GOP Targets Safety Net Programs, Financial Regulations To Avoid Defense Cuts

GOP Targets Safety Net Programs, Financial Regulations To Avoid Defense Cuts: Committees in the House are busily marking up legislation to avoid the scheduled cuts that lawmakers approved as part of the 2011 Budget Control Act. Those automatic reductions to domestic and defense spending — agreed to by both parties during the effort to raise the nation’s borrowing limit — will go into effect on January [...]/p