Republicans Back Federal Budget Deal; Deficits To Rise
The bipartisan measure's expected passage Thursday would be seen as crack in the wall of partisan gridlock that has gripped
As the House prepared to vote, Obama and many Democrats who control the
The modest deal would continue federal deficit spending, upsetting small-government, low-tax tea party Republicans. Democrats, meanwhile, remained unhappy that the spending plan fails to extend jobless benefits for the long-term unemployed. The cutoff for those benefits would hit
Ryan said Thursday that the spending deal moved a divided government "in the right direction" and was possible because he and Murray decided not to move into areas that are held as core beliefs by Republicans and Democrats.
The plan does not specifically raise taxes, an anathema to Republicans, but does raise money through increased government fees. It does not touch entitlement programs dear to Democrats, including spending on
The deal does preserve much of the sharp, crude spending cuts the Republicans won in a 2011 showdown with Obama. And it greatly reduces the chances of a rerun of the politically debilitating partial government shutdown that the Republicans stumbled into in two months ago.
At the same time, the spending plan would prevent a second and third year of politically risky cuts to military readiness and weapons, as well as continued cuts to parts of the government cherished by Democrats and Republicans alike, including health research, school aid,
The cuts would be replaced with money from — among other things — higher airline security fees, curbs on the pension benefits of new federal workers or working-age military retirees, and premium increases on companies whose pension plans are insured by the federal government.
The pact would ease
In appearances on morning TV news shows, Ryan said the deal was necessary to help put the economy on a firmer footing at a time when the
Ryan called it a start toward fiscal responsibility, while acknowledging that "I don't see any difference in the likelihood of a grand bargain" for the long term on taxes and spending.
Two of Ryan's potential rivals if he seeks the Republican presidential nomination in 2016 — Senators
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