http://thehill.com/policy/finance/240508-gop-unveils-budget-deal-that-seeks-repeal-of-obamacareBy Rebecca Shabad - 04/29/15 02:46 PM EDT
House and Senate Republicans on Wednesday unveiled a budget deal that aims to torpedo ObamaCare while balancing the federal books within 10 years.
The deal would approve more than $5 trillion in spending cuts over a decade, and seeks to use the budget procedure known as reconciliation to send a repeal of the healthcare law to President Obama’s desk.
The budget also sticks to the $1.017 trillion sequestration budget ceiling for 2016, and boosts military spending through an infusion of cash into the war fund.
Sen. Bob Corker (R-Tenn.) had delayed the release of the deal since Monday because of provisions he described as “gimmicks” that deal with changes in mandatory programs. He relented on Wednesday and signed the agreement.
