Few if any changes are expected in a GOP proposal to partially privatize Medicare, converting it into a premium support system where beneficiaries would receive a federal subsidy and choose among competing health care plans that include traditional Medicare. As in past budgets, the proposal is likely to keep the cutoff age at 55, meaning anyone above that age would remain in the current Medicare system unless they chose otherwise.
The budget also could save a few dollars from tweaks of welfare and job training consolidation proposals in past resolutions. But the plan is not likely to contain an explicit, comprehensive welfare overhaul proposal growing out of an anti-poverty report that Ryan issued earlier this month. Ryan wants to introduce some poverty related initiatives later this year.
No proposed changes to Social Security are expected in the budget. Many in the GOP favor modifications to the program that would eliminate a growing imbalance between the trust fundís revenue and the benefits that are paid out.
Visitors get their first look at the American Veterans Disabled for Life Memorial, which opened to the public on Monday, Oct. 6, 2014. The new memorial is located off Independence Ave. SW between the Rayburn House Office Building and HHS. Buy photo here.