Washington (CNN) – Ahead of the release of his House GOP budget Tuesday, Rep. Paul Ryan previewed some of the plan’s key provisions, which he claims will lead to a balanced federal budget in a decade.
"On Tuesday, we're introducing a budget that balances in 10 years - without raising taxes. How do we do it? We stop spending money the government doesn't have," Ryan wrote in an editorial published on the Wall Street Journal's website Monday.
Savings would come from a series of measures that have long been backed by Republicans. One is a repeal of President Barack Obama's sweeping health care law, which continues to be implemented after being deemed constitutional by the U.S. Supreme Court last summer. Ryan's plan would replace the law with what he called "patient-centered reforms."
One of those would be a major change to Medicare starting in 2024, when Ryan's plan stipulates seniors would have a choice of health care plans, including traditional Medicare. Seniors would receive support from the government toward paying their premiums based on their income level and health.
In the op-ed, he writes, "Those in or near retirement will see no changes, and future beneficiaries will inherit a program they can count on." Ryan recently backed off a proposal to make changes to Medicare for people under the age of 57 - GOP aides said an analysis of the two-year difference showed it would not save the federal government a significant amount of money.
In his editorial, Ryan writes his plan would open government-owned land to energy development, and would include approval for the Keystone XL pipeline, a project that's been delayed by the Obama administration.
Ryan also says mimicking the welfare reform laws of the 1990s on other federal aid programs would save money and reduce the number of Americans dependent on the federal government. And he adds that tax reform that closes loopholes and consolidates rates would help Americans save billions of dollars per year.
"Our opponents will shout austerity, but let's put this in perspective," Ryan writes. "On the current path, we'll spend $46 trillion over the next 10 years. Under our proposal, we'll spend $41 trillion. On the current path, spending will increase by 5% each year. Under our proposal, it will increase by 3.4%. Because the U.S. economy will grow faster than spending, the budget will balance by 2023, and debt held by the public will drop to just over half the size of the economy."
Ryan's full budget, with further details of his proposed measures and cuts, will be unveiled Tuesday morning.
Sounds like avoid plan to me as long as Obamacare goes away!
hey, why not? after all the romney and the gop swept the electi.... wait a minute!
Unless Americans start looking at these issues, we will support efforts which hurt ourselves. Just like all those that supported Bush in going to war with Iraq. There were not enough questions asked by the majority of people. The few questioned the wisdom in taking these steps, and lo and behold, we went to Iraq for the wrong reasons. Too many soldiers have died as a result. More will die with what all sounds like good ideas. We should expect Social Security to be strengthened. Not weaken. There is no reason to do in, Obama care. The medical expenses and care have gone way downhill. Restructuring to patient centers should be a scary thought for Americans. This will result in the rich having health care and everyone else standing in line. These proposals make no sense to anyone outside of Washington. I'm frustrated with Ryan believe I am too stupid to realize what these changes mean for America.
Rep Ryan's budget plan is a replay of the presidential election of 2012. In case he forgot, team Romney/Ryan lost. Votrs want a compromise that reflects American values of fairness, discipline, social justice, and compassion.
The Congressional Budget Office reported to Speaker Boehner that repealing Obamacare would result in "a net increase in federal budget deficits of $109 billion" over the next 10 years. So, how does Ryan's plan manage to make up for the cost of repealing Obamacare? Economists claim that the Keystone XL pipeline creates far fewer jobs than Republicans claim and could result in serious damage to aquifers since the plans call for running it right through metropolitan water supply areas. Also, the oil is not going to increase gas supplies in the
When it comes to Obama healthcare law, we're not going to worry about whether it will be totally repealed or not, but President Obama is courageous especially when he will have to take his rubbish and say goodbye to White House.
Not one word about closing corporate loopholes that would help decrease the debt, Ryan is a clown!!!
Why are these repubs bent on sucking every dime out of mainstreet to give to the the rich, who are not investing in america for the past fours. The only country they are investing in is china. They are building china economy and their.military strenght. Look at our crumbling country, and all the repubs want to do is cut cut cut. While china is nuold build build.
What would Jesus do? NOTHING that this greedy pig would do!
Paul Americans already told you to STFU with this ridiculous budget nonsense back in November. Now go have "several" glasses of water, put that ego away, admit you were wrong and propose something that actually reflects the will of the people, the Majority!
Repeal Obamacare... seriously? Republicans are so insistent in digging up that dead horse that has already been beaten to death and buried. Let it go! Let it rest in peace!
Does Ryan not have a single original thought of his own ever? He is just parroting policies the GOP has held for years which is bad policy for middle and lower income Americans while it gives away gifts of enormous proportions to the wealthy. Privatize Medicare and SS and do away with Medicaid is at the heart of everything the GOP has ever wished for. Ryan's original budget was deemed a disaster by the CBO and this new and "improved?" budget is no better. Obamacare is already dramatically bringing down the cost of health care and will do even more when fully implemented. The GOP hates that because that means less money for the for profit health care monopoly. The GOP, still and forever the champions of the 1%. Nothing ever changes.
Paul Ryan / Michele Bachmann 2016
How do we do it?
"patient-centered reforms." or " No Patient Left Behind "
The Republican party didnt learn anything from the election in 2012....
Sounds very much like his pre Obama election budget to me but will wait and see till what comes out on Tuesday can be evaluated. That got a thumbs down from the people.
This one wow no surprise, Repeal obama care..... that is the one sure fire way to create gridlock in congress over the budget.
Finally he claimed his pre election budget balanced in 10m years the CBO disagreed as did many other economists but more importantly so did we the people.
All that will not work and he knows that its the same BS....
i had an idea why doent the goverment open some buisnesses like maybe goverment ran shopeingcenters /gasstations/and maybe a place like homedepo this would create jobs and it may lower prices on fuel and other items then use the profits from these buisnesses to help pay our dept and try and sucure our medicare i think our goverment should open its own automoble line im sure they could be more competive in these diffrent opertunites than they relize our goverment needs to start thinking outside the box and find ways to make monie not figure out how to save it just dont barrow make monie
It was big to start with but I truly believe the lying altar boy's nose is still growing by the day.
Does he understand that Obamacare has already been to the supreme court? Does he realize that after his father died he and his whole family were on welfare?
He couldn't win his own state and, unfortunately, he runs as the twit's vp candidate in a state where he cdan still keep his house job instead of being unemployed. What a country!!
Once again the idiocy of this man astounds me. He proffers up legislation that America has already denounced and discarded. Does he suffer from Alzheimer's? Does he not recall the Presidential election where he and his equally idiotic running mate were soundly defeated and yet he continues to ram his BS bills down Americas throat. Go away!! Even your own town voted against you. What a total whack job.
Would someone please take rand paul out of the media an the news cast, whats wrong with you people in the media an news cast its scene like you all are crazy like the three homeless pigs in a shelter.