House and Senate FY 2014 Budgets to be released

House and Senate Budget Committee chairs Paul Ryan (R-WI) and Patty Murray (D-WA) have announced they will unveil their respective FY 2014 budgets this week. The budgets are expected to lay out long term deficit reduction plans, with markedly different balances between spending cuts and revenue increases. In an unusual situation, the Congressional budgets will come in advance of the President’s Budget which has been delayed until early April.

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