WASHINGTON, March 29, 2012- The House approved Rep. Paul Ryan's, R-Wis., fiscal 2013 budget with a partisan 228-191 vote today. The budget blueprint reshapes the tax code, overhauls Medicare and lowers the spending cap agreed to in last year's debt limit agreement.
The budget includes reconciliation instructions which require the Agriculture Committee to provide legislation within the next month that cuts agriculture spending by $33.2 billion over ten years. The budget also reduces approximately $123 billion from nutrition programs by converting the Supplemental Nutrition Assistance Program (SNAP) into block grants to states.
Ryan’s budget, while expected to fail in the Democrat-controlled Senate, is being used as a contrast to President Barack Obama’s budget proposal and an example of Republican deficit reduction plans to be used in this year’s presidential campaign efforts.
"We think America's on the wrong track. We believe the president is bringing us toward a debt crisis and a welfare state in decline," Ryan said on the floor.
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