Republican budget draws election contrast with Obama

Conservative Republicans controlling the House unveiled a budget blueprint on Tuesday that combines slashing cuts to safety net programs for the poor with sharply lower tax rates in an election-year manifesto painting clear campaign differences with President Barack Obama.

The plan, authored by congressman Paul Ryan, seeks to draw a sharp contrast between Republicans’ vision of a smaller, less-intrusive federal government with that of President Barack Obama, who stresses the importance of social safety nets and emphasizes the positive role government plays in the economy.

The Ryan plan would shrink deficits to $3.13 trillion over 10 years, which is half the size of Barak Obama’s plan. It would make deep cuts to federal employee pensions and to social programs such as food stamps and the Medicaid health care program for the poor and dismantle Obama’s 2010 healthcare reform law.

 

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