Today, the U.S. House Budget Committee, led by Rep. Paul Ryan of Wisconsin, released its 2013 Budget. To view the whole budget, click here: http://budget.house.gov/prosperity/fy2013.htm
Budget highlights:
Cuts government spending to protect hardworking taxpayers;
Tackles the drivers of our debt, so our troops don’t pay the price for Washington’s failure to take action;
Restores economic freedom and ensures a level playing field for all by putting an end to special-interest favoritism and corporate welfare;
Reverses the President’s policies that drive up gas prices, and instead promotes an all-of the-above strategy for unlocking American energy production to help lower costs, create jobs, and reduce dependence on foreign oil.
Strengthens health and retirement security by taking power away from government bureaucrats and empowering patients instead with control over their own care;
Reforms our broken tax code to spur job creation and economic opportunity by lowering rates, closing loopholes, and putting hardworking taxpayers ahead of special interests.
The budget also strengthens health and retirement security:
The future of the nation’s health and retirement security programs is increasingly based on empty promises from a government unwilling to advance solutions that save and strengthen them.
This budget strengthens health and retirement security by taking power away from government bureaucrats and empowering patients with control over their care.
This budget repeals the new health care law’s unaccountable board of bureaucrats empowered to cut Medicare in ways that would raise costs and jeopardize seniors’ access to care.
This budget saves Medicare for current and future generations, with no disruptions for those in and near retirement.
For younger workers, when they become eligible, Medicare will provide a premium-support payment and a list of guaranteed coverage options – including a traditional fee-for-service option – from which recipients can choose a plan that best suits their needs.
Program growth would be determined by a competitive bidding process – with choice and competition forcing providers to reduce costs and improve quality for seniors.
Premium support, competitive bidding, and more assistance for those with lower incomes or greater health care needs will ensure guaranteed affordability for all seniors.
This budget also establishes a mechanism that requires action by the President and leaders in Congress to shore up Social Security’s fiscal imbalance.
