Word: budgetin
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Dates: during 1990-1999
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House Republicans easilypassed their historic legislation to balance the federal budgetin a well-scripted, near-party-line vote of 238-193. The bill, which the GOP claims would lead to the first budget surplus since 1969, aims to bring to an end decades of federal deficits by wrenching an unprecedented $1.4 trillion in savings from budgets over the next seven years.Medicare and Medicaid would take the biggest hitsand hundreds of other federal programs would vanish. But majority House members -- unlike senators, who today began debating their $961 billion measure -- would try toease the painwith $350 billion in tax breaks...
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