| Paul Ryan: New budget plan axes Obamacare, $5T in spending ... Mar 12th 2013, 14:36 Wall Street Journal expose, Republican front-man Paul Ryan revealed a new proposed budget plan that would include of course axing Obamacare, and $5trillion in government spending. - On taxes: Instead of the current "Rubik's cube," "our goal is to have just two brackets: 10% and 25%," Ryan writes.
- On welfare: "After the welfare reforms of 1996, child poverty fell by double digits," he notes. The budget would let states "tailor programs like Medicaid and food stamps to their people's needs."
- As for Medicare: "Starting in 2024," seniors will see "a range of insurance plans from which they can choose—including traditional Medicare." It will be "a premium support program," notes NPR.
- Meanwhile, Patty Murray, Democrat head of the Senate Budget Committee, is proposing her own plan, which would raise tax revenues by almost $1 trillion as it cuts spending to the same extent, Politico reports. She'll meet with party members, including President Obama, today.
Related articles Like this: Like Loading... Tags: Barack Obama Medicaid Medicare Obamacare Patient Protection and Affordable Care Act Patty Murray Paul Ryan Politics Repeal Obamacare U.S Politics Wall Street Journal permalink. Source: http://bazaardaily.com/2013/03/12/paul-ryan-new-budget-plan-axes-obamacare-5t-in-spending/ |  |
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