The new House Budget Committee chairman, Rep. Tom Price, R-Ga., expects his chamber to approve a budget similar to blueprints written by former chairman Paul Ryan, R-Wis., ending deficits in a decade, trimming spending and overhauling benefits like Medicare.
Senate Republicans want belt-tightening, but McConnell didn’t promise a balanced budget in 10 years.
Republicans want to rewrite tax laws but progress is uncertain.
They want to lower rates for corporations and for businesses whose owners pay individual taxes, with lost revenue recovered by eliminating unspecified tax breaks.
Democrats want the exercise to raise fresh revenue, partly to boost dwindling highway funds.
(It would seem to me that congress also must find a way to block a now known fact!
Presidents Obama is pulling the country out of a large depression and doing so without the help of congress?)
Republicans want to send Obama measures that the GOP-led House passed the past two years but died in the Democratic-run Senate.
These include bills blocking Environmental Protection Agency curbs on pollution and easing business regulations.
The GOP calls these measures job creators;
Democrats call them favors for special interests.
Republicans also want to consider legislation blocking Obama’s normalized relations with Cuba, penalizing Iran and authorizing force against Islamic State militants.
Republicans are itching to vote to repeal Obama’s 2010 health care law, knowing that would never get his signature.
They’re preparing measures repealing the medical device tax and ending the requirement that people buy medical coverage. They would also exempt companies from providing coverage to employees who work under 40 hours weekly, up from the current 30 hours.