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Republicans pass deep spending cuts, aim at Obamacare
Reuters: Republicans in the U.S. House of Representatives passed the first joint House-Senate budget plan in six years on Thursday, a measure that aids the party's goal of dismantling President Barack Obama's signature healthcare reform law this year.
The Republican-authored plan would eliminate deficits by 2024 through deep cuts to social programs while increasing military spending by nearly $40 billion next year.
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