Excerpt from just-released statement from House Budget Committee Chairman Paul Ryan (emphases mine): House Republicans announced a path forward on the nation's near-term budget challenges.  The 1974 Congressional Budget Act requires passage of a budget resolution by April 15 each year.  Under Senator Harry Reid's leadership, the Senate has refused to pass a budget for 1,360 days.  As the Administration and Congress work through opportunities to cut government spending, there will be no consideration of a long-term debt-ceiling increase unless both the House and the Senate pass a long-term budget plan.  The plan also includes a bipartisan proposal to withhold Senators' salaries if they fail to pass a budget.  (Read Full Post)