Republicans in U.S. House of Representatives passed the first joint House-Senate budget plan in six years on Thursday, a measure that aids the party’s goal of dismantling President Barack Obama’s signature healthcare reform law this year.
The Republican-authored plan would eliminate deficits by 2024 through deep cuts to social programs while increasing military spending by nearly $40 billion next year. It passed 226-197 largely on party lines.
The Republican-controlled Senate is expected to pass the budget plan next week. Because it is a non-binding resolution, Obama does not sign it into law.
(Reporting By David Lawder; Editing by Sandra Maler)