Sunday, March 24, 2013

U.S. House of Representatives approved a Republican Balanced Budget Act

The U.S. House of Representatives on Thursday (March 21), was approved with 221 votes in favor, 207 votes against the bill proposed by Republican Congressman Paul Ryan to achieve a balanced federal budget in the next decade.

Initiated by Ryan bill requires $ 4.6 trillion spending cuts over the next decade, and the complete overthrow of President Barack Obama led the Health Insurance Reform Act of 2010, the creation of an optional premium support system for supplementary medical insurance project, allowing originally elderly people benefit from health insurance insurance on their own.

This group is very different from the bill and the Senate proposed a competing bill, and therefore nearly impossible to get approved by the Senate and into law.

No comments:

Post a Comment