The Corner

House Unveils Budget That Plans to Balance in Eight Years

The House Budget Committee, now in the hands of Tom Price rather than Paul Ryan, introduced its 2016 budget resolution today. Chairman Price has an op-ed in USA Today making the case for his plan here; here are summary tables and charts for the budget.

It doesn’t differ dramatically from 2015’s House budget, and preserves Representative Paul Ryan’s proposal to restrain Medicare spending by replacing the current health program with a premium-support model. The budget balances slightly more quickly than Ryan’s budget would, thanks to marginally more aggressive spending cuts. It proposes increases in defense spending versus current law, and more defense spending than President Obama’s budget proposed, but would still spend much less on the military than the Pentagon was planning to just three or four years ago. That issue, in the early going, looks to be the biggest objection some Republicans have to the proposal.

Patrick Brennan — Patrick Brennan is a writer and policy analyst based in Washington, D.C. He was Director of Digital Content for Marco Rubio's presidential campaign, writing op-eds, policy content, and leading the ...

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