May 2013
Search    

Different approaches | Capitol Hill

Capitol Hill not ratednot ratednot ratednot ratednot rated

Different approaches

The House and Senate propose vastly different budget resolutions

by Duane L. Musser
1 person has posted a comment


In late March, a few days after the House approved its budget resolution, the Senate approved a budget resolution for the first time in four years. The vast differences between the dueling proposals reflect broad disagreements between Democrats and Republicans regarding how to address the federal government's persistent budget deficits.

Senate resolution

The Senate-approved budget resolution, authored by Senate Budget Committee Chairwoman Patty Murray (D-Wash.), would modestly reduce the deficit from current projected levels during the next decade.

According to projections, if the resolution is implemented, the annual deficit would decrease from the current $1 trillion to $566 billion in 2023. Moreover, the total federal debt held by the public would be about 70 percent of U.S. gross domestic product (GDP) compared with the...



To read the article in its entirety, please log in or register (registration is free).

Log in or register for FREE access to this article and other Professional Roofing online content.

Not a professionalroofing.net user?

Register now for free access
  • Full access to every article
  • Online Web exclusive information
  • Photo gallery
  • Breaking news
  • Online classified ads

Already a professionalroofing.net user?

Log in now

User name:

Password:

 


Login help
Click here to have your user name and password emailed to you.




Comments (1) Login to post a comment or rating

Posted by mpittard16 on 5/8/2013, User rating 
not ratednot ratednot ratednot ratednot rated
Report Abuse
well written

NRCA NRCA