Sunday, June 8, 2008

Democrats working to balance the budget

Here's the story via the Associated Press:

WASHINGTON --The chairman of the House Budget Committee said Saturday that a 2009 spending blueprint passed by the Democratic-controlled Congress will restore funding for health care, energy and education while leading to a balanced budget by 2012.

Rep. John Spratt, D-S.C., said the budget plan rejected proposed cuts to Medicare and Medicaid and would broaden the Children's Health Insurance Program. The plan would also add nearly $5 billion to the Veterans Affairs health care system in 2009, he said.

In his party's weekly radio address, Spratt promised the bill would address skyrocketing fuel prices by spending more on home energy assistance for low-income families. "As for funding for alternative fuels, renewable energies and other energy initiatives, our budget provides $7.7 billion," he said.

Click here to read the entire article.