House Republicans 2012 Budget

House Republicans will release their 2012 budget on Tuesday, USA Today said. This budget will affect heath programs for seniors, the poor ad people with disabilities. The plan was criticized by Democrats for cutting Social Security, defense, and domestic spending. The plan is to reduce deficits by $4.4 trillion over 10 years. Spending cuts of $6.2 trillion over the next decade were proposed, The Los Angeles Times said. It also plans to reduce top individual and corporate tax rates by 10%. The plan was produced by House Budget Committee Chairman Paul Ryan, a Republican from Wisconsin. Medicare, Medicaid and Social Security are being especially affected by the plan. Medicare would be a private health plan starting in 2022, Medicaid would turn into a block grant to states, and defense and domestic programs would reduce over the next five years.

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This page contains a single entry by wheel297 published on April 5, 2011 12:33 AM.

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