House Budget panel approves Ryan plan in 22-17 party-line vote

The House Budget Committee late Wednesday approved the latest budget from Chairman Paul RyanPaul Davis RyanPaul Ryan says he disagrees with Romney's impeachment vote Trump doubles down on Neil Cavuto attacks: 'Will he get the same treatment as' Shep Smith? Trump lashes out at Fox News coverage: 'I won every one of my debates' MORE (R-Wis.) on a party-line 22 to 17 vote.

All committee Republicans voted for the fiscal 2014 plan, which now heads to the full House for floor consideration next week.

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The committee vote was smoother than last year’s process.

That budget passed out of committee on a single vote margin after two conservatives — Reps. Tim Huelskamp (R-Kan.) and Justin AmashJustin AmashBarr ensnared in Roger Stone firestorm House passes bipartisan bill to create women's history museum Weld bets on New Hampshire to fuel long shot bid against Trump MORE (R-Mich.) — voted against it.

Huelskamp and Amash were removed by GOP leadership from the Budget Committee last year.

Ryan this year made a concession to conservatives and moved up the date when his budget would balance. Instead of taking until nearly 2040 to balance revenue and spending, the new Ryan plan has a $7 billion surplus in 2023.

To get there, the budget cuts $5.7 trillion, compared to the Congressional Budget Office (CBO) baseline. Under a separate baseline used by Ryan, which does not assume large savings from a reduction in war and disaster spending, his budget would reduce spending by $4.6 trillion.

Some conservatives in the House GOP conference could still oppose the Ryan plan over criticisms that it relies too heavily on tax revenue and for counting deficit reduction from the president's healthcare reform law.

To reach balance, the budget relies on $600 billion in new tax revenues from the January "fiscal cliff" deal and hundreds of billions of dollars in additional revenues being raised from rosier CBO economic growth forecasts.

It also relies on $716 billion in cuts to Medicare spending brought on in the Affordable Care Act. Ryan himself, as last year’s GOP vice presidential candidate, blasted Obama for making the same cuts.

The budget keeps tax increases that were passed as part of the healthcare law, as well, something committee Democrats pointed out during a marathon markup that lasted until nearly midnight.

“It is simply a hoax to say this budget both balances in ten years and repeals 'ObamaCare,'” ranking member Rep. Chris Van Hollen (D-Md.) said. “In fact, the dirty little secret is that this budget would not balance if not for the Medicare savings and all the revenues from ObamaCare.”

Van Hollen will once again offer his own budget alternative amendment next week on the floor.

In the Senate, Budget Committee Chairwoman Patty MurrayPatricia (Patty) Lynn MurrayOvernight Health Care: Senate panel to hold hearing on US coronavirus response | Dems demand Trump withdraw religious provider rule | Trump Medicaid proposal sparks bipartisan backlash Democratic senators urge Trump administration to request emergency funding for coronavirus response Democrats demand Trump administration withdraw religious provider rule MORE (D-Wash.) on Thursday will stage her own marathon markup of what is slated to be the upper chamber's first budget in four years. Senate Majority Leader Harry ReidHarry Mason ReidReid pushes back on Sanders suggestion that a Democrat with plurality of delegates should be the nominee Harry Reid on 'Medicare for All': 'Not a chance in hell it would pass' The Hill's Morning Report - Sanders on the rise as Nevada debate looms MORE (D-Nev.) hopes to move the budget by the Easter recess.