WASHINGTON—Rep. Paul Ryan proposed a Republican budget blueprint Tuesday that included caps on defense spending, a shift for his party that could provide a point of compromise with Democrats.
The House Budget Committee chairman's proposal marks a significant reversal for the GOP since just last fall. Mitt Romney, the party's 2012 presidential nominee, who made Mr. Ryan his running mate, campaigned on a plan to markedly increase the Pentagon budget, saying it should represent no less than 4% of gross domestic product.
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