House budget committee chairman Paul Ryan said Wednesday that he will launch a section called "no surprise" republican next week in ten years to achieve balance, only slightly deeper cuts in spending more than a year ago he proposed budget.
Conservative budget blueprint tax increases will be retained in the most money tax payers, on January 1 transaction is approved, in order to solve the "fiscal cliff $62 billion us dollars, budget committee assistant said." But in and republican key demand, it will not include any other income increases.
The budget will take about 10 years of deficit reduction from automatic cut costs $1.2 trillion "is the law of the land," Ryan said. The first $85 dollars "sealed" cut to September 30 trigger last week.
Although these automatic cutting can be replaced or redistribution, savings are here to stay, will be included in the republican "baseline" hypothesis, "he added.
Ryan's budget is expected to debut on Tuesday, republican control of the house of representatives in the house budget committee approval on Wednesday.
His blueprint and the opponent's budget, the Democrats Patty Murray plans to release democratic leaders of the senate will open next week in Washington before the financial battle is how to stop the growth of the $16.7 trillion the federal debt.
It may be difficult to harmonic two versions, and the republican budget only by cutting spending and Democratic Party put forward to increase taxes and some cut costs.
Move on Wednesday the house of representatives passed a measures to keep investment institutions on September 30 in order to avoid the government closed for.
Ryan plan would make adjustment is expected to decline the war, which in the future ten years may reduce the bear's spending as much as $600 billion. Other revision, is now undertaking disaster spending, the assistant said.
"So, I don't want big accident, from our next week," Ryan told reporters. "We're doing some additional minor changes, in order to obtain equilibrium."
The revised hypothesis will be different from those by the congressional budget office's latest forecast. Ryan said, they mean, his budget will need to less than $4 trillion of additional 10 years of savings CBO said, need to achieve balance, to 2023. He refused to disclose the specific amount in his budget cut plan.
Ryan last year's budget proposals not balance, until around 2040, but does not include any tax increases.
The budget also puts forward slash medicare and medicaid health care plan, and other domestic welfare plan and education funds. Its outstanding as a republican policy tools to help promote Ryan point as a republican presidential candidate Mitt Romney (Mitt Romney) vice presidential running partner.
After four years of deficit of more than $1 trillion, congress which the nonpartisan congressional budget office, the finance, fiscal year 2013 gap will drop to $84.5 billion project,. As the economy improved, the deficit will drop to about $430 billion, by 2015, the congressional budget office said, but is projected to rise after, the trillions of dollars again, to 2023 years a large number of "baby boom" generation age and attract more retirement and medical benefits.
MEDICARE change
Ryan and his committee assistant refused to disclose the specific budget policy, in the upcoming budget plan project, but it will change again, in order to support the popular, but more and more expensive medical insurance plan, for old people.
These changes are expected to be similar to Ryan from last year's budget plan, which puts forward the medical insurance to the elderly subsidy private health insurance or insurance through the traditional medical insurance cost service plan, provide coupons program.
In the 2011 years of subsidies, laughed at for "cash coupon", was renamed the "premium support" last year. Budget committee assistant said last week, this year's version will be called "bid".
Other congress Ryan said he recently listed, will be implemented and 56 young American medical insurance proposal. His last year in his vice presidential campaign promise, he will not touch the benefits of 55 years old or above for the bid, in order to reduce fear old depends on the medical insurance benefits.
The age-adjusted entailed significant political cost, as the Democrats were going to pounce on a piece of his campaign promises, and it will not really help balance the budget in ten years, because today's 56 - year - the child will only just will begin to enter the medical insurance system, when they at least 65 years old.
Wednesday fell budget committee assistant to discuss specific changes, the relevant medical insurance, but their aim is to "make sure that we can protect and save the key program."
 
 



Other News:
Paul Ryan's budget plan sees balance by 2023, modestly deeper cuts
Mexico readies bill to shake up telecoms, TV industries
Steady job gains seen bolstering economy
Elizabeth Warren Wants HSBC Bankers Jailed for Money Laundering
Sheryl Sandberg: On a mission to elevate women
Three CIA contractors to pay $3 million to settle corruption allegations
Egypt's interior minister won't allow 'militias'
3 high school students killed in Indiana crash