House conservatives to unveil budget which balances books faster
House conservatives on Tuesday morning will tack to the right and unveil an alternative to the House GOP leadership’s 2013 budget plan that balances in five years.
The new Republican Study Committee (RSC) spending plan has deeper cuts than the group’s budget for last year, which would have balanced the budget in nine years. The leadership budget, authored by Rep. Paul Ryan (R-Wis.), takes until nearly 2040 to balance.
Rank-and-file conservatives pushed leadership for deeper cuts in the Ryan plan, and two Republicans voted against Ryan’s budget in the Budget Committee last week.