I introduced this topic yesterday. I didn’t know any details then but today some have been released. The dem/lib idiots have started their expected, “People will DIE!!!!”, BS as usual.
Social Security was untouched. Medicare and Medicaid was. The changes to Medicare was to eliminate it in its present form and provide direct subsidies to retirees to underwrite healthcare insurance premiums. Retirees can choose any insurance plan that fits their needs without having an unwanted socialist mandate crammed down their throats. Medicaid would be changed to block-grants to each state. The states would manage Medicaid in any manner they deem appropriate.
Tax rates would be reduced with a top level coming down to 25%.
The plan reduces the highest-in-the world corporate tax rate from 35 percent to 25 percent and the top individual income rate to the same level. The lower corporate tax rate would reverse the flow of jobs to foreign countries, and the lower individual income tax rate would improve incentives for workers and businesses to produce more and for investors and businesses to create new jobs.
The federal budget would be frozen at the 2008 spending level. It also includes reducing corporate welfare, Pell grants (which would negatively affect my daughter’s education towards a Nursing degree,) reduces the federal workforce by 10% and some farm and food-stamp subsidies.
The Republican budget proposal will eliminate the national debt while still preserving costly entitlement programs like Medicare and Social Security, Rep. Paul Ryan told CNBC.