Rep. Paul Ryan’s New Budget Plan Key to GOP Election Hopes
The claim is a big one — a balanced federal budget by 2024. Ryan, the GOP’s leading budget man, released his plan Tuesday. He says it will spur the American economy. But it assumes gutting the Affordable Care Act completely, in addition to cutting back Medicare and food stamps. The nonpartisan Congressional Budget Office agrees that the plan would grow the economy, but could cost in other areas. The odds of Paul’s budget becoming law are slim to none, but it gives insight into Republican priorities before the November elections.