Paul Ryan proposes balanced budget plan that reforms entitlements, tax code

Published April 1, 2014 2:56pm ET



WASHINGTON EXAMINER — Rep. Paul Ryan on Tuesday raised the curtain on his ten-year budget blueprint, unveiling a plan that balances the budget, reforms Medicare and Medicaid and simplifies the tax code.

The nearly 100-page document calls for a multitude of reforms throughout the domestic, defense and entitlement budgets that Ryan, who chairs the House Budget Committee, pledged would result in savings of $5.1 trillion over the next decade, resulting in a budget surplus by 2024.

The House will hold a hearing on the plan Wednesday, and GOP leaders have said there will be a vote on the proposal in the coming weeks.

Read more at the Washington Examiner.