This week the House of Representatives will likely consider the fiscal year 2013 budget resolution, introduced by Congressman Paul Ryan (R-WI), chairman of the House Budget Committee.
Similar to last year’s budget resolution, Chairman Ryan’s proposal looks to cut the overall size of the federal budget and reduce the deficit by a combination of spending cuts and lower taxes intended to stimulate economic growth.Compared to the Obama Administration's fiscal year 2013 budget request, the Ryan proposal reduces projected federal spending by $5.3 trillion over the next decade. For example, lower projected spending on Medicare would ...











