US Republican budget plan would cut $5.8 trln in 10 yrs

from ChaoticFate.com by qew
http://www.reuters.com/article/2011/04/05/usa-budget-cuts-idUSN0429071020110405

(Reuters) - A Republican budget plan due to be unveiled on Tuesday would cut $5.8 trillion from U.S. spending over the next 10 years, a congressional aide familiar with the proposal said on Monday.

The plan, which would take effect when the next fiscal year starts on Oct. 1, is expected to propose sweeping changes to the Medicare and Medicaid health programs, as well as hard caps on government spending and tax cuts. (Reporting by Andy Sullivan; editing by Eric Beech)