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Tuesday
Apr052011

Reaction Streams In to GOP Budget Proposal

ABC News(WASHINGTON) -- Republican Budget Committee Chairman Paul Ryan unveiled a budget Tuesday for 2012 that would cut government spending by $6.2 trillion more over the next 10 years than the one President Obama released last month.

Ryan says his plan would save money by changing the Medicaid program for the poor, ending corporate welfare, eliminating Fannie Mae and Freddie Mac and reducing discretionary spending to below 2008 levels.

Even with these cuts, the budget would not be balanced by the year 2021.

To address the long-term problem, the Ryan plan would transform the Medicare program beginning in the year 2022, changing it from a government-run system that pays health bills for seniors into a system under which seniors buy insurance plans subsidized by the federal government.

The Senate’s top Republican Mitch McConnell praised Ryan’s budget proposal as “a serious and detailed plan” and ripped Democrats for opting to “sit on their hands” and “take potshots at these proposals from the sidelines.”

“Anybody can say that our nation’s problems need to be addressed — but history will show that Chairman Ryan is one of those who actually stepped up to do it. And he should be applauded for that by people of good will on both sides,” McConnell said on the Senate floor.

Likely GOP presidential hopeful Tim Pawlenty responded to Ryan’s proposal Tuesday, saying that thanks to the budget chairman’s leadership, “the American people finally have someone offering real leadership in Washington” and said that President Obama has “failed to lead and make tough choices.”

Sen. Debbie Stabenow, D-Mich., called Ryan’s plan “thinly veiled.”

“We need to do everything possible to responsibly reduce our debt, but we should do that by holding government accountable and eliminating programs that aren’t working, not by putting all of the burden on middle class families and seniors,” she said.

Stabenow said the Republican budget would “dismantle Medicare for tens of millions of Americans.”

“Pulling the rug out from under seniors who have paid into Medicare and Social Security their entire lives is wrong, and extreme plans that dismantle benefits seniors have earned will not pass the Senate.”

Copyright 2011 ABC News Radio

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