WASHINGTON, April 4 (Reuters) – A Republican budget plan due to be unveiled on Tuesday would cut $5.8 trillion from U.S. spending over the next 10 years, a congressional aide familiar with the proposal said on Monday.

The plan, which would take effect when the next fiscal year starts on Oct. 1, is expected to propose sweeping changes to the Medicare and Medicaid health programs, as well as hard caps on government spending and tax cuts.

Face Forward Comments:
More Please. Even with this huge prposed cut we will add debt. We must make the hard choices now and stop electing people that cannot make them.

Tags: Balanced Budget, Budget Paln, Republican, US Budget, US Debt

This entry was posted on Tuesday, April 5th, 2011 at 8:59 am and is filed under Dude Where's My Money, Tax Payers, The Economy. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.