2014 United States federal budget  The 2014 United States federal budget is the budget to fund government operations for the fiscal year (FY) 2014, which began on October 1, 2013 and ended on September 30, 2014. President Obama submitted the FY2014 budget proposal on April 10, 2013, two months past the February 4 legal deadline due to negotiations over the United States fiscal cliff and implementation of the sequester cuts mandated by the Budget Control Act of 2011. The House of Representatives passed its proposal, H.Con.Res 25, prior to the submission of the President's budget proposal, as did the Senate (S.Con.Res 8). The House and Senate budget resolutions were not reconciled as a final budget. At the time the fiscal year 2014 budget was debated, budgeting issues were controversial. Government spending had recently been limited by an automatic sequestration process that resulted when Congress and President Obama failed to meet spending reduction targets set by the Budget Control Act of 2011. The House and Senate were at the time controlled by different parties with different fiscal agendas. Failure to pass an initial continuing resolution caused the federal government shutdown of 2013. The government was then funded through a series of two continuing resolutions. Final funding for the government was enacted as an omnibus spending bill, the Consolidated Appropriations Act, 2014, enacted on January 17, 2014. The House Budget Committee reported out the House Budget Bill () on March 15, 2013 which was introduced and sponsored by budget committee chairman Paul Ryan (R-WI) to the United States House of Representatives. It passed the House on March 21, 2013, 221-207. Along with setting forth the congressional budget for the federal government for fiscal year 2014, it proposed budget levels for fiscal 2015 through 2023 with respect to federal revenues, new budget authority, outlays, deficits, public debt, and debt held by the public. The proposed budget would also reform the U.S. tax code to create only two income tax brackets (with 10% and 25% tax rates), end the Alternative Minimum Tax, and reduce the corporate tax rate from 35% to 25%. The bill instructs the House Ways and Means Committee to reform the existing tax code by removing various tax credits and exemptions (which are unspecified in the bill itself). The bill would also repeal Obamacare by "eliminating the subsidized insurance exchanges and the Medicaid expansion that make up the core of the law," and would "convert Medicare into a system of private insurance plans financed by federal vouchers." The bill received commentary from all sides of the political spectrum. The spending cuts found in the House Bill were supported by many Republicans.