfare programs.

The measure, which cleared the House 219-205, is essentially a political document that has no chance of being passed in the Democratic-controlled Senate. House Budget Committee Chairman Paul Ryan (R-Wis.) is expected to relinquish his gavel at the end of this Congress and his final budget is seen as more of an outline of Republican priorities, including the repeal of Obamacare.

Full story: Politico

Friday, April 11, 2014

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