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House Passes Budget Bill, Cutting $6.2 Trillion Over A Decade
The U.S. House of Representatives just passed a budget plan for the next fiscal year that was crafted by Rep. Paul Ryan (R-WI). The AP reports the plan cuts $6.2 trillion from the budget over the next decade.
The plan has already been criticized by President Barack Obama and Congressional Democrats who say the plan privatizes medicare and slashes funding for domestic programs. As Korva reported earlier, Ryan defended the plan to AP saying "the biggest threat to Medicare is the status quo."
The Republican-controlled House passed the bill with a vote of 235 to 193.
Reuters reports the Senate is "expected to unveil a much different budget plan in coming weeks."
Update at 2:51 p.m. ET: Frank James will have more on the vote over at It's All Politics. But Ken Rudin alerts us to the four Republicans who voted against the GOP/Ryan plan: Ron Paul (TX), Walter Jones (NC), freshman David McKinley (WV) and Senate candidate Denny Rehberg (MT). Copyright 2011 National Public Radio. To see more, visit http://www.npr.org/.