PAYING FOR WALL STREET'S LOOTING - THE WHORES in the US Senate budget proposes $975 billion in spending cuts

US Senate budget proposes $975 billion in spending cuts

The House budget resolution passed in a 221-207 vote last Thursday. Authored by House Budget Committee chairman Paul Ryan (Republican of Wisconsin), it calls for changing the tax code to dramatically reduce taxes, repealing President Obama’s health care law, and deeper spending cuts than those recently triggered by the so-called sequester. It also revives Ryan’s proposal to privatize Medicare by turning it into a voucher program.