U.S. budget fight begins with defense spending test, new chairmen

By David Lawder WASHINGTON (Reuters) – Congressional Republicans will unveil budget proposals on Tuesday that seek to eliminate deficits and nominally stick to spending caps while boosting defense spending by tens of billions of dollars to meet demands within the party. It will be overseen by two rookie Budget Committee chairmen in the Senate and House of Representatives. Tom Price, the new House Budget Committee chairman, is promising a balanced budget within 10 years that fully repeals “Obamacare” health reforms and cuts social safety net programs by turning them over to states. The orthopedic surgeon from Georgia is also widely expected to recycle controversial changes to Medicare championed by his predecessor, Paul Ryan, which would turn the popular health care program for seniors into a system of subsidies for private insurance.

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