House Republicans Unveil Counter to Biden’s Budget and It Would Eliminate the Deficit in 5 Years
Sally Kent
House Republicans have officially unveiled their counter-proposal to President Biden’s 2022 budget and they say it will not only balance the federal budget in five years but also cut taxes by $1.9 trillion. The plan would slash a number of discretionary programs, reform federal programs, reduce regulations, and more which would ultimately balance t
Reform Medicare
Other ways the proposal seeks to reform medicare is by:
-Standardizing Medicare reimbursement across delivery sites
-Address waste, fraud, and abuse
-Eliminate Medicare’s responsibility for “bad debt”
-Eliminate duplicative and market-distorting subsidies for Medicare plans
-Allowing seniors to keep their insurance
he federal budget. The summary of the proposal by the Republican Study Committee (RSC) outlines the Republican’s counter to Biden’s plan.
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