House conservatives propose balancing budget in 7 years with $16.6T in cuts ...Middle East

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House conservatives propose balancing budget in 7 years with $16.6T in cuts
source : The Hill ( Middle East ) () 5
The Republican Study Committee (RSC), the largest conservative caucus in the House, on Thursday released its annual model federal budget proposal it says would balance the federal budget in seven years and advance socially conservative measures. Dubbed the “Blueprint to save America,” the fiscal year 2023 model budget projects it would cut federal spending by $16.6 trillion more over 10 years than Congressional Budget Office projections if taxes and spending remain generally unchanged. Those cuts would not include military spending, which would be boosted by 5 percent.  It would also cut taxes by $3.9 trillion over a decade. The group says the proposal would balance the feder

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