Zona
A guy in ariZONA
Now THAT is a budget plan.
Republicans will present this week a 2012 budget proposal that would cut more than $4 trillion from federal spending projected over the next decade and transform the Medicare health program for the elderly, a move that will dramatically reshape the budget debate in Washington. ...
The plan would essentially end Medicare, which now pays most of the health-care bills for 48 million elderly and disabled Americans, as a program that directly pays those bills. Mr. Ryan and other conservatives say this is necessary because of the program's soaring costs. Medicare cost $396.5 billion in 2010 and is projected to rise to $502.8 billion in 2016. At that pace, spending on the program would have doubled between 2002 and 2016.
Mr. Ryan's proposal would apply to those currently under the age of 55, and, for those Americans would convert Medicare into a "premium support" system. Participants from that group would choose from an array of private insurance plans when they reach 65 and become eligible, and the government would pay about the first $15,000 in premiums. Those who are poorer or less healthy would receive bigger payments than others. ...
The proposal would also convert Medicaid, the health program for the poor, into a series of block grants to give states more flexibility. And it is expected to suggest significant cuts in Social Security, while proposing fewer details on how to achieve them. ...
Conservative activists who are familiar with the Ryan plan said they expect it to call for a fundamental overhaul of the tax system, with a 25% top rate for both individuals and corporations, compared to the current 35% top rate. It is expected to raise about the same amount of money as the current system, however. Lawmakers already are considering ways to accomplish that by reducing or eliminating some deductions and other tax breaks.
Some conservatives also expected the budget plan to tout a temporary tax change that would let U.S. multinationals bring home as much as $1 trillion in profits at a greatly reduced tax rate. That money currently is parked overseas, beyond the reach of U.S. corporate taxation.
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GOP Budget Aim: Cut $4 Trillion From Spending - WSJ.com
The Republicans have been acting like pussies for some time, saying they want to cut the deficit but not cut anything that actually matters. This actually matters. Good for them for having some cahones and laying things on the line. This is a conversation America has to have.
First thing..cut everything for the poor. DO NOT TOUCH ANYTHING THAT WOLD INCONVIENCE THE RICH! Of course they wont mention cutting their benefits or pay. Of course they wont touch tax cuts for the rich.
Of course they wont even mention cutting the defense fund. Just cut everything that will touch the middle to lower class Americans. Its what they are all about.
How can a middle class or lower class person vote for a republican? Seriously, how?
Cut medicaid? Cut social security? Cut medicare? Really? But dont touch the millionaires. Don't touch big businesses. Don't make them pay taxes....oh no.