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House GOP passes Paul Ryan’s budget that would gut domestic programs, increase military spending

WASHINGTON (Reuters) – U.S. House Republicans narrowly passed a new balanced budget plan from Representative Paul Ryan on Thursday in a vote that will help shape the debate ahead of November’s congressional elections. The plan authored by Ryan, the influential House Budget Committee chairman, would eliminate deficits within 10 years,…

Paul Ryan will release new budget plan on Tuesday

WASHINGTON (Reuters) – U.S. Representative Paul Ryan on Tuesday plans to unveil a 10-year balanced budget plan that seeks to bolster Republicans’ campaign credentials as the party of fiscal prudence but also leaves them open to fresh attacks over deep cuts to social programs. The House Budget Committee, which Ryan…

GOP fault lines deepen as Boehner says tea party seeks ‘chaos’ in debt deal

The longer the nation’s debt crisis goes unsolved, it seems, the deeper and uglier the fault lines within the Republican Party grow. Paul Teller, the executive director of the Republican Study Committee, a large policy group made up of House Republicans, came under fire from a group of Republicans who…

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