House conservatives to offer four-year balanced budget proposal

by
March 16, 2013

The conservative Republican Study Committee (RSC) will put forward an alternative, more aggressive budget proposal than the main House Republican budget authored this week by Rep. Paul Ryan.

Chairman Steve Scalise (R-La.) said the budget amendment offered by the large conservative bloc would call for eliminating the federal deficit within four years — more than twice as fast as the Ryan budget, which balances in a decade.

It’s the third consecutive year that House conservatives will present their own budget plan.

Last year’s RSC budget balanced in five years. But Scalise, who took over as chairman in January, had said the group would wait until Ryan (R-Wis.) released his budget this week before deciding whether to offer its own.

“I don’t think anything we do is undermining the Ryan budget. In fact, we actually build on some of the things that Paul has worked on,” Scalise said in a taped interview for C-Span’s “Newsmakers” that will air on Sunday.

The key difference between the two proposals is the plan to overhaul Medicare.

While Ryan calls for implementing his “premium support” plan for future beneficiaries age 54 and younger, the RSC budget would start the change for people 59 and below.

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