Medicare

House panel approves budget with hopes for tax reform

A key House panel on Wednesday approved a Republican fiscal plan that probably won't deliver on its promises to balance the budget, but would begin to clear a path for a GOP effort to overhaul the tax code this fall.

The Budget Committee approved the measure by a party-line 22-14 vote. The plan proposes deep cuts to safety net programs like Medicaid and food stamps and reprises a controversial Medicare plan strongly opposed by President Donald Trump — though Republicans only want to deliver on a small fraction of the cuts.

Instead, to most Republicans on Capitol Hill, the most important element of the plan is the procedural pathway it would clear to allow Republicans to pass...

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