House Budget Committee Chairman Paul Ryan today announced that he would be attempting to propose an updated version of his trademark budget proposal this Wednesday. Ryan's budget will cut taxes radically for the rich, increase defense spending, cut Medicaid, and, of course, repeal the Affordable Care Act, better known as Obamacare. The budget proposal is strange in that it has no chance of passing the Democrat-controlled Senate, and that Ryan-Murray budget, which Chairman Ryan drafted with senator Patty Murray last year, makes a budget proposal this year unnecessary. More likely, Ryan's new budget is a campaigning tool that the GOP will use to rally their voter base in preparation for the midterm elections this November.
Source: NPR