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VOL. 39 | NO. 18 | Friday, May 1, 2015

House to adopt compromise GOP budget targeting 'Obamacare'

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WASHINGTON (AP) — The House is moving quickly on a compromise GOP budget that promises to speed repeal of the nation's health care law and calls for a major budget hike for the Pentagon.

The nonbinding agreement promises to balance the budget in nine years with more than $5 trillion in spending cuts, though Republicans make clear they aren't interested in actually implementing controversial cuts to programs like Medicare, food stamps, Pell Grants or traditional Medicaid with follow-up legislation.

Instead, the budget framework increases spending in the near term by padding war accounts by almost $40 billion next year. And Senate Republicans, skittish over Medicare, blocked a House plan that called for giving future retirees subsidies to purchase health insurance on the open market instead of a guaranteed package of coverage.

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