U.S. House passes Republican budget for fiscal 2012
WASHINGTON (Reuters) - The U.S. House of Representatives on Friday passed a budget plan for the next fiscal year that would cut federal spending by around $6 trillion (3.67 trillion pounds) over a decade and includes controversial long-term cuts to healthcare programs for the elderly and poor.
By a vote of 235-193, the Republican-controlled House passed the budget for fiscal 2012, which starts on October 1. It has been attacked by President Barack Obama and Democrats in Congress for cutting social programs while also reducing the tax burden for high-income earners.
The Senate is expected to unveil a much different budget plan in coming weeks.
- Tweet this
- Share this
- Digg this
- Former PM Brown sets aside feud to fight Scottish independence
- Business leaders urge Scots to vote against independence
- British Muslims blame jihadi subculture after beheading video
- Breakthrough hopes dented as Ukraine accuses Russia of new incursion
- Islamic State executes soldiers, takes hostages at Syria base - social media