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Search Tags: Paul Ryan
Mike Lillis of the Hill newspaper told The Federal Drive with Tom Temin and Emily Kopp that lawmakers are just jockeying for campaign fodder with all this budget talk. Don't expect anything big to happen until after the election.
The House Budget Committee approved a Republican proposal that calls for shrinking U.S. deficits to $3.1 trillion over the coming decade. The budget bill also calls for a 10 percent reduction of the federal workforce, an extension of the federal pay freeze and an increase of federal employees' contributions to their pension plans.
For analysis of the Ryan plan without politics,The Federal Drive with Tom Temin turn to Jason Fitchner, a senior research fellow at the Mercatus Center at George Mason University.
Rep. Paul Ryan (R-Wis.), the top GOP budget writer, borrowed the idea of insurance exchanges, a big pooled marketplace, from the health care law enacted in Massachusetts when GOP presidential candidate Mitt Romney was governor. Ryan wants to set one up for Medicare.
The Republican budget plan for fiscal 2013 calls for a pay freeze through 2015, changes to federal retirement contributions and a cut to the federal workforce.
Steve Bell, senior director of the Economic Policy Project at the Bipartisan Policy Center, told The Federal Drive with Tom Temin that unless something dramatic happens the budget will have about $1 trillion for the next 10 years.
The budget proposal House Republicans are planning to unveil next week will include provisions that would rescue the Defense Department from further budget cuts.