Like The Ryan Budget? Then You’ll Love These House Spending-Cap Bills | Center on Budget and Policy Priorities
The House may soon consider two bills (H.R. 3576 and H.R. 3580) that would limit federal spending to levels similar to those in the budget of Budget Committee Chairman Paul Ryan (R-WI) that the House passed last April. These bills are part of a package of ten bills that Chairman Ryan and other committee members introduced to change the federal budget process. As our new paper explains, these two bills would disproportionately hurt low-income people, worsen recessions, rule out balanced deficit-reduction packages, and promote deep cuts in Social Security and Medicare.