Ryan's budget proposal would repeal PPACA

House Budget Committee Chair Paul Ryan (R-Wis.) on Tuesday unveiled a fiscal year 2014 budget proposal that would achieve a balanced budget over the next decade by repealing the Affordable Care Act, transitioning Medicare to a premium-support program and turning Medicaid into a block-grant system, USA Today reports (Davis, USA Today, 3/12). Overall, Ryan's 10-year spending blueprint calls for $4.6 trillion in savings, with about $2.7 trillion coming from federal health care programs (Montgomery, Washington Post, 3/12). The plan also would overhaul the tax code to simplify it from seven individual tax brackets to two (USA Today, 3/12).