Paul Ryan's Plan For Cutting Federal Budget

On Thursday, The House of Representatives approved Paul Ryan’s proposed $3.5 trillion budget plan by a 228 to 191 vote. Paul Ryan is the House Budget Committee Chairman. Ryan’s plan calls for Medicaid to be privatized, and many federal programs, including food stamps, to be completely eliminated. Every single Democrat voted against this plan. All but 10 of the Republicans supported it.

The plan would cut spending by $5.3 trillion over the next 10 years. It would raise Medicare eligibility from 65 to 67, and Medicare would be eliminated for everyone under the age of 55. A portion of the savings will help to reduce our federal deficit, and part of them will provide tax breaks to the wealthy, which includes doing away with the estate tax and the Alternative Minimum Tax. In addition, the top income tax rate would be lowered from 35% to 25%. However, it is likely that the plan will make it past the Senate.

While I do think this seems a little drastic, I do think a change like this is needed. As I have said before, I do not know a lot about politics. However, we as Americans take way too much for granted, and we tend to think that the world owes us something. The world should not be taking care of you. Do not be a leach to society. Now, I understand that there are some people who need help, so I don’t think all federal programs should be done away with. However, I do think we have spent too much on these type of programs, so they should be decreased. Instead, we should be spending on coming up with jobs for the poor. Also, I believe the Medicare age eligibility being raised is an excellent idea. People are living longer nowadays. As people live longer, it only makes sense that the age eligibility for Medicare and Social Security be increased.