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Source: Paul Krawzak, ROLL CALL, 6/19/18
House Budget Chairman Steve Womack’s fiscal 2019 budget resolution charts a path to balancing the budget in nine years through a combination of steep cuts in mandatory spending programs, freezing nondefense discretionary spending and banking on robust economic growth, according to a summary. Under the draft fiscal blueprint, which will be marked up in committee Wednesday and Thursday, the deficit would be reduced by $8.1 trillion over 10 years compared to current law or policy. For more of this story, click here.
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