Republicans promised a balanced budget by 2024 but would do so at the expense of poor people and seniors on Medicaid, lower income workers receiving "Obamacare" subsidies, and the receiving food stamps and Pell Grants.Democrats countered with a plan that would leave Obama health care plan and rapidly growing health programs like Medicare intact, determined by $1.5 trillion in tax hikes over the coming decade to bring deficits down to sustainable but still large levels in the $600 billion range.The GOP plan of action, By Budget committee Chairman Paul Ryan, R Wis, Would cut more than $5 trillion over the arrival decade to reach balance by 2024, depending upon sharp cuts to domestic programs, But leaving Social Security untouched and shifting more money to the Pentagon and heath care treatment for veterans. It reprises a controversial plan to shift future retirees away from traditional Medicare and toward a subsidy based medical health insurance
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September 1st, 2014 at 04:59 pm