Budget Sense: It's Crunch Time for Congress

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March 19, 2013 News and Analysis on Your Money in Washington

It's Crunch Time on New Budget With the government’s spending and debt crisis drawing nearer, the budget for fiscal year 2014 marks a critical moment for the country. The budget must play a key part in restoring the principles that made America an exceptional nation. To do so it should accomplish six goals.
First Look at Paul Ryan's New Budget Plan The latest Ryan budget delivers on its new promise—to balance the budget within the decade. It maintains Ryan’s signature reform to Medicare, which will go far toward reining in unaffordable entitlement spending. Read and Comment On Our Blog >>
What a Balanced Budget Looks Like Last week, the budget committees of both chambers of Congress released their budgets. Under the helm of Chairman Paul Ryan, the House delivered a balanced budget in 10 years by slowing the annual growth in federal spending. Meanwhile, the Senate budget hikes taxes, keep spending high, and continues never-ending deficits.    Compare the House and Senate Budgets in detail >>	The No-Surprise Senate Budget: Higher Spending and Taxes, No Real Balance Heritage experts analyze the latest Senate plan. Read and Comment Now Sen. Toomey on Rand Paul, Govt. Spending "Spending is out of control - yet still they want more!" Watch and Share Now Obama Budget to Be Submitted Even Later Latest budget from a U.S.  President in 92 years See the Facts

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