BUDGET

Text of the Ryan Budget Plan

Updated: March 20, 2012 | 2:09 p.m.
March 20, 2012 | 1:35 p.m.

House Budget Committee Chairman Paul Ryan, R-Wis., offers more detail on just how he would achieve the goals outlined in his second budget blueprint, released Tuesday morning, in the legislative text of his budget resolution.

National Journal has obtained the 70-page bill, which will be marked up by the House Budget committee Wednesday morning.

Ryan’s Tuesday budget document did not mention the Medicare sustainable growth rate, a perennial headache that Congress regularly puts off to avoid big cuts to Medicare doctors pay. But in the legislative text, Ryan gives himself the ability to revise his budget resolution in the future, should Congress come up with a deficit-neutral way of undoing the $300 billion Medicare formula. That isn’t likely to happen soon.

FY2013 Budget Resolution (Chairman's Mark)_3 20 12[1]

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