House Passes Sweeping Budget Cut Bill

WASHINGTON – House Republicans sweated out a victory on a major budget cut bill in the wee hours Friday, salvaging a major pillar of their agenda despite divisions within the party and nervousness among moderates that the vote could cost them in next year’s elections.

The bill, passed 217-215 after a 25-minute-long roll call, makes modest but politically painful cuts across an array of programs for the poor, students and farmers.

The victory on the deficit-control bill came hours after an embarrassing and rare defeat on a $602 billion spending bill for education, health care and job training programs this year. The earlier 224-209 vote halted what had been a steady drive to complete annual appropriations bills freezing many agency budgets.

The broader budget bill would slice almost $50 billion from the deficit by the end of the decade by curbing rapidly growing benefit programs such as Medicaid, food stamps and student loan subsidies. Republicans said reining in such programs whose costs spiral upward each year automatically s the first step to restoring fiscal discipline.
news.yahoo.com

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