House defeats Simpson-Bowles amendment to GOP budget bill

Last year, the House defeated a Simpson-Bowles-based budget resolution in a 38-382 vote. Republicans have argued that the Simpson-Bowles plan relied mostly on new tax increases to balance the budget, and dodged significant entitlement reform.

Rep. Kurt Schrader (D-Ore.) offered the amendment to the Require a PLAN Act, which requires Obama to estimate when the federal budget will come into balance again. That bill, H.R. 444, was expected to be approved by the House within the hour.