House Republicans on Tuesday unveiled a fiscal 2017 budget proposal that stands little chance of passing thanks to combined opposition from Democrats as well as their own right flank.
Few Republicans are satisfied with a GOP blueprint that lifts discretionary spending caps by $30 billion next year, to $1.07 trillion.
The budget plan includes conservative priorities, including a complete overhaul of the tax code, rolling back banking reform regulations, repealing the Affordable Care Act, and reforming Medicaid and Medicare. And it would come to the floor along with a standalone measure to reduce entitlement spending by $30 billion, to make up for last year’s agreement to exceed the spending caps by that amount.
But busting the spending caps has caused a conservative revolt, drawing opposition from the two major conservative House factions, the Republican Study Committee and the House Freedom Caucus