The FY 2015 budget proposed by House Budget...
The FY 2015 budget proposed by House Budget Committee Chairman Paul Ryan, R-Wis., seeks to “limit the federal government’s role” in the telecom industry, “curbing corporate welfare” delivered to it, said Ryan’s broad outline released Tuesday (http://1.usa.gov/1jUccyW). It cited revenue benefits of electromagnetic spectrum. The plan proposes cutting $5.1 trillion over the next decade but gives little specific breakdown in funding for different government agencies in 2015. “The resolution calls for $27.9 billion in budget authority as well as outlays in fiscal year 2015,” it said. “Of that total, discretionary spending in fiscal year 2015 totals $27.8 billion in budget authority and $27.8 billion in outlays. Mandatory spending in 2015 is $100 million in budget authority and $98 million in outlays.” Ryan plans to mark up the bill (http://1.usa.gov/Pef7oy) Wednesday at 10:30 a.m. in 210 Cannon. The White House released its $3.9 trillion FY 2015 budget last month.