Republicans pass budget plan, set sights on Obamacare

Reuters News
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Posted: Apr 30, 2015 6:27 PM

WASHINGTON (Reuters) - 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)