House Releases Budget Blueprint
Chairman of the House Budget Committee, Paul Ryan (R-WI), released yesterday the House of Representatives’ budget priorities for fiscal year (FY 2015). The Path to Prosperity: Fiscal Year 2015 Budget Resolution outlines the House’s fiscal roadmap for both short- and long-term spending. The resolution mirrors previous blueprints the House has put forth, characterized by deficit reduction and austerity. The document remains fairly high-level but does include several provisions related to federal student aid.