Ryan releases new budget proposal to cut $4.6 billion within 10 years

Rep. Paul Ryan has released the overview of his latest proposed budget, “The Pathway to Prosperity,” which cuts spending by $4.6 billion within 10 years by rolling back the Affordable Care Act, cutting college tuition assistance, narrowing the tax system to just to tax brackets and lowering the corporate tax rate.

In announcing the plan, Ryan said it balances income and spending. However, critics contend it counters what voters called for in the decisive November elections with Democrats saying the resolution calls for draconian cuts on essential services while providing more tax breaks for the wealthy.

Host Carmen Russell-Sluchansky spoke with CQ Roll Call political reporter Paul Krawzak to discuss the budget.


About Carmen Munir Russell-Sluchansky 360 Articles
Carmen is a multimedia journalist based in Washington, DC whose work has appeared in a variety of outlets including National Geographic, NBC News, the BBC, Asia! Magazine, The China Post, Chicago Tribune and Orlando Sentinel.